BPOPF Supports Local Economy
Pauline Dikuelo | Monday April 10, 2017 13:30
Chairperson, Carter Morupisi revealed this recently during the launch of the Fund’s new corporate identity, adding that they are passionate about advocating for citizen empowerment.
“We are working actively with Government to facilitate the growth of SME’s citizen-owned initiatives and companies to encourage the future development and contributions in the country,” he said.
The Hilton hotel project is one of the few projects under the fund’s wing, which the chairperson said that he hoped will contribute to the country’s economy and the tourism sector in particular.
According to Morupisi, they would like to emulate other best in class pension funds in areas such as optional costs per member and accurate member data.
On her part, the fund’s CEO, Boitumelo Molefe said that they found it fitting to create an identity that speaks to the strategic direction that the fund is moving into.
“The process of rebranding takes into consideration the entire organisation and the way it is experienced by its members and stakeholders. The logo is an extension of Botswana’s rich heritage, pride and legacy inspired by BPOPF mandate to secure dignified retirement for Botswana’s public officers,” she said.
In addition she said that during the fund’s rebranding process, they have had a long look at who they are as an organisation and what they stand for, describing it as an organisational soul-searching exercise.
She said that they have renewed their commitment to their members and are enthusiastic about improving their experience of the fund.
“We are in the process of ensuring that our data integrity is of a high quality so that all our pensioners continue to have a dignified post career life and so that we deliver efficient fund administration service to our members,” she said.
Molefe also noted that their strategy also includes driving long-term returns, ensuring that their investment strategy gives them yields that are above their stipulated benchmarks.
Further, she said that recent implementation of their strategy to in source the fund administration mandate precipitated the need to restructure the organisation adding that the changes has their own set of challenges.