BOARD OF TRUSTEES (MULTIPLE POSITIONS) – Nammed Medical Aid Fund 41 views

Candidates usually need extensive senior-level experience in areas like finance, law, healthcare management, or corporate governance. Relevant professional certifications or degrees, coupled with a strong understanding of Namibian regulatory frameworks for financial services, are often essential.

Responsibilities primarily involve strategic oversight, fiduciary duty, and ensuring compliance with the Medical Aid Funds Act and other relevant legislation. This typically includes attending regular board meetings, participating in committees, and reviewing strategic plans and financial reports.

Namibian governance culture emphasizes transparency, accountability, and a strong commitment to ethical leadership and stakeholder interests. Board members are expected to uphold the highest standards of integrity, independence, and good corporate citizenship in all decisions.

Board members are usually compensated through attendance fees or stipends per meeting, rather than traditional salaries or employee benefits like medical aid or pension. The specific remuneration structure will be outlined by the fund in accordance with its policies and regulatory guidelines.

The application typically requires a comprehensive CV, a detailed cover letter highlighting governance experience, and sometimes professional references. Medical aid funds highly value candidates with proven strategic acumen, strong ethical grounding, and a deep understanding of the healthcare and regulatory landscape in Namibia.