GIPF launches four-year strategic plan
The Government Institutions Pension Fund has officially launched its strategic plan for 2026 to 2029, with Prime Minister Elijah Ngurare calling on the N$213.2 billion fund to channel capital into sustainable development initiatives that generate measurable social and environmental outcomes.
The plan, launched under the theme "creating a better future for our members", was unveiled at a formal ceremony on Wednesday. Ngurare's remarks were delivered by his Special Adviser, Asser Ntinda.
"I am delighted to observe that the GIPF 3-year strategy is aligned to the country's developmental agendas such as Vision 2030, the National Development Plan and the United Nations Sustainable Development Goals to create societal value through stimulating economic activity, reducing poverty, promoting social development, and supporting regional equity," Ngurare said.
The prime minister added that GIPF, as a responsible institutional investor, must work closely with its asset managers to allocate capital to initiatives that generate measurable social and environmental outcomes.
The fund reported a net investment return of 15% over the three years to 31 January 2026.
Board of Trustees chairperson Penda Ithindi said the plan is built around several strategic pillars covering the sustainability of the fund, service delivery, governance, ethical leadership, and organisational capacity.
"The plan encompasses several strategic pillars that provide focus and direction on the sustainability of the Fund, delivering excellent service, good governance and ethical leadership, organisational and employee capacity and socio-economic impact," Ithindi said.
GIPF chief executive Martin Inkumbi said the strategy requires the fund to remain adaptable and resilient while maintaining a clear focus on its members.
"The strategy reinforces a commitment to responsible governance, prudent investment management, and sustainable growth, while ensuring that the Fund remains capable of supporting its members and their beneficiaries for generations to come," Inkumbi said.
The strategic plan was informed by extensive environmental scanning, stakeholder consultations, and a review of past performance. It is aligned to Vision 2030, the sixth National Development Plan, and the UN Sustainable Development Goals.
