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OECD Insurance and Private Pensions Committee Elects New Chair

 

 

07/03/2019 - The OECD Insurance and Private Pensions Committee (IPPC) has confirmed the appointment of Mr Yoshihiro Kawai, Advisor to the Commissioner, Japan Financial Services Agency, as its Chair. The appointment is effective immediately until the end of the calendar year, renewable.

Mr. Kawai is currently professor at the University of Tokyo and the University of Kyoto, and was the Secretary General of the International Association of Insurance Supervisors (IAIS) until November 2017. He led the IAIS for 14 years, and was the Deputy Secretary General before that.

The OECD's work on insurance and private pension markets seeks to promote efficient, open, stable and sound market-oriented insurance and private pension systems, based on high levels of transparency, confidence and integrity, to support sustainable and inclusive economic growth. Mr Kawai’s experience in the insurance field will contribute in the Committee's ability to achieve these objectives. Focus areas for the Committee under Mr Kawai's chairmanship will be the development of policy guidance in areas such as cyber insurance, regulatory structures, long-term care and health, fintech, including artificial intelligence and big data, and disaster risk financing.

Greg Medcraft, Director of Financial and Enterprise Affairs at the OECD, stated: “The appointment is a reflection of the high regard with which Yoshi is held by international policy makers, through his leadership roles at the IAIS. His depth of experience in insurance markets and policy will bring important perspective to the Committee, and we look forward to his leadership as the new Chair.”

 

 

For further information, journalists are invited to contact Pamela Duffin, OECD Directorate for Financial and Enterprise Affairs, telephone +33 1 45 24 78 40.

 

For more information on OECD’s work on insurance and private pensions, please visit
www.oecd.org/finance/insurance.

 

 

Portrait of Yoshihiro Kawai, new IPPC Chair

 

 

 

 

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