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

We are more interested in protecting late Promise’s family – NFF

first_imgRelatedPosts Ministry reads riot act to NFA, Clubs over resumption of league Super Eagles to unveil new Nike jersey in Portugal CAF, NFF celebrate Enyeama at 38 The Nigeria Football Federation says it has refrained from responding to the cacophony of falsehood and misrepresentation over its absence or otherwise at the final funeral rites of former Nigerian international, Isaac Promise, because it was most concerned with the safety and well-being of his immediate family. NFF’s Director of Communications, Ademola Olajire, reiterated on Friday that the Federation has always, is presently and will always show concern on issues that affect Nigerian players (active, retired or departed), and has without recourse to noise and grandstanding done its part for the immediate family of Promise. Olajire said: “The NFF has been in regular contact with, and has offered support to late Isaac Promise’s wife and children. When the player died in the United States of America, the NFF immediately contacted the club and we were assured of the responsibilities of the club, which included flying his remains to Nigeria. “However, some of his siblings outrightly expected the NFF to foot the entire bill of his burial, which we told them was not possible. The NFF offered to foot part of the bill for the burial but from that moment, they were not happy with the Federation.” Olajire disclosed that the NFF President, Amaju Melvin Pinnick, was also in contact with the Chairman of Imo State Sports Commission, Fan Ndubuoke, and the Chairman of the Imo State Football Association, Mazi Amanze Uchegbulam, to help make peace in the late player’s family as the siblings were at daggers drawn with his wife and children. He said: “We know what we have done and still ready to do for the immediate family without joining in the debate going on in sections of the media. “The NFF President has approved a sum of money to be paid to the immediate family and that money will be sent to his wife in the next few days.” On her part, Promise’s wife has commended the NFF for its efforts since the passing on of her husband, who captained the Nigeria U20 team to runner-up position at the FIFA U20 World Cup in The Netherlands in 2005, and was also a key member of the U23 team that won silver medal in the Men’s Football Tournament of the 2008 Olympics in China. Kate Promise expressed surprise at the negative stories in sections of the media, while confirming that the NFF President indeed mandated Ndubuoke and Uchegbulam to broker peace between her and her in-laws.Tags: Ademola OlajireCacophonyIsaac PromiseNFFlast_img read more

Mourinho hails “dear enemy” Gerrard

first_img “I tried to bring him to Chelsea, I tried to bring him to Inter (Milan), I tried to bring him to Real Madrid but he was always a dear enemy,” he said. “I want to honour him and I hope Stamford Bridge has the same feeling as I have, which is we need people like him as our opponents.” Asked whether not managing Gerrard was one of his biggest regrets, Mourinho immediately responded: “No, no. I am very happy that he didn’t (leave). “In the end I think he had an amazing career and (such) an amazing feeling with his people that he refused to play for other big clubs, he refused to play in other big leagues to play only for Liverpool. “I think this is a feeling that stays forever. Who knows, (maybe) I will play against Steven as a Liverpool manager one day.” Seeing Mourinho and Gerrard in opposing dugouts is unlikely to come any time soon, but the Portuguese suggested there is still time for it to happen with him as Chelsea boss. The 52-year-old guided Chelsea to a first Premier League title in five years last weekend and reports this week suggest a new deal is in the offing. Mourinho is halfway through the four-year contract signed on his return to the club in June 2013 and is in no hurry to sign a new one as he is not going anywhere. “I don’t need a contract,” the Portuguese said. “Mr Abramovich, in my opinion, has to be very calm because he has me. I am in his hands. “I want to stay, I don’t want to leave. I am not asking for a new contract, I am not asking for a better contract. “I am very, very calm, so he doesn’t have to be worried. He has me. If he wants me stay, I am staying. If he wants me to leave, I leave. “For next season I know already he wants me to stay because we are working for then, so I know that I am staying. “But more important than a two-year contract or 10-year contract is my desire to stay and Mr Abramovich’s desire for me to stay. “The moment he wants me to go, I go. No problem.” Chelsea manager Jose Mourinho is sad to be facing “dear enemy” Steven Gerrard for the last time and credits the Liverpool stalwart for making him a better coach. “Liverpool is Liverpool – it is a giant club,” the Portuguese said. “If they want to do that (form a guard of honour), obviously my players are going to accept that with respect. “But speaking about Liverpool and speaking about honouring the champions, this is my time to honour a champion. It is my time to honour Steve Gerrard. “It is with opponents like him that I am the manager that I am, because I learn with my players and I learn with my best opponents. “I learn with my players’ problems, my players’ doubts, my players’ qualities and I learn with my best opponent, with the problems they give me – the way they make me think, the way they make me analyse them and studying the best way to play against them. “Steven Gerrard is for sure one of my favourite enemies – an enemy with all the good feeling I can express with that word in football. “For sure, in England he is my dear enemy. For sure, he is the one that made me a better manager. To stop him or try and stop him has been very, very difficult.” Mourinho spoke in the pre-match press conference about the battles he has had over the years with Gerrard – someone he has tried to sign on more than one occasion. Press Association After 17 memorable years as a professional at Anfield, the Reds captain has just three matches remaining before starting a new chapter in Major League Soccer with Los Angeles Galaxy at the age of 34. Mourinho is sad to see the former England captain make the move Stateside and is more interested in paying tribute to the midfielder this Sunday than the guard of honour the champions are set to receive. last_img read more