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Young Africa – 16/02/18 –
Previously focused on financial products, the pension fund strategy now includes equity investments in large groups
In Abidjan, many projects looking for funding who would like to find a place on the office of Charles < br>
«In the past, our strategy was focused on term deposits (DAT). We reoriented it by deciding to make the funds grow in the investments, «said Charles Kouassi, the general manager of CNPS, who in thirty years has risen through the ranks of the fund of
Multiplying the funding
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As a PIC, CNPS has taken stakes in several companies like those it holds in Eranove since June
This ambitious investment policy was born thanks to to the reforms initiated by the government in 2012
The last transaction of CNPS is the entry, in November 2017, in the round table of the construction project of the hotel Mövenpick of 160 rooms in Abidjan, estimated at 38 billion F CFA (58 million euros).
Growing sector
In this operation, the institution headed by Charles Kouassi is the second largest
This ambitious investment policy has seen the day thanks to the reforms initiated by the government in 2012, pushing the retirement age from 55 to 60 years and increasing contributions from 8% to 14% of the amount of the
Objective: 10 million In parallel with these investments, the pension fund devotes an annual budget of FCFA 30 billion to purchases of Ivorian treasury products such as vouchers and vouchers Hermes Replica Handbags.