Otto Herrigel’s biography, fact, career, awards, net worth and life story

Intro First Finance Minister of Namibia
Was Politician
Minister
From Namibia
Type Politics
Religion
Gender male
Birth

27 June 1937, Walvis Bay, Erongo Region, Namibia

Death

13 May 2013, Windhoek, Khomas Region, Namibia
(aged 75 years)

Star sign Cancer
Politics South-West Africa People’s Organization
Education
Heidelberg University
University of Basel

Otto Herrigel (27 June 1937 – 13 May 2013) was a Namibian businessman, and politician. He served as Namibia’s first Minister of Finance between 1990 and 1992.

Herrigel was born in Walvis Bay and grew up in Swakopmund. He studied economics at University of Heidelberg, and in 1971 obtained a doctoral degree from University of Basel, his thesis was about the demographic and economic development of South West Africa since 1921.

A member of SWAPO since before Independence of Namibia, 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 commented “Dr Herrigel [is a] man of decision-making abilities and sound judgement”. Herrigel resigned in 1992, reportedly due to differences with president Sam Nujoma over fiscal policy and the procurement of a presidential aircraft. Afterwards Herrigel was on the board of the Bank of Namibia (1998-2008), and on the board of directors of TransNamib (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.

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