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The Actuary The magazine of the Institute & Faculty of Actuaries
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Appointments

MERCER HUMAN RESOURCE CONSULTING has appointed Matt Farraker as a senior associate within its Retirement business. Based in Manchester, he will provide actuarial and employee benefits advice to a portfolio of clients. He joins Mercer from Aon Consulting, where he was a client manager.

Former Britannic Asset Management chief Francis Ghiloni is returning to the industry as PRUDENTIAL intermediary sales director. He will head a team of 165 sales advisers backed by a support team of 230 and will report to Prudential distribution director Andy Briggs.

MERCER HUMAN RESOURCE CONSULTING has appointed Mike Hammer as a principal within its retirement business. Based in London, he will provide actuarial and employee benefits advice to a portfolio of clients. He joins Mercer from Hewitt Bacon & Woodrow, where he was a senior consultant within its employee benefits practice.

LANE, CLARK & PEACOCK, a UK-based actuarial consultancy, has promoted Chris Helyar, head of research of fixed income managers, and James Hughes, manager of one of the London pensions actuarial teams, to partners. Mr Helyar has worked for Lane, Clark & Peacock since 1994 and moved to the investment department in 1999. He specialises in advising trustees on setting their investment strategy. Mr Hughes has been at the firm since 1995, and specialises in advising closed pension schemes. He also has a recruitment role.

SCOTTISH RE GROUP LIMITED, a global life reinsurance specialist, has announced that it has appointed David R Howell as deputy chief executive officer of the company’s international reinsurance business. In this newly created position, Mr Howell will assume responsibility for the marketing, pricing, risk management, and treaty functions of Scottish Re’s international business. The main focus of this new role will be on driving profitable business growth in Europe, Asia, and the Middle East markets. He will be based in the company’s offices in Windsor, UK. Mr Howell’s career spans over 15 years in life reinsurance and has included a diverse range of geographic responsibilities, most recently as a senior executive with Swiss Re. Since 2003, he was chief pricing officer for Swiss Re’s life reinsurance business in the Europe, Asia, and Latin America where he increased Swiss Re’s focus on helping clients manage their capital through reinsurance and implemented a rigorous pricing process.

Icki Iqbal retired from the full-time employment of Deloitte & Touche in November, although he plans to continue to support the profession and the industry in a part-time capacity.

MERCER HUMAN RESOURCE CONSULTING has appointed Bhavna Kumar as an associate within its retirement business. Based in Manchester, she will provide actuarial and employee benefits advice to a portfolio of clients. She joins Mercer from Aon Consulting, where she was a consultant within its employee benefits practice.

Ravi Rastogi is to join WATSON WYATT as a senior investment consultant in its growing investment consulting business. Ravi, who has a background in investment consulting, joins from PSolve where he was a principal and business manager, with key roles in liability-driven solutions and business development. Prior to this he worked in various financial services consulting roles including an investment consulting role at PricewaterhouseCoopers.

AXA UK has announced that Guy Stouls is to be marketing and underwriting director from 1 January 2006. He is currently chief executive of Axa’s direct insurance business.

Peter Tavner has been appointed deputy group actuary within the in-house team of Lloyd’s insurer AMLIN. He joins from the Lloyd’s market risk and reserving unit where he managed an 11-strong team in the development and delivery of the risk-based capital system to the Lloyd’s market.

GE INSURANCE SOLUTIONS, a provider of commercial insurance, reinsurance, and risk-management services, has appointed Torben Thomsen to lead its newly established continental Europe life and health division. The continental Europe life and health division is formed by the joining of several existing business units, and includes the company’s life and health offices in Copenhagen, Munich, Paris, Madrid, Milan, Athens, and Tel Aviv.

Chris Watts has joined JPMORGAN’s UK derivatives marketing and solutions team. He will be helping pension schemes and life insurance companies hedge their financial risks. Chris used to work for Barnett Waddingham in its pensions and investment consultancy team.

Maurice Whyms has been named new chief executive of MERCER HUMAN RESOURCE CONSULTING, Ireland’s largest benefit and actuarial consultancy. He succeeds Paul O’Faherty, who has been appointed chairman of the Mercer group in Ireland and European business leader for HR services.