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.
Sibeya becomes the sixth substantive Managing Director of the national oil company, succeeding Acting Managing Director, Mtundeni Ndafyaalako, who had overseen the company’s operations since March 1.
A trained geologist, Sibeya joined NAMCOR in 2006 and has served in several technical and leadership 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.
Sibeya previously served as Secretary for the Africa Region of the American Association of Petroleum Geologists and currently serves as a trustee of Namibia’s Petrofund Board of Trustees.
She has also been recognised for her contributions to the industry, receiving the Frontier Energy 2025 Emerging Leadership Award and the Namibia International Energy Conference (NIEC) 2026 Women in Energy Leadership Award.
According to NAMCOR’s Board, Sibeya’s appointment reflects confidence in her ability to lead the company through the next phase of Namibia’s evolving energy sector while strengthening its contribution to the country’s energy security and long-term development.
The Board also expressed appreciation to Acting Managing Director Mtundeni Ndafyaalako for his leadership during the transition period before the appointment of a substantive Managing Director.