TransNamib on Thursday announced the resignation of its chief executive officer (CEO), Johny Smith, who joined the company five years ago.

In a media statement availed here on Thursday, TransNamib Board Chairperson Theo Mberirua explained that Smith’s five-year employment contract he signed in 2019 came to an end on January 31, 2023, and that the company offered him another five-year term, which he turned down.

"TransNamib will announce the way forward for the company before Smith’s official exit from the company on March 31 of this year," said the statement.

Smith, for his part, thanked TransNamib, the Board of Directors, and the entire staff for the support they rendered him in his five-year tenure as CEO of the company.