12.00-12.05pm Welcome: INSOL International & World Bank
12.05-12.25 Keynote: Damiaen Hodgkinson, Olvera Advisors, Australia
Damien will speak about his extensive experiences in Asia and South America during the financial crisis in the late 1990’s.
12.25-1.25pm Session 1: Strategies for NPL Management and Resolution in Sub-Sahara Africa
This panel will examine the NPL issue in Africa and draw from country experiences to learn strategies for reducing and managing NPLs. Tools such as private asset management companies, prudential regulation and workouts will be discussed by representatives from governments and the finance sector.
1.25-1.30pm Break
1.30-2.30pm Session 2: Distressed Asset Management
The number of distressed assets in SSA are increasing as a result of COVID-19. However, few countries in SSA have developed distress asset markets as well as tools to deal with these assets, including distressed asset funds and debt trading. This panel of distressed management experts will discuss experiences in SSA and around the world.
2.20-3.00pm Session 3: Peer-to-Peer Update
Regional updates will be provided regarding major insolvency-related developments in SSA. A special focus will be on updates related to COVID-19, new insolvency legislation, cross-border cases as well as institutional reforms.
[1] https://www.imf.org/en/Publications/Departmental-Papers-Policy-Papers/Issues/2021/06/07/Resolving-Nonperforming-Loans-in-Sub-Saharan-Africa-in-the-Aftermath-of-the-COVID-19-Crisis-50333