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Who we are

Who we are

APSA is a coordinated platform that brings together pension industry regulators and supervisors from across Africa. The association was formally launched in September 2019 at the first Africa Pensions Supervisors Conference held in Nairobi. The founding member countries are Nigeria, South Africa, Kenya, Uganda, Zambia and Rwanda.  The current membership is made up of regulators from 15 countries and are responsible for over US$350 billion assets – over 86% of pension assets in Africa.

The association seeks to enhance pension supervision and regulation by providing a platform for collaboration, co-operation and exchange of information and ideas to better supervise, regulate and grow the pension sector in the continent. The network is poised to accelerate the pace of reforms in the pension space for greater economic impact in Africa.

Since its launch in 2019, FSD Africa has committed to support the association on policy and regulatory development, events and thought leadership. APSA is led by a 5-member committee appointed from among the founding member countries to oversee its institutionalization and formalization. The secretariat is hosted by the Retirement Benefits Authority of Kenya.

Vision

Our vision is to create a secure and dignified retirement future for all Africans. 

Mission

Our mission is to promote, strengthen, and facilitate the development of robust and sustainable pension systems across Africa.

The Team

Executive Committee
Secretariat
Dr. Shem Ouma

Dr. Shem Ouma

Head, APSA Secretariat, Director, Research, Strategy and Planning Retirement Benefits Authority, Kenya
Mr. Lazarus Keizi

Lazarus Keizi

Deputy Director, Research, Strategy and Planning Retirement Benefits Authority, Kenya
Leonard Audi

Leonard Audi

Senior Economist, Research, Strategy and Planning Retirement Benefits Authority, Kenya

Supported by

FSD Africa

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Adv. Zareena Camroodien

Chairperson

Africa Pensions Supervisors’ Association, and Head of Fund Governance and Trustee Conduct Retirement Funds Supervision Division (RFSD) Financial Sector Conduct Authority in South Africa

Zareena Camroodien is the chairperson of the Africa Pension Supervisors’ Association (APSA).  She is also the Departmental Head of Fund Governance and Trustee Conduct in the Retirement Funds Supervision Division (RFSD) responsible for fund governance and trustee training, which includes the Trustee Training Toolkit, at the Financial Sector Conduct Authority in South Africa.  She is also responsible for providing legal support to the Retirement Funds Supervision Division. She further provides input in respect of pensions-related legislation, inter alia, the Conduct of Financial Institutions Bill (COFI), the consequential amendments to the Pension Funds Act and the Revenue Laws Amendment Bill giving effect to the two-pot system, and other pensions-related legislation and regulatory instruments.  She further provides input on various pensions-related policies of National Treasury including but not limited to the two-pot system, auto enrolment and governance of retirement funds. She represents the RFSD at various fora including the International Organisation of Pension Supervisors (IOPS), she is the RFSD representative at NEDLAC.  She has been in the retirement funds industry for approximately 20 years.  She is an admitted Advocate of the High Court of South Africa with extensive legal experience. She completed her pupillage and practised as an Advocate at the Johannesburg Bar having appeared as counsel in, inter alia, the Constitutional Court and Supreme Court Appeal in landmark decisions.  She is passionate about social justice.

Rita Faith Nansasi Wasswa (Mrs.)

Secretary

Africa Pensions Supervisors’ Association, and Acting Chief Executive Officer /Chief Manager Legal Services Uganda Retirement Regulatory Authority

Rita is the Director Legal Services / Board Secretary at the Uganda Retirement Benefits Regulatory Authority (UR-BRA) and currently serving as the Acting Chief Executive Officer of URBRA. Rita is an Advocate of the High Court of Uganda with over fifteen years of experience in legal practice, legislative drafting and providing corporation secretarial services. Rita holds a Bachelor of Laws degree (LLB – Hons) from Uganda Christian University- Mukono, a Post Graduate Diploma in Legal Practice (PGDLP) from the Law Development Center-Kampala and a Master’s in Business Administration (MBA) from Eastern and Southern Africa Management Institute (ESAMI). She is also an Alumni of the Female Future Leadership Development Training Programme (FFP) Rita is also Graduate Member of the Chartered Governance Institute (UK); an Institute for Chartered Governance Professionals, Advisors and Company Secretaries.

Mrs. Namakau Mundia Ntini

Assistant Treasurer

Africa Pensions Supervisors’ Association, and CEO, Pensions & Insurance Authority (PIA), Zambia

Namakau is the Registrar and CEO of the Pensions and Insurance Authority, Zambia. Namakau has a passion for financial inclusion and served as Chairperson of the Financial Education Working Group that developed Zambia’s First National Strategy on Financial Education, under the auspices of the Financial Sector Development Plan (FSDP), led by the Ministry of Finance. Currently, Namakau represents Zambia on the ZEP-RE (PTA Reinsurance Company) Board of Directors, and was recently elected Chairperson of the Insurance, Retirement Funds, Medical Aid Schemes and Intermediary, a Sub-committee under CISNA, a structure established under the SADC Protocol on Finance. Namakau is a Fellow of the Association of Chartered Certified Accountants (FCCA) and the Zambia Institute of Chartered Accountants (FZICA). Namakau also holds an MSc Finance (Financial Sector Management) from the University of London.