Lichtenberger leaves Commission’s pensions unit after seven years

first_imgJung-Duk Lichtenberger, co-author of the White Paper on Pensions, is to leave the European Commission’s insurance and pensions unit after seven years.Lichtenberger will remain within the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA), overseen by commissioner Jonathan Hill, but take over the currently vacant post of deputy head of the Capital Markets Union (CMU) unit.In an internal email seen by IPE, Lichtenberger said: “After having worked for more than seven years on developing the Single Market for pension funds, it is my time to move on. I look forward to staying in touch and to continue working on exciting projects.”Lichtenberger will move to the unit responsible for the development of the CMU next week. He will report to CMU unit head Niall Bohan, who was in charge of the asset management division within the now-defunct Directorate-General for Internal Market and Services (DG MARKT) during José Manuel Barroso’s presidency.Bohan moved to take charge of the new unit when the CMU policy was unveiled in 2014 by current president Jean-Claude Juncker.Although the CMU unit will be a departure from pensions, it is still likely to deal with pension matters, as Hill previously identified the “underdeveloped” nature of the personal pensions market as a hurdle to the project’s success.To that end, the European Insurance and Occupational Pensions Authority this week published a consultation on a new pan-European personal pension regime.Prior to joining the Commission, Lichtenberger worked for the European Central Bank, writing research papers for the institution.He studied at the University of Hull and the University of Warwick, both in the UK, and the Ecole Supérieure de Commerce de Reims in France.During his time at DG MARKT, he authored the 2012 White Paper on Pensions and was more recently involved in the revised version of the IORP Directive.At the time, the White Paper backed the idea of a level playing field between insurers and pension funds.Lichtenberger has since seemingly distanced himself from the idea, telling a conference earlier this year that there were “no plans to introduce Solvency II [for pension funds] through the back-door”, casting doubt on Hill’s returning to the matter in the foreseeable future after it was abandoned by predecessor Michel Barnier in 2013.last_img read more

Bobsleigh Star Seun Adigun Joins Fight against Malaria

first_imgThe former Nigerian sprinter Adigun is part of the new team of global influencers who are joining with youth champions behind the “Zero Malaria Starts with Me” campaign to inspire awareness and action on this World Mosquito DaySpeaking during an event to commemorate the World Malaria Day, CEO of the RBM Partnership to End Malaria, Dr Abdourahmane Diallo, said malaria does not stop devastating lives during health emergencies and still kills a child every two minutes, adding, “Indeed, experiences from the Ebola outbreak in West Africa show it can resurge in times of crisis with immediate and deadly consequences. Covid-19 has exposed weaknesses in health systems around the world and, with lives at risk and resources increasingly stretched; long-term malaria investment alongside short-term Covid-19 response is essential, smart, and cost-effective.”To shine a spotlight on the vital importance of sustaining malaria efforts during the Covid-19 pandemic, the Bigger Picture campaign, launched recently, featured Eliud Kipchoge, Siya Kolisi, Saray Khumalo, Luis Figo, and Seun Adigun.The stars filmed themselves wearing a face mask whilst talking about the vital importance of tackling malaria and saving more lives during the pandemic, creating a striking image of Covid-19  and malaria together – a visual representation of seeing the Bigger Picture.Malaria is one of the world’s oldest and deadliest diseases, transmitted by mosquitoes, which still kills an average of over 400,000 people annually – over 90 per cent of them in Africa. An estimated 228 million long-lasting insecticidal nets (LLINs) were due to be delivered across Sub-Saharan Africa this year – more than ever before – but severe disruptions to life-saving net campaigns and limited access to antimalarial medicines as a result of Covid-19 could potentially result in a doubling of the number of malaria deaths in the region compared to 2018, according to recent modelling analyses by the World Health Organization (WHO) and Imperial College, London.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram By Mary NnahAgainst the backdrop of the global pandemic, leading athletes from Africa and beyond, including Kenyan world-record-holding marathon runner Eliud Kipchoge, World Cup-winning South African rugby captain Siya Kolisi, top female South African explorer Saray Khumalo, veteran international footballer Luis Figo, and founder of the first-ever Nigerian bobsleigh team, Seun Adigun, are urging people to ‘see the bigger picture’ by tackling Covid-19 and malaria together to save more lives.Adigun, Ngozi Onwumere and Akuoma Omeoga were the three women who put Nigeria down in history as Africa’s first bobsleigh team at the last Winter Olympics in Korea.last_img read more