CIFA Annual General Meeting

On 27 May, Maryna Chernenko, Managing Director of UFG Capital, attended CIFA Annual General Meeting. CIFA is the Association of professionals, businesses and organizations offering services and being involved in the Investment Funds Sector in Cyprus. This event was especially significant for us, because this year the association celebrates its 10th anniversary.

With CIFA’s representatives we evaluated the results of the industry as it has developed from not meek companies to more than 400 members now. The conference started with a welcoming speech by the President of CIFA that investments are especially important for the sustainable development of the Cypriot economy and more than 20% of the assets of Investment Funds or capital exceeding 2.5 billion euros have been invested in various sectors of the national economy.

“I’m glad I attended the Meeting this year, because it is critically important for our company as an industry participant. Thanks to such events, we can keep abreast, as well as communicate with other industry participants, establishing contacts for the joint development of Cyprus as an investment-friendly jurisdiction” – stated Maryna Chernenko, Managing Director of UFG Capital.