Governor Ismaili received the Board of the Kosovo Pension Savings Trust in a meeting

The Governor of the Central Bank of the Republic of Kosovo (CBK), Mr. Ahmet Ismaili, together with the Deputy Governor for Financial Supervision, Mr. Milot Cakaj, and his associates, met with the members of the Board of the Kosovo Pension Savings Trust (KPST), led by the Chairman of the Board, Mr. Emanuel Bajra, accompanied by the Managing Director, Mr. Adrian Zalli.

The Chairman of KPST’s Board informed Governor Ismaili about activities and developments at KPST, noting that the Board now has a full composition, and the need to analyse legislative and governance changes that have arisen from recent developments. He also presented the KPST’s perspectives regarding global market trends, expectations, and the strategy they are pursuing to ensure the sustainability of investments in accordance with legal objectives.

On the other hand, Governor Ismaili informed KPST’s leadership on key developments in the financial sector, the reforms undertaken by the CBK to advance the regulatory and supervisory framework, emphasizing the stability and good performance of the financial sector, as well as legislative initiatives for financial inclusion, access to finance, and financial education. He highlighted the need for a cautious approach and effective decision-making in times of various global and geopolitical turmoil.

During this meeting, discussions also covered the possibilities of reviewing regulatory and supervisory reforms across the entire financial sector, and advancing the KPST’s regulatory framework and the pension sector in general through technical working groups, following best international practices.

The systemic importance of KPST and the protection of contributors’ interests require a careful approach and continuous institutional cooperation in accordance with legal responsibilities, contributing to the stability of the financial sector and the economy in general.