Natia Turnava, the Acting Governor of the National Bank of Georgia, participated in the event presenting the investment results of the Pension Agency. The meeting was opened by Giorgi Chichinadze, the Acting Director of the Pension Agency, who reviewed the agency's work process, achievements, and events over the past years.

In her speech, Natia Turnava emphasized that the success of the pension fund is indicated not only by the numbers but also by the trust that the pension system has gained among the population. "I am pleased that the National Bank of Georgia has made a significant contribution to building high confidence in the pension system. The success of the pension system, especially in Georgia, is rooted in trust," noted Natia Turnava.

According to the Pension Agency, pension assets have significantly increased over the past five years, reaching 4.8 billion GEL as of March 31, 2024, which is equivalent to 5.8% of Georgia's GDP. This growth is attributed to net contributions and wise investment decisions.

Natia Turnava highlighted that the pension agency's resources not only contribute to increasing pension income for the population but also play an essential role in enhancing Georgia's macroeconomic stability and fostering the development of the capital market.

"The Pension Agency, as the largest institutional investor in the capital market, primarily invests in instruments denominated in GEL. Together with the executive authorities, we intend to actively collaborate on developing the capital market as an alternative source of financing. We plan to create GEL-denominated instruments that will be appealing to the Pension Agency," stated Natia Turnava.

Natia Turnava also mentioned plans to expand the Pension Agency's supervision mandate to further increase trust. "Our team has solid plans and maintains constant communication with the Board of Investments. We believe that through legislative refinement, we can expand our supervisory mandate to view the Pension Agency as a corporate structure. Our enhanced supervision will encompass additional areas such as operational risks and cybersecurity. This approach will further sustain trust in our operations," stated Natia Turnava.

The event aimed to inform the general public about the investment results of the Pension Agency from its establishment until now. Panel discussions were held, featuring David Abesadze, Head of the NBG’s Securities Market Supervision Department, among others.