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APSA Conference 2019 Report

This conference was the inaugural Africa Pension Supervisors conference to be hosted in the Continent, bringing together pension regulators and supervisors from across Africa. It was held on the 16th and 17th of September 2019 at Radisson Blu Hotel in Nairobi, Kenya and was co-sponsored by Retirement Benefits Authority (RBA) and Financial Sector Deepening Africa (FSD-A). The facilitators for the conference comprised speakers from International Organization for Pension Supervisors (IOPS), Pension Supervisory bodies from the continent, professionals and pension sector practitioners knowledgeable and experienced in the pension subject matter.

This conference was organized as a key step towards the formation of an African Pension Supervisors Forum, which was mooted by African countries who are members of IOPS during their side meetings at the IOPS meetings. IOPS is a global network of pensions supervisors and focuses on setting of standards, better regulation and supervision for the sector. The African Forum would focus more on pension issues and challenges that are pertinent or rather unique for the continent and for which they could learn from one another in terms of finding solutions to enhance better governance and performance of the sector. Their different experiences and perspectives in addressing their respective challenges would be resourceful as they seek solutions for them. Such discourse for the Continent was long overdue as other regions where IOPS draws its membership already enjoy such discourses like is the case with Latin American membership in IOPS. 

The ultimate goal of this conference, therefore, was to discuss and come up with a more regular platform for collaboration, co-operation and exchange of information and ideas to better supervise, regulate and grow the pensions sector in Africa. It was the first and hopefully in a series of such conferences to come providing a platform for pension regulators in the continent to engage in  policy dialogue on pension regulation and supervision as they share their experiences and ideas.