Namibia:  NAMCOR Appoints Victoria Sibeya As Managing Director

Namibia’s state-owned National Petroleum Corporation of Namibia (NAMCOR) has appointed Victoria Sibeya as its managing director for a five-year term, effective July 1, the company said.

Sibeya becomes the sixth substantive managing director of the national oil company.

She succeeds acting Managing Director Mtundeni Ndafyaalako, who had led the company since March 1.

A geologist by training, Sibeya has worked at NAMCOR since 2006, serving in several roles including geoscientist, asset manager and, most recently, Executive for Upstream Exploration, a position she has held since April 2019.

She holds a Master of Business Administration from the University of Aberdeen, a Master of Science in Geology from the University of Namibia, and a bachelor’s degree in geology from Nelson Mandela Metropolitan University, among other qualifications.

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Sibeya previously served as Secretary for the Africa Region of the American Association of Petroleum Geologists and is currently a trustee of Namibia’s Petrofund Board of Trustees.

She has received several industry awards, including the Frontier Energy 2025 Emerging Leadership Award and the Namibia International Energy Conference (NIEC) 2026 Women in Energy Leadership Award.

NAMCOR’s board said it was confident Sibeya would provide the leadership needed to steer the company through Namibia’s evolving energy sector and strengthen its role in supporting the country’s energy security and long-term growth.

The board also thanked Ndafyaalako for serving as acting managing director until the appointment of a substantive chief executive.