08 Apr 2019
Prime Minister Saara
Kuugongelwa-Amadhila has urged Agribank to continue with targeted stakeholder
engagements with its strategic stakeholders to create a shared understanding
about its operations and activities. The Premier expressed these sentiments at
a stakeholder meeting held recently between her office, the Minister of Finance
and Agribank Board and Management. She noted that Agribank plays a critical
role in the agricultural sector as it is “for everyone from senior citizens,
ordinary person to a child under the bridge”. Whilst appreciating the efforts
of the bank, Kuugongelwa–Amadhila called for synergy between Agribank and
Government institutions to ensure the activities are aligned in order to
achieve the national developmental goals.
On his part, Agribank Chief Executive Officer Sakaria Nghikembua presented a brief overview on the mandate of the bank, product portfolio, farmers training and mentorship, financial status, available funding options as well as corporate social investment of the Bank. Nghikembua highlighted some of the challenges facing the Bank and possible solutions as well as the role that it plays in the country’s land reform process. “We have many social responsibility programs and one of them is that we are currently having four students on our bursary scheme, we also offer training and mentorship to farmers among others,” he said. According to Nghikembua, Agribank can be the center of enabling land reform in the country and transformation of agricultural sector in general, if sufficient support is provided by the relevant stakeholders.
The stakeholder meeting was attended by the Prime Minister, Minister of Finance, Calle Schlettwein, Executive Director in the office of the Prime Minister I-Ben Nashandi as well as AgribankBoard and members of Senior Management. The meeting was held as part of Agribank’s stakeholder engagement strategy which employs multiple engagement methods including one-on-one meetings with strategic stakeholders.
Chief Executive Officer
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Agribank CEO Sakaria Nghikembua, Board member Dagmar Honsbein, Agribank Chairperson Michael Iyambo, Prime Minister Saara Kuugongelwa-Amadhila, Finance Minister Calle Schlettwein, Board members Peyavali Hangula and Phanuel Kaapama pictured after the courtesy visit.
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