Governor Ismaili participates in the International High-Level Conference on Pension System Reforms

The Governor of the Central Bank of the Republic of Kosovo (CBK), Mr. Ahmet Ismaili, participated as a panel speaker at the International Conference on “Pension System Reform in Albania,” organized in Tirana by the Financial Supervisory Authority (FSA), the Ministry of Economy, Culture, and Innovation of the Republic of Albania, in cooperation with the World Bank.

The conference was attended by leaders and high-ranking officials from international financial institutions, such as the International Monetary Fund, the World Bank, as well as representatives from pension institutions, associations, and academia. The conference proceedings were opened with introductory remarks from the World Bank’s Regional Director for the Western Balkans, the Minister of Economy, Culture, and Innovation, and the Prime Minister of the Republic of Albania.

The focus of the conference was on discussing international best practices for regulating and supervising pension systems, challenges, and reform initiatives based on global models.

Governor Ismaili participated in the panel titled “Pensions and Defined Contribution Schemes,” chaired by Mr. William Price from the World Bank, alongside Ms. Mimoza Kaçi, Executive Director of the Financial Supervisory Authority of Albania, and senior representatives from the Croatian Financial Services Supervisory Agency and the Pension Supervision Agency of North Macedonia.

During his speech, Governor Ismaili presented the Central Bank’s approach to regulating and supervising the pension sector, emphasizing the sector’s systemic importance to the country’s financial stability. Highlighting the legal and regulatory framework, he stressed the security of investments and the protection of contributors as key priorities. He also discussed potential reforms for further pension and voluntary insurance development, including digitalization, product expansion, financial education, and financial inclusion, all within a prudent and well-calibrated policy framework.

Governor Ismaili praised the excellent cooperation with supervisory and regulatory authorities in Albania and the region and thanked the organizers for this significant conference, which facilitated the exchange of experiences and global best practices in support of financial stability, sustainability, and citizens’ well-being.