Debswana Pension Fund (DPF) is the largest private pension fund in Botswana and a major player in the retirement services industry, with assets valued at BWP 12,256 billion and a total membership of 12,503, comprising of active, deferred, and pensioner members.
DPF is a pension fund secretariat to the De Beers group of companies, namely: Debswana Diamond Company (Debswana), Diamond Trading Company Botswana (DTCB), De Beers Holdings Botswana (DBHB), Morupule Coal Mine (MCM), De Beers Global Sightholder Sales (DBGSS), DPF and recently Mmila Fund Administrators (DPF’s subsidiary company).
The Fund currently has a staff complement of eleven, with four main business functions: Strategy and Business Development, Finance, Legal, Risk and Compliance, and Investments. The Internal Audit and Information Management support is outsourced to Debswana Diamond Company, whilst the Assets Management function, Actuarial Services, and Investment Consultancy are outsourced to various asset managers and consultants locally and globally.