In a bid to strengthen the indigenous credit rating sub-sector, Nigeria’s technology-driven credit rating agency, DataPro, will host the 2022 annual international credit rating webinar in Lagos via zoom on Thursday.
Themed “Boosting Infrastructural Development through Pension Fund Investment: The Role of Credit Rating Agencies”, the webinar is aimed at analysing the role of CRAs in the efficient allocation of resources within the capital market and national economy.
A statement by the CRA said the annual webinar series by DataPro was conceptualised to increase the awareness and knowledge among Nigerians on the value propositions of credit raters in accelerating economic development, efficient allocation of resources and promoting a shift towards a credit economy with financial opportunities for everybody.
The statement read in part, “The 2022 edition of the event focuses on pension funds given the fast-growing amount of Pension Funds available for investment which has led to an increasing shift in conversations and concerns on how operators can effectively manage the assets in the interest of the ultimate beneficiaries. Despite the recent review of the Pension Law Fund allocation to allow for a broader range of investments, Pension Fund Administrators continue to make only limited allocation to infrastructure developments.”
According to the firm, a financial markets, institutions and risk management professor in Italy, Marco Giorgino, will deliver the keynote speech titled, “The Reshaping of the Financial Industry: The Major role of FinTech and Data for Rating.”
Giorgino is rated an authority in global risk management, corporate finance, and corporate & investment banking.
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