Meet Our
Previous Visiting
Fellows
These are the previous Visiting Fellows for the 18th GLOPAC term, February to June 2021. Representing 10 different countries, they are the second group of Fellows who are attending the Program remotely due to concerns with the Covid-19 pandemic. We are delighted to share messages from 8 Fellows based on their agreement on posting.
Mr. Var VicheaCambodia
Non-banking Financial Services Authority (NBFSA)
DirectorLicensing and Legal Affairs Department
September to December 2021
“Attending GLOPAC Fellowship Program is a professional development opportunity.”
What was your experience like at GLOPAC?
My experience with the GLOPAC Fellowship Program is exceptional and memorable at the same time. Even this year amid the pandemic of Covid-19, the Program is being conducted online, but I am able to efficiently absorb new knowledge and practices in insurance sector in Japan and expand professional network with other Fellows.
What is the most important thing you learned?
The most important thing I learned is the supervisory approach in insurance sector.
How are you applying what you learned?
As a Director of Licensing and Legal Affairs Department of Insurance Regulator of Cambodia, I am going to use all the knowledge and information gained from the Program to implement in the policy making and regulation drafting.
What would you like to tell people who are considering applying?
GLOPAC is a life changing Fellowship Program. Go for it!
2 Minute Read
Ms. Nourhan SaeedEgypt
Financial Regulatory Authority
Senior Financial RegulatorCentral Department for Supervision and Control of Insurance companies
September to December 2021
“I highly recommend this Program for all the financial and insurance regulators.”
What was your experience like at GLOPAC?
The opportunity to be a participant in this Program is definitely unique. This Fellowship Program is special to me due to the reason that unlike other programs it is designed according to my areas of interest which helps me to expand my knowledge, explore new methods and techniques of supervision in addition to learning from the open discussions between presenters and Fellows.
The presenters have demonstrated high level of professionalism in delivering and clarifying information to the Fellows and the contents of each session are inclusive and extensive.
What is the most important thing you learned?
All the sessions were informative and beneficial for me, and the most important things that I have learned so far are the regulations that oversight the insurance market in Japan, process of the on-site inspection and off-site supervision, solvency margin ratio calculation and roles of the JFSA and other associations.
How are you applying what you learned?
After the completion of the Program, I will share what I have learned with my colleagues regarding the supervisory process, solvency margin calculations, policyholders’ protection, etc. Furthermore, I would like to make a comparison of the regulations and methods applied in Japan with what is already applied in Egypt to figure out and assess what we can include in our supervision system.
What would you like to tell people who are considering applying?
I highly recommend this Program for all the financial and insurance regulators, as it gives a comprehensive view of the Japanese insurance market, roles of the JFSA and regulations applied in Japan. Moreover, the Program offers a chance to exchange experience in a live discussion with other Fellows from different countries. The Fellowship Program helps to expand not only the technical experience and skills but also enhancing personal skills, thus I would like to urge the regulators not to hesitate and apply for this outstanding Program.
Is there anything else you would like to add?
I would like to thank the JFSA for offering this Fellowship Program and the GLOPAC secretariat for their professionalism in organizing the Program from the admission phase until now as well as their kind assistance and support during each stage. Moreover, I hope to meet all of them in person very soon.
2 Minute Read
Dr. Ravinder KaurIndia
Insurance Regulatory and Development Authority of India (IRDAI)
Assistant General Manager (AGM)Consumer Affairs Department
September to December 2021
“My experience and learning at GLOPAC will be a valuable input while framing policies in my organization.”
What was your experience like at GLOPAC?
It is very enriching and intellectually stimulating experience while interacting with other participants from different countries.
What is the most important thing you learned?
Among other things like internal control environment, Role of rating organizations is specifically worth mentioning here as special measures for protection of policyholders in Japan.
How are you applying what you learned?
My experience and learning at GLOPAC will be a valuable input while framing policies in my organization.
What would you like to tell people who are considering applying?
Highly recommended for joining.
Is there anything else you would like to add?
Physical interaction with participants would be highly desirable for such a global level program as it is being held on-line basis due to Covid-19.
2 Minute Read
Ms. RafidhaIndonesia
Indonesia Financial Services Authority (OJK)
Analyst
NBFI Supervision Department 1A
September to December 2021
“The GLOPAC Fellowship Program has given knowledge on insurance in various aspects.”
What was your experience like at GLOPAC?
The GLOPAC Fellowship Program has given knowledge on insurance in various aspects. In addition, speakers are from the FSA, regulatory agency, academic, and private companies thus completed whole point of view on the subject.
What is the most important thing you learned?
One of the essential knowledge is about categorization and types of insurance products in Japanese market, as well as the screening process of them.
How are you applying what you learned?
I would like to capture matters or points of attention on insurance products applied in Japan that could be taking into consideration and applicable to be implemented in Indonesia.
What would you like to tell people who are considering applying?
I would encourage the candidates to do so since they will gain knowledge and perspectives from Japan as one of the largest insurance market in the world.