Air Namibia appoints seasoned finance professional Werner Schuckmann as CFO
Werner's appointment follows Air Namibia's liquidation announcement at the end of September.
On Thursday 10 October, Air Namibia announced the appointment of Werner Schuckmann as its new CFO as of 8 October.
According to the statement, Schuckmann brings more than 30 years of extensive financial experience to the role. Prior to joining Air Namibia, Schuckmann held various CFO and financial director roles spanning the fishing, aviation and construction industries.
He was the MD of Bidvest Namibia Commerical Holdings from 2012 to 2017 and has spent the last two years consulting various entities in Southern Africa as a strategy and management consultant. He also serves as a non-executive director on the board of Roads Contractor Company and MTC Namibia.
He has previously served as a senior partner at PwC and KPMG, senior adviser at Bank Windhoek, Namibia Construction as CFO, and MD at Typepro Namibia.
Schuckmann’s appointment follows Air Namibia announcing its liquidation in September. Statements of its insolvency said that considerations on whether to keep the airline as a state-owned entity or offload it to a private investor is still being considered by the Namibian government, who are the sole owners of the airline.
According to statements, the airline’s economic challenges are outweighed by its contribution to Namibia’s tourism industry, which allows it to continue leveraging on economic support from the country’s treasury.