Board of Directors

Namakau Mundia Ntini

Non-Executive Director

Namakau Mundia Ntini is the Registrar and Chief Executive Officer of the Pensions and Insurance Authority, Zambia. She brings close to two decades of regulatory and supervisory experience having been with the Authority since 2009 and has served in different roles in Insurance and Pensions Supervision.  

Prior to her current appointment, she served as Deputy Registrar, Pensions Supervision, as well as Deputy Registrar, Insurance Supervision, in an acting capacity. As part of her strong leadership track record in insurance supervision, Ms. Ntini played a lead role in shaping the insurance industry’s current regulatory landscape. This legislation has helped strengthen the industry’s governance and capital adequacy framework, as well as positioning the Zambian insurance industry to contribute towards closing the protection gap through introduction of the Microinsurance Framework. She served as the Chairperson of the Financial Education Working Group that developed Zambia’s First National Strategy on Financial Education under the auspices of the Financial Sector Development Plan (FSDP), a project that was led by the Ministry of Finance & National Planning.  

Ms. Ntini brings extensive experience to the ZEP–Re Board, where she serves as Chairperson of the Governance and Human Resource Committee, following her election to the Board of Directors in June 2023. She also serves as the Chairperson of the Insurance, Retirement Funds, Medical Aid Schemes and Intermediary, a sub-committee under Committee of Insurance, Securities and Non-Bank Authorities, a structure established under the SADC Protocol on Finance and Investments. Further, she serves on Zambia’s Financial Stability Committee, established under the Central Bank. Ms.  Ntini’s governance experience extends to various directorship roles she has held in public and non-governmental organizations.  

 Ms. Ntini is a Fellow of the Association of Chartered Certified Accountants (FCCA) and the Zambia Institute of Chartered Accountants (FZICA). She holds a MSC Finance (Financial Sector Management) from the University of London. She has completed a number of certification programs in financial sector supervision and is an alumnus of Toronto Centre’s Women Leadership program.   

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