The NASFUND Board has announced the appointment of Hulala Tokome as Chairman of NASFUND, from the 1st January 2017.
After serving as deputy chairman for the last two years Tokome succeeded Mr William Lamur, who remains on the board as an ordinary director for a year.
Tokome has been on the NASFUND Board for the last Sseven years as an independent director and also served as Chairman of the Board’s Investment Committee.
Tokome, a certified practicing accountant, is currently the General Manager of Puma Energy – Down Stream and also sits on the Boards of Mainland Holdings, NASFUND Contributors Savings & Loan Society and local Puma subsidiary companies.
In other changes, Mel Togolo, former Chairman (2012 – 2014) and long serving board member retired on December 31, 2016 while two other independent directors were appointed to the Board.
They are Charles Vee, and Tamzin Wardley. Vee, an architect by profession brings property management expertise to the Board and Tamzin Wardley who has a finance background brings strong financial expertise to the Board. Vee was also elected Deputy Chairman.
Outgoing Chairman William Lamur said the changes were necessary as part of the Board’s succession planning to meet regulatory requirements as well ensuring continuity and stability was maintained.
Lamur said he was confident in the new leadership of the Board and wished them well in their new roles.