Pension Protection Fund’s Alan Rubenstein joins Robeco

first_imgAlan Rubenstein, chief executive of the UK’s Pension Protection Fund, has joined the supervisory board of Robeco, according to the Dutch asset manager.Rubenstein, who joined the lifeboat scheme in 2009 after two years as head of Lehman Brothers’ Pensions Advisory Group, will chair Robeco’s investment committee and also sit on its audit and risk committee while retaining his role at the PPF.He has previously worked at Scottish Widows, BZW Asset Management and Lucas Varity Fund Management.He spent eight years at Morgan Stanley, working as its European head of pensions, before departing for Lehman Brothers two years before the bank collapsed. He was then hired in 2009 to replace Partha Dasgupta, the PPF’s second chief executive, but prior to his appointment also acted as vice-chairman of the National Association of Pension Funds, chairing the association’s investment council.In his time at the PPF, Rubenstein has put in place a plan for the lifeboat fund to be self-sufficient by 2030, worked with the NAPF to launch the Pensions Infrastructure Platform and is currently working on a new pensions insolvency model, replacing the current one based on Dun and Bradstreet scores.last_img read more

NO ACCREDITATION? Foundation hits snag after Dinagyang launching

first_img“Probably, the IFFI could have a jointventure or undertaking with an organization already accredited,” Peñaredondosuggested. * community-based and sectoral-based,with project development and implementation track record of at least one year IDFI got Treñas’ ire in January thisyear for not inviting him to the festival. It was learned yesterday that IDFI wasseeking to renew its accreditation with the city government. The SP, however,was yet to act on its application. During the Sangguniang Panlungsod’s(SP) deliberation yesterday on IFFI’s application for accreditation, citycouncilors agreed to defer taking action after Councilor Eduardo Peñaredondopointed out that the foundation may not be able to meet the accreditationguidelines. But Peñaredondo may have misunderstoodDILG Memorandum Circular No. 2019-72, a former Commission on Audit (COA) Region6 official told Panay News. Also,the former official added, “If the city government wanted to release funds tothe participating public schools, then it has to observe the guidelinesprovided in COA Circular No. 94-013.” * reliability, as evidenced by thepreparation of annual reports and conduct of annual meetings duly certified bythe board secretary of the organization ILOILO City – A day after announcingthat the city government would be allotting a P25-million assistance to theIloilo Festivals Foundation, Inc. (IFFI) that has been tapped to handle the2020 edition of Dinagyang Festival, Mayor Jerry Treñas said yesterday nogovernment fund would be released to the foundation. After learning of the SP’s decision todefer taking action on IFFI’s accreditation, Treñas said, “The foundation willnot receive any funds from the city.” Accordingto the former COA official, “the applicable guidelines insofar as accreditationof nongovernment organizations, but necessarilyto be done by sanggunian, is COA CircularNo. 2007-01 as reiterated in COA Circular No. 2012-001.” “Itbears stressing that according to Item 2.3 (of the memo), its issuance intendedto cover accreditation for purpose of representation in the local specialbodies, not for joint venture implementation of projects,” according to theformer COA official who asked not to be identified. Treñas, however, said he wouldcontinue coordinating with the IFFI so that the Local Government Code and DILGrequirements would be met. In a previous interview, Treñas saidthat as an official of the city (he was the congressman then), he should havebeen invited and that the festival should have been spared from politics. Hewas then running against the incumbent mayor, Jose Espinosa III. The Iloilo Dinagyang Foundation, Inc.(IDFI) used to be the city government’s partner in organizing the annualDinagyang but in June this year Treñas announced a new foundation would beformed to manage the festival starting this January 2020.center_img Item2.3 of the memo read: “This Memorandum Circular shall only involve theaccreditation process for civil society organizations for purpose ofrepresentation in the local special bodies.” The IFFI was organized only in Julythis year and its officers were inducted by Treñas only this Monday, Sept. 16,on the same day the mayor announced a P25-million city government assistance tothe foundation. It was during Treñas’ term as mayorfrom 2001 to 2010 that the private sector – the IDFI for that matter – wastapped asofficial managing partner of the citygovernment and the Parish of San Jose de Placer for the Dinagyang. DILG Memorandum Circular No. 2019-72released on May 22, 2019 listed the requirements for local governmentaccreditation of civil society organizations. Two of these were: Iloilo Festivals Foundation, Inc. (IFFI). IAN PAUL CORDERO/PN “The IFFI is a new organization. It isimpossible to accredit it at this time. We would all be held liable forviolating the Local Government Code and the DILG memo circular,” Peñaredondowarned fellow councilors. Peñaredondo,meanwhile, stressed that IFFI could continueoperating and “help the city of Iloilo in whatever undertaking through amemorandum of agreement, but as far as funding this organization, it isprohibited.” The city government will releaseDinagyang money directly to the participating schools and festival-relatedactivities. The city mayor apparently overlooked arequirement set by the Local Government Code and Department of Interiorand Local Government (DILG). No fund could be released to civil societyorganizations not accredited by the local government unit. In deciding to drop IDFI, Treñas saidthere were people in the foundation he could no longer work with. He also said the IDFI had no ownershipor exclusive right over the staging of Dinagyang “kay ti iya ina sang pumoluyo sang syudad.” According to Peñaredondo, the IFFIlacked track record (at least one year) and financial records required by theLocal Government Code and DILG. During the Dinagyang 2020 launching onMonday, the IFFI bared 11 festival-related activities: Iloilo Dinagyang ArtFestival (Jan. 18 to 25), Ilonggo Food Festival (Jan. 23 to 26), Miss Iloilo2020 (Jan. 24), Tambor Trumpa Martsa Musika (Jan. 24), fluvial and solemnfoot procession (Jan. 24), Floats Parade of Lights (Jan. 24), fireworksdisplay (Jan. 24), Dinagyang sa Calle Real (Jan. 25), Festive Parade SponsorsMardi Gras (Jan. 25), religious sadsad (Jan.25), and Dinagyang 360° (Jan. 26)./PNlast_img read more

I was in best of forms before Tokyo Paralympics was postponed — Powerlifter Ejike

first_imgRelatedPosts Italy introduces compulsory virus testing for travellers from France Nigeria records new COVID-19 infections, more deaths as figures rise to 57,242 COVID-19 vaccine will not be available before mid-2021 – German minister Powerlifting legend Lucy Ejike on Friday said she was physically fit and in top form before the postponed Tokyo 2020 Paralympic Games.Ejike told the News Agency of Nigeria in Abuja, following the long period of inactivity due to the coronavirus pandemic, that she was however yet to resume her gym sessions. The three-times Paralympics gold medalist said she has been training at home since the lockdown to keep fit.“I have been training at home since the lockdown and now that the lockdown is relaxed, I am still training at home and yet to resume gym sessions,” she said.Ejike however said she did not want to push herself into any vigorous training at the moment.She said: “I don’t want to do that because I have not been training consistently due to the COVID-19.“But I still know that this length of inactivity will not deter me. “In a few months time, I will get back to my peak.”The 42-year-old said she was at her best form before the lockdown in preparation for the postponed Tokyo 2020 Games.Ejike, who won a gold medal in the women’s up-to-61kg category at the World Para-Powerlifting World Cup in Abuja in February, said she was reserving her energy for the Tokyo Games.“That is where I am looking forward to breaking more records,” she said.The Paralympic Games earlier scheduled to begin in August 2020 has been postponed to August 2021 in Tokyo due to the COVID-19 pandemic. NAN.Tags: CoronavirusLucy EjikeTokyo Paralympicslast_img read more

NOMINATIONS OPEN FOR ENTERPRISING DONEGAL BUSINESS AWARDS

first_imgPAST GLORY: Michael Tunney, CEO of Donegal County Enterprise Board; Brian Sweeney of Swilly Group, Overall Award Winners 2011; Malachi Eastwood of Gartan Technologies, Overall Award Winners 2010; and Minister for Small Business John Perry TD. If you run a business employing less than 50 people in Donegal you now have a great chance to raise your profile.Nominations have just opened for this year’s Enterprising Donegal Business Awards and businesses across the county are being encouraged to submit an entry.Organised by the Donegal County Enterprise Board, the Awards are recognised as the most prestigious business awards in the County, and they generate huge publicity and business opportunities for the winning companies.Previous award winners include The Swilly Group, Gartan Technologies, DS Environmental Services and North West Aluminium. “The awards acknowledge the talent and determination of small businesses in the county. Despite the recent and current tough economic conditions, local businesses are continuing to succeed and innovate. The awards are a great way for any business to publicise their services or products, to give recognition to all those involved in the business and to celebrate our local enterprise culture in Donegal” says Michael Tunney, Chief Executive, Donegal County Enterprise Board.The County Enterprise Board supports enterprise and entrepreneurs across Donegal, providing services such as business advice, mentoring, business information, training and finance.The awards were started by the Board in 1997 as a way to highlight success stories among small businesses in Donegal and to inspire other individuals and local companies to establish new businesses in the county.The awards are aimed at small and micro businesses in Donegal and there are a number of award categories including innovation, business growth and business achievement, as well as the overall business of the year award.The winner of the business of the year award for 2011 was the Swilly Group, Irelands leading driver training, consulting and general training service provider. “Winning the award was a positive endorsement and vindication of our work over the years and of our plans for expansion. The award was major boost for all of us involved in the business” said Brian Sweeney, MD Swilly Group.The closing date for this year’s Enterprising Donegal Business Awards 2012 is Tuesday 7th February. To nominate your company, please contact Donegal County Enterprise Board on 074 9160735 or email info@donegalenterprise.ie. Alternatively, you can visit the Donegal County Enterprise Board’s website at www.donegalenterprise.ie to download an entry form.Ends. NOMINATIONS OPEN FOR ENTERPRISING DONEGAL BUSINESS AWARDS was last modified: January 27th, 2012 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:DONEGAL ENTERPRISING BUSINESS AWARDSlast_img read more