BIFM Board Members

Chandra Chauhan


Chandra is a Chartered Accountant who trained and qualified with KPMG in the United Kingdom. A Zambian by birth, he became a naturalized citizen of Botswana and has over the years become a very successful entrepreneur and respected businessman. He is currently the Group Managing Director of Sefalana Holding Company Limited, a listed company on the Botswana Stock Exchange, having been appointed to it’s Board in 2003 and assumed his current role shortly after in 2004.

He was responsible for turning around and restructuring Sefalana and has seen its market capitalisation increase from P64 million in 2004 to its current capitalization of P640 million. He was appointed to the BIHL Board on 20 April 2009. He is the Chairman of the Board of Botswana Insurance Fund Management (Bifm). Mr. Chauhan has a B. Acc (Hons) from the Univesity of Zimbabwe, ACA (England & Wales) and ACPA (Botswana).

Mahube Chilisana Mpugwa

Mahube Mpugwa is Chairman and General Manager of Puma Energy Botswana (formerly BP Botswana). He was appointed to the BIHL Board on 01 June, 2010. He is also a director of Master Timber. Mr. Mpugwa began his career in Public Relations at the Botswana Development Corporation and joined BP Botswana as Marketing Communications Manager in 1998.

Thereafter he held various positions within BP Botswana and BP South Africa before being appointed to his current position in 2008. He has a BA (Hons) degree from the University of Windsor, Canada; a certificate in Business Leadership from the University of South Africa; and an MBA from the University of Stratchclyde, Scotland. Mr. Mpugwa joined the Bifm board in January 2012.


Andre Roux

Andre is the Chief Investment Officer of SIM Namibia and manages the SIM Inflation Linked Bond portfolio as well as the SIM Namibia Active Income fund. Prior to this he managed the SIM Absolute Return Income Fund and headed up the Fixed Interest team. Andre started his investment career as a Fixed Interest Dealer. He joined SIM in 1998 from Santam. Andre was appointed onto the BIHL board in 2013 and was also made the Investment Committee Chairman.

Andre has a wealth of experience in the asset management arena and graduated from the University of Stellenbosch with a B.Com Hon in Economics. Mr. Roux is the Chairman of the Investment Committee. He joined the Bifm board in July 2013.