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Reserve Bank of Malawi governor to grace insurance conference

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Reserve Bank of Malawi, Dalitso Kabambe, is expected to deliver a keynote address during the 2017 Insurance Annual Conference slated for Mangochi from August 17 to 19.

Chairperson for the organising committee of the annual conference, Chimwemwe Kanyenda, disclosed this in an interview on Saturday.

Kanyenda said consistent with the provisions of Section 8 (2) of the Financial Services Act 2010, the governor of the Reserve Bank is the Registrar of Financial Institutions, adding that insurance/reinsurance companies, insurance brokers, loss adjusters and insurance agents fall within his regulatory jurisdiction.

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Kanyenda said Kabambe will provide an informed perspective on the challenges faced in the insurance market and the regulatory interventions being developed to support the insurance industry for the market players to add value to their customers.

“He will also give his unique insight into the current trends and innovative developments that we are seeing across the industry,” Kabambe said.

He added that the meeting will also bring together a galaxy of other local and international speakers.

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“Other notable speakers to address the delegates include former managing director of Old Mutual Malawi and Old Mutual Ghana, Chris Kapanga, Mark Greenwood, International Director, Chartered Insurance Institute and Michael Duncan of Marsh Africa,” Kanyenda said.

The conference will be held under the theme Business Unussual.

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