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Pension reform is important for Armenia, Pashinyan says

May 21, 2019
in Markets & Economy, Mobile Home
0
Pension reform is important for Armenia, Pashinyan says

YEREVAN, May 21. /ARKA/. Armenian Prime Minister Nikol Pashinyan received today a delegation led by Bernard de Wit, head of Amundi’s Business Monitoring and Control Division, the main shareholder of Amundi-ACBA Asset Management, one of the two private pension fund managing companies in Armenia.

Welcoming the guests, Pashinyan said that pension reforms are important for Armenia, and this meeting is a good opportunity to discuss expansion of cooperation.

He stressed that the government is interested in developing relations with partners involved in this process, including Amundi-ACBA Asset Management, which is important for  the successful implementation of pension reforms, as well as for raising public awareness about the funded pension system.

De Wit said that the company effectively cooperates with representatives of the government and the Central Bank of Armenia.

The interlocutors discussed some issues related to  effective implementation of the economic, social and financial component of the pension reforms. In particular, the parties spoke about  the development of the capital market and  raising public awareness.

Amundy-ACBA ASSET MANAGEMENT was founded by the French company AMUNDI ASSET MANAGEMENT together with ACBA-CREDIT AGRICOLE BANK. Amundi controls 51 percent of the company’s stake; the rest is controlled by ACBA-CREDIT AGRICOLE BANK.

AMUNDI ASSET MANAGEMENT manages 1.476 trillion euros of assets across six investment hubs.
The company is represented in 37 countries and employs more than 4,500 people and has a global client base of over 100 million retail, institutional and corporate clients.

AMUNDI is the largest asset management company in Europe in terms of the size of assets and its share in the world. It is among the top ten asset management companies in the world http://about.amundi.com/.

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