The Association of Consulting Actuaries has elected Keith Barton FIA, as its new chairman. Mr Barton joined consulting actuaries Hewitt Associates 30 years ago and is one of their most experienced and senior actuaries. Mr Barton is the scheme actuary to a number of large pension plans and is chairman of the trustees of the company's own pension fund. Taking office on 1 June 2008, Mr Barton succeeds Ian Farr of Watson Wyatt.
Reliance Mutual Insurance Society Limited has appointed Seamus Creedon as its new chairman. Mr Creedon joined the board as a nonexecutive director in March and succeeds Paul Oldham, who retires after having served 15 years as a non-executive director and seven years as its chairman. A former news editor of The Actuary, Mr Creedon was until recently a partner at KPMG, where he led the UK actuarial practice from 2000 to 2003 and was its global deputy leader. More recently, Mr Creedon advised the Irish government on competition issues in its health insurance market.
The Financial Reporting Council, the UK's independent regulator responsible for promoting confidence in corporate reporting and governance, has announced the appointment of Louise Pryor as its director of actuarial standards. Ms Pryor will join the Board for Actuarial Standards to lead its challenging programme of transition from the guidance notes adopted in 2006 to the new technical actuarial standards issued by BAS; she will also become a member of the FRC's senior management team.
At the ACA's recent AGM, Stuart Southall (Punter, Southall & Co) was re-elected as honorary treasurer and Andrew Vaughan (Mercer) was elected honorary secretary. The other ACA Main Committee Members elected for 2008-2009 are: Ian Farr (immediate past chairman from 1 June, Watson Wyatt); Andrew Claringbold (Aon); Jeremy Dell (Lane Clark & Peacock); Mark Duke (Towers Perrin); David Fairs (KPMG); Mark Harris (Pricewaterhouse- Coopers); Graeme Muir (Barnett Waddingham); Crawford Taylor (Hymans Robertson) and Phil Wadsworth (Jardine Lloyd Thompson). David Hutchins has joined asset manager AllianceBernstein as director of its institutional investment solutions business. In his new role, Mr Hutchins takes on the responsibility of developing and delivering robust solutions to the firm's clients. Mr Hutchins joins AllianceBernstein with 15 years' industry experience, having worked previously on capital markets solutions at UBS Investment Bank and as a scheme actuary with Mercer.
KPMG has appointed Tim Roff as its head of insurance risk and actuarial services for KPMG Europe, responsible for growing and developing the company's insurance risk and actuarial practice on a pan-European basis. Mr Roff will be based in London and will report directly to Jörg Hashagen, head of financial services advisory for KPMG Europe. Mr Roff joins KPMG from Ernst & Young, where he held positions as both the global and UK actuarial leader. Prior to his employment at Ernst & Young, Mr Roff was a principal of Tillinghast-Towers Perrin.
Hymans Robertson has announced the appointment of Rob Harper as an equity partner. Currently engaged in his role as the head of trustee services, Mr Harper is also the head of Hymans Robertson's Birmingham office, where he has overseen a period of significant growth.
Heath Lambert Consulting, part of Heath Lambert Group, has recruited Nigel Bankhead to lead its actuarial consulting practice and Sean Elliott as a member of the actuarial team. Mr Bankhead has held the role of director of actuarial standards for the Financial Reporting Council previously, as well as head of actuarial and benefits consulting at Aon. Mr Elliott worked previously for SBJ Benefits Consultants.
Aon Consulting has expanded its Investment Consulting Practice into Bristol and appointed Sarah Zambonini to drive business growth. Formerly with Mercer, Ms Zambonini has been brought on board to spearhead Aon's ICP Bristol office, as well as support the firm's Birmingham office.
Ernst & Young has recruited eighteen members of the Institute and Faculty to its Pensions Advisory team in recent months. Joining at partner level are Terry Simmons from PricewaterhouseCoopers (PwC) and Iain Brown from Aon Consulting. Joining at director level is Christopher Bown from PwC. Joining at senior manager level are Jeffrey Calvert from Capita Hartshead and Steve Humphrys from Hewitt. Joining at manager level are Clare Abrahams from Towers Perrin, James Chemirmir from Lane Clark & Peacock, Tim Khin from KPMG, Emma Morton from Deloitte, Asmi Shah from Mercer and Philip Wheeler from CPRM Limited. Joining at executive level are Heather Buttle from Alexander Forbes, Angela Gough from Deloitte and Christian Maleedy from Aon Consulting. Joining at associate level are Russ Bowdrey, Robert Heaton, Rupert Perrier and John Verdon. Terry Simmons, lead partner for the Ernst & Young Pensions Advisory team, said that the appointments were due to phenomenal growth since launching the team in October and that expansion was due to continue in London and with the set-up of a new team in the North of England.
Jug Parmar, has been appointed as the head of actuarial services for Munich Re India Services in Mumbai, where he will be responsible for the Indian, Sri Lankan, Bangladeshi and Nepalese markets. Previously, Mr Parmar worked for Munich Re's UK life office.
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