Representatives of the KPST meet with the Governor of the CBK

The Chairperson of the Governing Board of KPST, Mr. Emanuel Bajra, accompanied by members of the Governing Board and the Managing Director, was received for a meeting by the Governor of the Central Bank of Kosovo (CBK), Mr. Ahmet Ismaili, accompanied by the Deputy Governor for Financial Supervision and his associates.

Mr. Bajra informed the Governor about the current situation at KPST, the full composition of the Governing Board, as well as the need to analyze legislative and governance changes to better adapt to current developments. He also provided information on KPST’s perspectives regarding the current state of global financial markets, possible expectations, and the strategy KPST is following in the investment sector to ensure the sustainability of investments in line with legal objectives.

On the other hand, Governor Ismaili informed the KPST leadership about the main developments in the financial sector, the reforms undertaken by the CBK in advancing the regulatory and supervisory framework, emphasizing the stability and good performance of the financial sector, as well as legal 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 turbulence.

During this meeting, the possibilities of considering aspects of regulatory and supervisory reform across the entire financial sector, as well as advancing the regulatory framework for KPST and the pension sector in general, through technical working groups, were also discussed, following best international practices.

It was a mutual appreciation that the systemic importance of KPST and the protection of contributors’ interests require a careful approach and continuous institutional cooperation in accordance with legal responsibilities, to contribute to the stability of the financial sector and the economy as a whole.