Wednesday, March 16, 2016

Pension Board Committee Chair asks SG to help RSG resolve "high operational risk" for the Fund; Mr. Takasu gives assurances, March 16, 2016

On 11 February 2016, the Acting Chair of the Pension Board Assets and Liabilities Monitoring Committee, Ms. Theresa Panuccio,  wrote to the SG about a "management issue which has a very high operational risk for the Pension Fund and its beneficiaries...". On 17 February 2016, USG for Management, Yukio Takasu, responded on behalf of the SG, giving assurances "that the the necessary guidance and assistance will continue to be accorded to the RSG to assist her to urgently finalize the recruitment of these critical vacancies."

Read both letters below:

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