#4  Infrastructure Sessional 2

Risk management & regulation in institutional infrastructure investing at project & institution level – The impact of Basel, Solvency & SAM Regulations & how they can allow for infrastructure assets
Given by: Niel Fourie - ASSA Public Policy Actuary, David Kirk - ASSA Life Insurance Committee & Michael Tichareva - ASSA Banking Committee

Niel Fourie
• ASSA Public Policy Actuary (since 2012)
• Responsible for stakeholder engagement, PR & various ASSA technical committees
• Consulting actuary and registered pension fund valuator
• Director – ZAQ Finance
• Fellow of the Actuarial Society of South Africa (FASSA)
• Chartered Enterprise Risk Actuary (CERA)

David Kirk
• Actuary specialising in risk and capital management, regulatory change & insurance strategy
• Member of ASSA’s Life Assurance Committee and chair of the Micro-insurance Committee.
• Fellow of the Actuarial Society of South Africa (FASSA), CFA Charterholder, Chartered Alternative Investment Analyst (CAIA), Professional Risk Manager (PRM).
• Current research areas including insurance linked securities, market and liquidity risk management for annuity books, and hyper selection.

Michael Tichareva
• Managing Director and Principal of National Standard Finance Africa
• Over 20 years’ financial experience
• involved in the origination and structuring of various infrastructure, project finance and real estate across Africa.
• Also involved in renewable energy and low-cost housing development insurance and financing initiatives
• Former Chair - ASSA Banking Committee
• Current Chair of the recently established Banking Working Group of the International Actuarial Association (“IAA”).
• Fellow of the Actuarial Society of South Africa (FASSA) and a Fellow of the Institute & Faculty of Actuaries (FIA) (UK)