Pointbreak appoints Josephat Mwatotele as group CEO

12 Apr 2016

The Pointbreak Board of Directors has appointed Josephat Mwatotele as CEO of Pointbreak Group, effective 1 April 2016. Josephat assumed executive responsibility of Stimulus in 2014 to replace the operational role of Monica Geingos and was at the same time appointed as a Director on the Pointbreak Board.

According to former Managing Director of Stimulus and Pointbreak Executive Director, Monica Geingos, “Josephat has a strong track-record in investment management and a proven ability to drive innovation and growth. This combination, together with his people centric approach, make him uniquely suited to lead a diversified, forward-thinking financial services group.”

"I am excited about the opportunity to lead the Group to the next level of growth and the many possibilities that lie ahead of us," said Josephat Mwatotele. "Pointbreak, with its experienced, professional and energetic team, is well-positioned to tap new opportunities during this time of financial innovation and technological change. It is truly a privilege to be part of the Pointbreak team and I certainly look forward to embark on this exciting journey."

Prior to Pointbreak, Josephat served as the Founder and Executive Chairman of Destiny Investment Group, a private investment firm founded by Namibian private investors. Josephat is married to Selma and they have three children. He holds a bachelor's degree in economics and a master's degree in strategic studies from Dana College and the University of Lancaster respectively.

Pointbreak was founded in 1999 and is a Namibian investment management group, with its head office in Windhoek and offices in Swakopmund and Cape Town. The Group manages N$7.5 billion in third party capital. Pointbreak Wealth Management provides a full range of financial services to over 3000 Namibian private clients. The Pointbreak Group further holds a majority interest in EBank Limited.