
Natia Turnava, President of the National Bank of Georgia (NBG), met with the newly appointed members of the Pension Agency’s Governing Board to discuss upcoming changes in the agency’s oversight structure.
The meeting focused on the NBG’s expanded supervisory role, which will begin on May 1, 2025. Under this change, the NBG will oversee not only the Pension Agency's investment activities but also its administrative and operational functions.
Turnava emphasized the importance of ensuring a secure environment for managing Pension Agency participants' savings. She also discussed the Governing Board’s plans and strategies to navigate the transition effectively.
“As a supervisory authority, our primary goal is to ensure a secure and reliable environment for the protection and effective management of Pension Agency participants’ savings,” Turnava stated. “Today’s meeting served as an introduction to discuss the role of the newly formed board and other key aspects of supervision.”
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