08:45
Setting the Conference Scene – Moderator – Mr Arabile Gumede
08:46
- 09:00
Welcome Address
- Chairperson, Government Employees Pension Fund and World Bank Representative
09:00
- 09:20
Keynote Address by Dr David Masondo, Deputy Minister of Finance
Pension Funds – a critical role in stimulating economic growth
09:20
- 09:35
Moderator in conversation with keynote speaker
09:35
- 10:35
Panel Discussion: How to ensure a pension for all upon retirement?
- Belonging to a pension fund or having an option to save for retirement is not a reality in most developing countries. How do we change this?
- Should there be a mandatory social security scheme?
- How can technology be leveraged to reach all citizens
- How do you incentivise people to save?
Panellists:
- Mr. Abel Sithole – Principal Executive Officer Government Employees
Pension Fund (GEPF)
- Mr. Ant Lester – Former Director: Willis Towers Watson
- Mr. Nzomo Mutuku – Chief Executive Officer: Retirement Benefits Authority,
Kenya
- Ms. Ann Cabot-Alletzhauser – Head: Alexander Forbes Research Institute
10:35
- 10:50
Q & A Session
10:50
- 11:05
Networking Break/Refreshments
11:05
- 12:05
Defined Benefits (DB) and Defined Contributions (DC) Conundrum: what are the innovations and trends?
- Case study of the UK’s Collective Defined Contribution Plans – Mr. Andrew Slater – Independent Actuarial and Investment Expert
- Case study of India’s New Pension System India – Mr. Gautam Bhardwaj, Founder and Director, pinBox, Singapore
- Case study of Chile – Ms. Olga Fuentes, Deputy Chairman of Regulation, Superintendent of Pensions – Chile
Moderated by Ms Fiona Stewart, World Bank
12:05
- 12:20
Q & A Session
13:30
- 14:30
Panel Discussion: Building Sustainable Defined Benefit Pension Funds
- Achieving benefits predictability while reducing volatility of contributions and funding requirements in the face of financial market volatility
- Reviewing methodologies for measuring pension liabilities
- Designing a funding methodology that can reduce the volatility of sponsor contributions during periods of financial market volatility
- What is the right balance between the contribution rate and investment risk?
Panellists:
- Mr. Eric Gires – Principal Actuary – World Bank
- Mr. Jordan Berger – Director – Institutional Investors Roundtable
- Mr. Marius du Toit – Divisional Executive: Specialist Support – FSCA
- Dr. Petri Greeff – Head: Investment Advisory and Administration – Riscura
- Mr. Howard Buck – Actuary – Keystone Actuarial Solutions
- Mr. Erich Potgieter – Actuary and Consultant – Willis Towers Watson
14:30
- 14:45
Q & A Session
14:45
- 15:45
Panel discussion: Impact investing and ESG integration: incorporating environmental, social and governance considerations in pension fund investment decision making
- Where are the opportunities?
- What are the key challenges?
- Reconciling fiduciary objectives and constrains
- Idiosyncratic vs systematic ESG risks and the role of public pension funds
Panellists:
- Mr. Gabriel Petre – lead Investment Strategists, World Bank
- Dr. Colin Habberton – Founder, Relativ Group
- Ms. Nicola Comninos – Chairperson, JSE Pension Fund
- Ms. Fabiana Fedeli – Managing Director and Global Head of Fundamental
Equity, Robeco
- Ms. Nicole Martens – UN PRI Head Africa and Middle East
15:45
- 16:00
Q & A Session
16:00
- 17:15
Panel discussion: Prescribed Investments and Co-investing
- What are the objectives?
- What are the governance considerations?
- Prescribed investments – case study from Namibia
Panellists:
- Mr. Kenneth Matomola – Deputy Chief Executive Officer, Namibia Financial
Institutions Pension Fund (NAMFISA) (Namibia)
- Ms. Joanne Yoo – Managing Director, Development Partners International
- Mr. Rob Rusconi – Founder and Actuary, Tres Consulting
- Mr. Ndabe Mkhize –Chief Investment Officer, Eskom Pension and Provident
Fund
- Mr Isaac Ramputa – Chairperson, Batseta
- Mr. Sholto Dolamo – Head: Research
Moderated by Ms. Daniela Klingebiel – Manager Financial Advisory Banking Reserves, World Bank
17:15
- 17:30
Q & A Session
17:30
Recap Day 1 by Moderator
08:30
- 09:00
Opening Address
- How can King IV be used to bolster governance for pension Funds – Judge Mervyn King
09:00
- 09:15
Q & A Session
09:15
- 10:15
Panel discussion: Governance and fiduciary duty and public trust.
- Fiduciary responsibility – what are the roles and responsibilities of trustees?
- Are fund trustees falling short of their fiduciary and ethical standards in executing their responsibilities?
- What are the key policies and procedures necessary to ensure good governance?
- How does a pension fund assess Board effectiveness?
Panellists:
- Mr. Louis van Vuren – Chief Executive Officer, Fiduciary Institute of SA
- Ms. Nicky Newton-King – Former CEO, Johannesburg Stock Exchange (JSE)
- Ms. Bekeme Masade-Olowola – Chief Executive Officer – CSR in Action, Nigeria
- Mr. Theo Botha – Shareholder Activist, Proxy View
- Mr. Bernard Murira – Lead Financial Officer, World Bank
10:15
- 10:30
Q & A Session
10:30
- 10:45
Networking break/Refreshments
10:45
- 11:05
Pension Fund Governance at the GEPF
- Speaker: Dr. Renosi Mokate, Chairperson, GEPF
11:05
- 11:35
Governance challenges facing Pension Funds
Speaker: Mr. Marcelo Giugale, Director: Financial Advisory and Banking Department, World Bank Treasury
11:35
- 11:50
Q & A Session
11:50
- 12:50
Panel discussion: International investing by Pension Fund Managers
- What are the opportunities?
- What are the challenges?
Panellists:
- Mr. David Nuyoma – Chief Executive Officer, Government Institutions Pension Fund, Namibia
- Mr. David Ashiagbor – Head: Making Finance Work for Arica, African Development Bank
- Mr. Elias Masilela – Executive Chairperson, DNA Economics
- Mr. Gabriel Petre – Lead Investment Strategist, World Bank,
- Mr. Aymeric Saha – Managing Director, MiDA
12:05
- 13:05
Q & A Session
12:50
- 13:05
Closing Remarks
Mr. Abel Sithole, Principal Executive Officer, GEPF
13:15
- 13:25
Day 2 of Conference Close and Departure
08:45
Setting the Conference Scene – Moderator – Mr Arabile Gumede
08:46
- 09:00
Welcome Address
- Chairperson, Government Employees Pension Fund and World Bank Representative
09:00
- 09:20
Keynote Address by Dr David Masondo, Deputy Minister of Finance
Pension Funds – a critical role in stimulating economic growth
09:20
- 09:35
Moderator in conversation with keynote speaker
09:35
- 10:35
Panel Discussion: How to ensure a pension for all upon retirement?
- Belonging to a pension fund or having an option to save for retirement is not a reality in most developing countries. How do we change this?
- Should there be a mandatory social security scheme?
- How can technology be leveraged to reach all citizens
- How do you incentivise people to save?
Panellists:
- Mr. Abel Sithole – Principal Executive Officer Government Employees
Pension Fund (GEPF)
- Mr. Ant Lester – Former Director: Willis Towers Watson
- Mr. Nzomo Mutuku – Chief Executive Officer: Retirement Benefits Authority,
Kenya
- Ms. Ann Cabot-Alletzhauser – Head: Alexander Forbes Research Institute
10:35
- 10:50
Q & A Session
10:50
- 11:05
Networking Break/Refreshments
11:05
- 12:05
Defined Benefits (DB) and Defined Contributions (DC) Conundrum: what are the innovations and trends?
- Case study of the UK’s Collective Defined Contribution Plans – Mr. Andrew Slater – Independent Actuarial and Investment Expert
- Case study of India’s New Pension System India – Mr. Gautam Bhardwaj, Founder and Director, pinBox, Singapore
- Case study of Chile – Ms. Olga Fuentes, Deputy Chairman of Regulation, Superintendent of Pensions – Chile
Moderated by Ms Fiona Stewart, World Bank
12:05
- 12:20
Q & A Session
13:30
- 14:30
Panel Discussion: Building Sustainable Defined Benefit Pension Funds
- Achieving benefits predictability while reducing volatility of contributions and funding requirements in the face of financial market volatility
- Reviewing methodologies for measuring pension liabilities
- Designing a funding methodology that can reduce the volatility of sponsor contributions during periods of financial market volatility
- What is the right balance between the contribution rate and investment risk?
Panellists:
- Mr. Eric Gires – Principal Actuary – World Bank
- Mr. Jordan Berger – Director – Institutional Investors Roundtable
- Mr. Marius du Toit – Divisional Executive: Specialist Support – FSCA
- Dr. Petri Greeff – Head: Investment Advisory and Administration – Riscura
- Mr. Howard Buck – Actuary – Keystone Actuarial Solutions
- Mr. Erich Potgieter – Actuary and Consultant – Willis Towers Watson
14:30
- 14:45
Q & A Session
14:45
- 15:45
Panel discussion: Impact investing and ESG integration: incorporating environmental, social and governance considerations in pension fund investment decision making
- Where are the opportunities?
- What are the key challenges?
- Reconciling fiduciary objectives and constrains
- Idiosyncratic vs systematic ESG risks and the role of public pension funds
Panellists:
- Mr. Gabriel Petre – lead Investment Strategists, World Bank
- Dr. Colin Habberton – Founder, Relativ Group
- Ms. Nicola Comninos – Chairperson, JSE Pension Fund
- Ms. Fabiana Fedeli – Managing Director and Global Head of Fundamental
Equity, Robeco
- Ms. Nicole Martens – UN PRI Head Africa and Middle East
15:45
- 16:00
Q & A Session
16:00
- 17:15
Panel discussion: Prescribed Investments and Co-investing
- What are the objectives?
- What are the governance considerations?
- Prescribed investments – case study from Namibia
Panellists:
- Mr. Kenneth Matomola – Deputy Chief Executive Officer, Namibia Financial
Institutions Pension Fund (NAMFISA) (Namibia)
- Ms. Joanne Yoo – Managing Director, Development Partners International
- Mr. Rob Rusconi – Founder and Actuary, Tres Consulting
- Mr. Ndabe Mkhize –Chief Investment Officer, Eskom Pension and Provident
Fund
- Mr Isaac Ramputa – Chairperson, Batseta
- Mr. Sholto Dolamo – Head: Research
Moderated by Ms. Daniela Klingebiel – Manager Financial Advisory Banking Reserves, World Bank
17:15
- 17:30
Q & A Session
17:30
Recap Day 1 by Moderator
08:30
- 09:00
Opening Address
- How can King IV be used to bolster governance for pension Funds – Judge Mervyn King
09:00
- 09:15
Q & A Session
09:15
- 10:15
Panel discussion: Governance and fiduciary duty and public trust.
- Fiduciary responsibility – what are the roles and responsibilities of trustees?
- Are fund trustees falling short of their fiduciary and ethical standards in executing their responsibilities?
- What are the key policies and procedures necessary to ensure good governance?
- How does a pension fund assess Board effectiveness?
Panellists:
- Mr. Louis van Vuren – Chief Executive Officer, Fiduciary Institute of SA
- Ms. Nicky Newton-King – Former CEO, Johannesburg Stock Exchange (JSE)
- Ms. Bekeme Masade-Olowola – Chief Executive Officer – CSR in Action, Nigeria
- Mr. Theo Botha – Shareholder Activist, Proxy View
- Mr. Bernard Murira – Lead Financial Officer, World Bank
10:15
- 10:30
Q & A Session
10:30
- 10:45
Networking break/Refreshments
10:45
- 11:05
Pension Fund Governance at the GEPF
- Speaker: Dr. Renosi Mokate, Chairperson, GEPF
11:05
- 11:35
Governance challenges facing Pension Funds
Speaker: Mr. Marcelo Giugale, Director: Financial Advisory and Banking Department, World Bank Treasury
11:35
- 11:50
Q & A Session
11:50
- 12:50
Panel discussion: International investing by Pension Fund Managers
- What are the opportunities?
- What are the challenges?
Panellists:
- Mr. David Nuyoma – Chief Executive Officer, Government Institutions Pension Fund, Namibia
- Mr. David Ashiagbor – Head: Making Finance Work for Arica, African Development Bank
- Mr. Elias Masilela – Executive Chairperson, DNA Economics
- Mr. Gabriel Petre – Lead Investment Strategist, World Bank,
- Mr. Aymeric Saha – Managing Director, MiDA
12:05
- 13:05
Q & A Session
12:50
- 13:05
Closing Remarks
Mr. Abel Sithole, Principal Executive Officer, GEPF
13:15
- 13:25
Day 2 of Conference Close and Departure
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