Otto Herrigel (27 June 1937 – 13 May 2013) was a

Namibia Namibia (, ), officially the Republic of Namibia, is a country in Southern Africa. Its western border is the Atlantic Ocean. It shares land borders with Zambia and Angola to the north, Botswana to the east and South Africa to the south and ea ...

n businessman, and politician. He served as Namibia's first

Minister of Finance A finance minister is an executive or cabinet position in charge of one or more of government finances, economic policy and financial regulation. A finance minister's portfolio has a large variety of names around the world, such as "treasury", " ...

between 1990 and 1992. Herrigel was born in

Walvis Bay Walvis Bay ( en, lit. Whale Bay; af, Walvisbaai; ger, Walfischbucht or Walfischbai) is a city in Namibia and the name of the bay on which it lies. It is the second largest city in Namibia and the largest coastal city in the country. The ci ...

and grew up in

Swakopmund Swakopmund (german: Mouth of the Swakop) is a city on the coast of western Namibia, west of the Namibian capital Windhoek via the B2 main road. It is the capital of the Erongo administrative district. The town has 44,725 inhabitants and covers ...

. He studied economics at

University of Heidelberg } Heidelberg University, officially the Ruprecht Karl University of Heidelberg, (german: Ruprecht-Karls-Universität Heidelberg; la, Universitas Ruperto Carola Heidelbergensis) is a public research university in Heidelberg, Baden-Württemberg, ...

, and in 1971 obtained a doctoral degree from

University of Basel The University of Basel (Latin: ''Universitas Basiliensis'', German: ''Universität Basel'') is a university in Basel, Switzerland. Founded on 4 April 1460, it is Switzerland's oldest university and among the world's oldest surviving universit ...

, his thesis was about the demographic and economic development of

South West Africa South West Africa ( af, Suidwes-Afrika; german: Südwestafrika; nl, Zuidwest-Afrika) was a territory under South African administration from 1915 to 1990, after which it became modern-day Namibia. It bordered Angola (Portuguese colony before 1 ...

since 1921. A member of SWAPO since before

Independence of Namibia The South African Border War, also known as the Namibian War of Independence, and sometimes denoted in South Africa as the Angolan Bush War, was a largely asymmetric conflict that occurred in Namibia (then South West Africa), Zambia, and Angol ...

, Herrigel worked as a businessman and farmer, before he was appointed Namibia's first Minister of Finance on 21 March 1990. Prominent businessman and then-Chairman of the Chamber of Commerce

Harold Pupkewitz Harold Pupkewitz (14 July 1915 – 27 April 2012) was a Lithuanian born, Namibian entrepreneur and member of the President's Economic Advisory Council. He was the Executive Chairman of Pupkewitz Holdings, a group of builders' merchants, car sal ...

commented "Dr Herrigel s aman of decision-making abilities and sound judgement". Herrigel resigned in 1992, reportedly due to differences with president

Sam Nujoma Samuel Shafiishuna Daniel Nujoma, (; born 12 May 1929) is a Namibian revolutionary, anti-apartheid activist and politician who served three terms as the first President of Namibia, from 1990 to 2005. Nujoma was a founding member and the first ...

over fiscal policy and the procurement of a presidential aircraft. Afterwards Herrigel was on the board of the

Bank of Namibia The Bank of Namibia (BoN) is the central bank of Namibia, whose establishment is enshrined in Article 128 of the Namibian Constitution. It is located in the capital city of Windhoek. The Bank of Namibia was established in 1990 by the ''Bank of Na ...

(1998-2008), and on the board of directors of

TransNamib TransNamib Holdings Limited, commonly referred to as TransNamib, is a state-owned railway company in Namibia. Organised as a holding company, it provides both rail and road freight services, as well as passenger rail services. Its headquarters ar ...

(2001-2002). Herrigel and his wife Karin raised two GDR kids as foster children, children that were removed from their parents and brought up in the

German Democratic Republic German(s) may refer to: * Germany (of or related to) ** Germania (historical use) * Germans, citizens of Germany, people of German ancestry, or native speakers of the German language ** For citizens of Germany, see also German nationality law **G ...

References

{{DEFAULTSORT:Herrigel, Otto 1937 births 2013 deaths Finance ministers of Namibia Members of the National Assembly (Namibia) SWAPO politicians Heidelberg University alumni University of Basel alumni People from Walvis Bay Namibian people of German descent White Namibian people