Resignation: John Walenga has resigned from the board of the Development Bank of Namibia
Walenga who has served as board member from July 2009 until present day says his resignation is a result of a pending divorce process he is going through with his wife, Magreth.
“Divorce is not a good thing and the DBN is a huge institution. By going through a divorce and by going to court over such a thing, to me it’s a failure on integrity. I do not feel I am the right man to be sitting on the DBN board and after that I have to dash across the streets to (the High) Court to settle my divorce.”
Lawyer Elize Angula is the Chairperson of the DBN Board having taken over from Sven Thieme.