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The Actuary The magazine of the Institute & Faculty of Actuaries

Appointments and moves

Troubled reinsurer Converium, which was spun off from Zurich Financial Services some years ago, has announced that Terry Clarke is to be joint managing director.

KPMG has announced that Noanie Condon and Clayton Balkind have joined its life actuarial practice in London. Both were previously with Ernst & Young.James Hillman is to run Ernst & Young’s new life actuarial practice in Edinburgh. He has moved to Edinburgh and will be the first of six actuaries in the unit this year, rising to ten next year and eventually to 20.Aegon UK has appointed a new chief executive and chief financial officer. Mark Laidlaw will take over from Otto Thoresen after it was announced Mr Thoresen was moving to the position of chief executive.

Standard Life has announced that Michael Leahy is to move from Edinburgh to take over the leadership of its business in Ireland. Mr Leahy was born in Cork and has worked in the UK and Germany after starting his career in Dublin, and going on to actuarial studies in Edinburgh.

HSBC Actuaries & Consultants has expanded its team with the appointment of Jonathan Sarkar as actuarial director. Mr Sarkar will act as appointed scheme actuary and consultant to a number of HSBC’s clients. He will also assume responsibility for the day-to-day management of the London team, and will be involved in new business development. He has joined HSBC Actuaries & Consultants after 15 years with Mercer Human Resource Consulting, where he was a European partner.

Reinsurance and speciality business intermediary Carvill has appointed Mark Verheyen to its reinsurace advisory team as vice-president. Mr Verheyen, a fellow of the Casualty Actuarial Society and member of the American Academy of Actuaries, joins the team from Ernst & Young where he was a managing consultant participating on consulting projects. Prior to that, he worked at CNA Re for ten years.

The Tillinghast business of Towers Perrin has announced two new principals in its software solutions business who are based in the UK Tillinghast office. Martin Sher, managing principal, will be responsible for marketing, sales and business development for the practice, and Tim Thornham, as principal, will specialise in European-wide MoSes solutions implementation.


Raymond Hansell Daw died on 10 July 2003, aged 91. He became a fellow of the Institute in 1942.George Holland Butcher died on 14 August 2004, aged 92. He became a fellow of the Institute in 1949.