Newly appointed Millennium Investment Holdings CEO, Miguel Hamutenya.Photo: Contributed
Newly appointed Millennium Investment Holdings CEO, Miguel Hamutenya.Photo: Contributed

Keeping up with the transitions

An agent of collective decision-making
Newly-appointed Millennium Investment Holdings CEO Miguel Hamutenya shares his knowledge and career achievements.
Wetumwene Shikage
Miguel Hamutenya has been in the acting role for the CEO position at Millennium Investment Holdings for a few months before he was officially appointed on 1 June. He believes in setting the organisation's direction; aligning the organisation; making crucial decisions for the interest of the organisation; mobilising the business through its executive team; connecting with stakeholders, and managing personal effectiveness.

Additionally, he believes that leading by example is of great importance within this position.

Adding to his academic achievements, Hamutenya is looking forward to completing what he considers his greatest academic achievement thus far. His dissertation to obtain his master's in energy and sustainability is due in August.



A competitive industry

While taking on the CEO position at Millennium, Hamutenya is aware of the competitiveness the industry and profession holds. This, he said, is “mainly due to the diverse nature of the industries in which our various subsidiaries operate and the portfolios we manage through our investments".

Managing a team to execute tasks and make sure the organisation constantly performs, Hamutenya adopted a democratic management style over the years, which he blends with a touch of transactional and transformational management.

Another role he has as CEO is empowering a team to ensure quality of work put out. He said due to the management style he adopted, the input of his team is valued and he remains an agent of collective decision-making.

“It is my belief that by equipping your team with the necessary skills and tools, it will translate into enhanced and quality work output,” he said.

The CEO wishes to work on weaknesses and simultaneously focus on sustainability moving forward. Keeping up with the transitions and working with diversity of the investment portfolios makes his job unique and more enjoyable.



Accomplishments

Sharing some of his career achievements within the field, Hamutenya said leading the strategic business development department of the organisation since 2017 has been a rewarding experience.

“This involved establishing new exciting projects and portfolios which has grown our revenue and asset base and has created employment for many of my countrymen and women,” he said. Additionally, building businesses that have contributed to the growth of the organisation add onto his career achievements.

He further advised Namibian youth to tap into the knowledge of the wise.

“Learning from them and their experiences will direct you into making the right decisions,” he said.

Hamutenya sees this position as one that contributes to his career growth. He not only believes it will test his limits, but will motivate him to pursue personal and professional goals, in line with his vision and mission.

“I feel blessed and well deserved. Preparation for tomorrow is hard work today,” he said.

Hamutenya added that this position comes with challenges to be faced, saying another role within the position is to devise solutions while addressing challenges that face the organisation. One way to cope with challenges is to tackle them as they come up, which he said should be done by the youth. He believes that communication can prevent or fix any problem and that the right people are worth everything.



Hamutenya’s hobbies and fun facts:

• Spending time with my wife and daughter

• 'Switching off' by listening to music

• Exercising (physically and mentally)

• Fine dining

• Dancing

• Travelling

• Ex-professional football player

• Lived in eight countries on four continents

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Republikein 2024-11-23

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