Namibia in process of scrapping assistant governor position for second deputy

Central bank has been without an assistant governor for over two years

Draft legislation to approve second deputy to appear before bank board later this month

The Bank of Namibia will be one step closer to acquiring a second deputy governor when a proposal to change the management structure of the bank is put to its board later this month.

Under the current structure, the bank is led by the governor, who is supported by a single deputy and an assistant governor. Since October 2013, the position of assistant governor has remained vacant after the resignation of Michael Mukete.

"The departments that were reporting to the assistant governor were re

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