Manama – What is the prevailing situation of pension globally and patterns of evolution in this vital sector? Are actuarial deficits in pension funds (globally) real or inflated, and how should they be understood? Can financial markets be a complementary alternative through meaningful pension products, and how should they be designed? Does the current legislation of financial regulators contribute to a flourishing pension industry? What are the best assets and asset allocations for pension investments? What is the digital ecosystem “Fintech” required to build a modern pension industry? With these six titles, the third annual Middle East and North Africa (MENA) Pensions Conference will open next Wednesday 31st October 2018 at the Four Seasons Hotel.
The conference, which will be inaugurated by His Excellency Lieutenant General Sheikh Mohammed bin Abdullah Al Khalifa, President of the Supreme Council of Health and Chairman of Al-Hekma Society for the Retired, begins with a working paper presented by H.E. Dr. Mohamed Ahmed Maait, Minister of Finance of the Arab Republic of Egypt, former head of the pension reform program in Egypt. Dr. Maait holds high academic qualifications in actuarial sciences, insurance and mathematics, and is one of the permanent speakers at the World Bank on pensions.
To date, more than 500 participants from Bahrain, Gulf and Arab countries have registered to attend the conference, with the participation of public pension agencies, global asset management firms, actuarial companies, financial services providers and Fintech specialists.
Speaking in the conference will be leaders from specialized institutions, including KPMG Fakhro, Milliman, Ernst & Young, Mercer, SICO, public pension funds from Saudi Arabia, Oman and Jordan, OECD and IFM Investors (Australia’s pension assets management) Central Bank of Bahrain, the Dubai International Financial Centre and Abu Dhabi Global Market. The conference is sponsored by a number of prestigious national and international institutions, including Bahrain’s Economic Development Board, Tamkeen, the World Bank, the
Abu Dhabi Global Market, Robeco, Allianz Global Investors, Intertrust, AON, Aberdeen Standard Investments, TMF Group, International Peace Institute, and UK’s Pension Administration Standards Association (PASA).
Ebrahim K Ebrahim, TAKAUD’s Chief Government Business & Communications Officer and Chairman of the Conference, said: "This conference is the only event for the pension industry in the MENA region supported by a number of regional and international institutions, reinforcing Bahrain’s attractiveness as a hub for major economic and commercial activities in the region, especially in the financial sector.
“What really makes this event distinguished among global pension conferences is the participation of all actors in the sector, including government funds, international institutions and financial markets. It also links pensions with HR management strategies in terms of employee benefits, performance management, employee engagement, and related technical applications, which is itself a large industry in developed countries; something new and appreciated by the region’s HR leaders.
-Ends-
© Press Release 2018Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.
The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.
To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
