Vote for Honorary Fellows now Fellows and Associates were recently notified of their opportunity to vote in the Honorary Fellow elections. Honorary Fellows are a valued section of our membership and bring a wealth of expertise to the IFoA. We encourage members to exercise their vote in recognising the contribution of the six outstanding individuals proposed to be invited to join the IFoA as Honorary Fellows. The nominees this year are: ● Professor Wai-Sum Chan, professor of finance at the Chinese University of Hong Kong. In a distinguished career in actuarial science he has published research in leading actuarial and statistical journals. ● Dr Peter England. Regarded as a worldwide expert on stochastic reserving techniques, he has authored a number of important research papers and served the IFoA for many years on GIRO and research committees.
● Professor Karel Van Hulle, former head of
LCP’s Morrison named as IFoA president-elect
ethical standards. She is also a court assistant of the Worshipful Company of Actuaries. Morrison said: “I feel honoured and privileged to be given this opportunity by the Council. I look forward to working with our members across the globe to ensure that we continue to meet their professional needs, and maintain our reputation as a highquality, public-interest professional body.”
Fiona Morrison (pictured below), partner at Lane Clark & Peacock, has been elected as the next president-elect of the IFoA. She will take up the post in June 2014, when Nick Salter takes over the presidency from David Hare. She will then assume the role of president in June 2015. Morrison has been an active volunteer with the IFoA for many years, holding positions on Council and the Regulation Board, which is responsible for the IFoA’s professional and
insurance and pensions at the European Commission, now lectures at KU Leuven in Belgium and the Goethe University, Frankfurt. He is an academic member of the Insurance and Reinsurance Stakeholder Group of EIOPA and has played a key role in regulatory development in Europe. ● Professor Carol Jagger, AXA Chair in Epidemiology of Ageing at Newcastle University’s Institute for Ageing and Health. With a research interest in healthy life expectancy and other aspects of later life, she has served the IFoA for some years on the Mortality Research Steering Committee and through various other activities for the IFoA. ● Sir Philip Mawer, former chair of the IFoA’s Professional Regulation Executive Committee (PREC), now known as the Regulation Board. He was instrumental in the IFoA implementing
many of the regulatory projects that followed the Morris Review and overhauling the IFoA’s regulatory function, which was key to the long-term credibility of the IFoA. ● Professor Hailiang Yang, from the Department of Statistics and Actuarial Science at the University of Hong Kong. He has an eminent international academic record with a range of published actuarial research papers. Council strongly recommends a vote in favour of all of these nominees. Fellows and Associates will have received an email directly from the Electoral Reform Services with their access code for voting. It is therefore imperative (as with all elections, including Council appointments) that your contact details on the members’ section of the IFoA website are up to date. The vote closes at midnight on 11 May. Further details can be found on the IFoA’s website www.actuaries.org.uk
Joint WCA project supports actuarial education in Ghana Ian Rogers (pictured with students) of Aon Hewitt recently returned from Ghana, having taken part in the joint Worshipful Company of Actuaries (WCA) and IFoA project to support actuarial education in the country. The project provides volunteer lecturers to deliver sections of the programme for the MSc in Actuarial Science at the Kwame Nkrumah University of Science and Technology. The course is primarily distance learning, with video lectures and face-to-face sessions at weekends. The WCA and IFoA have been supporting the programme since 2013, and are grateful to the volunteers’ employers for meeting a share of the costs. More volunteers are visiting Ghana over the next few months and the project will need more volunteers in future. To get involved in the Ghana project, please contact neil.hilary@actuaries.org.uk
Spotlight on longevity Don’t miss the longevity exhibition at the Royal Society, which runs until 26 June. Entitled ‘Life Beyond Measure: A Short History of Longevity’, it presents books and manuscripts from the Royal Society and the IFoA. The exhibition casts a spotlight on longevity, looking at what and who has contributed historically to the extended lives we lead, the impact that living longer has on all aspects of our society and a consideration of what the future might hold. The exhibition is free and open on weekdays. For more details, or to book your place, go to bit.ly/Q7fZM5
May 2014 • THE ACTUARY www.theactuary.com
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