Stanbic Bank Botswana Promotes inclusive growth through Botswana Pension Society Conference

2019-02-22 00:00:00.0

Stanbic Bank Botswana promotes inclusive growth through Botswana Pension Society Conference                                                                                                                                                                                                                                  In a continued effort to promote inclusive growth, Stanbic Bank Botswana will once again sponsor the annual Botswana Pension Society (BPS) Conference, a platform for dialogue and positive action for the enhancement of the industry. The Conference is particularly relevant to Stanbic Bank’s Corporate and Investment Banking (CIB) portfolio, through which the Bank offers a variety of Investor Services including Custodial and Trustee services. Custodial services are imperative for safeguarding financial assets of pension funds and other institutional investors. This year, the Conference will be held at Cresta Maun Hotel on the 25th and 26th of February 2019.

In addition to sponsoring the Conference, Stanbic Bank is an active participant through address by Stanbic Bank Botswana Head of Compliance, Shathani Molefe. Molefe’s focus is on Ethics and Compliance.

Sheperd Aisam, Head of Corporate and Investment Banking remarked, “We are delighted to be a part of the BPS Conference. This platform affords us the opportunity to engage with other industry players and seek solutions that make a real difference in the lives of Batswana. As a trusted partner, Stanbic Bank offers a custodial and related services which are imperative for safeguarding financial assets of pension funds and other institutional investors and preserving client wealth by managing operational, compliance and regulatory risks. We grant institutional investors access to financial markets locally and across the glove and support all investment activities and decisions to ensure asset protection and peace of mind for clients.”

The Bank’s Investor Services is a leading provider of custodial services and a significant player in the market across all client segments. As the oldest and most experienced custody provider in Botswana, with 24 years of experience and a clear track record for unwavering commitment towards development of the local pension fund industry and capital market, the bank has been a recipient of many accolades. These include Global Custodian Agent Bank Frontier Markers Survey 2017 & 2018, Global Investor Sub Custody Survey 2017 & 2018 and last but not least, AFAC Custodian Survey 2013 – 2017 respectively.

The BPS is an independent, non-profit organisation that promotes retirement planning to members of retirement funds and the general public. It is overseen by a Management Committee comprising of industry stakeholders engaged in the management of retirement funds. Some examples of these industry experts include but are not limited to, asset managers, consultants, actuarial and audit firms, as well as specialists in the industry.

Concluded Aisam, “As a service provider we are grateful for an opportunity to continue to engage with retirement fund trustees and being able to speak to issues that affect the industry while offering our expertise on how we can resolve them. We are confident that the conference will be a success.”   

This is the 5th time Stanbic Bank has sponsored the annual Conference.


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