Director: Banking Services Department
Bank of Namibia
BiographySam is currently serving as the Director: Banking Services Department at Bank of Namibia. The Department is responsible for all aspects related to currency management from planning design to issuance. Sam is also serving as Chairperson of the University of Namibia's Council, Chairperson of the National Housing Enterprise and Deputy President of Professional Speakers Association of Namibia. Sam has extensive exprience and exposure in the currency industry and he was one of the key players in the planning and production of Namibia's new family of banknotes which was launched in 2012.
About the companyBank of Namibia is the Central Bank of Namibia
PresentationThe selection and evaluation of security features for a new family of Banknotes: Bank of Namibia case study
The Bank of Namibia introduced a new family of Banknotes in 2012, replacing the first banknote series which were in circulation since 1993. After the new family of banknotes was launched and subsequently issued to the public on 15 May 2012, technical challenges were experienced on some denominations. The Bank and the supplier addressed these challenges efficiently. The purpose of this presentation is to provide an overview of our experience in the selection and evaluation of the new security features, lessons learned, and share the new found banknote paper testing requirement which can be adopted by the currency industry as a standard test for new banknotes