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The Actuary The magazine of the Institute & Faculty of Actuaries

Derek Cribb confirmed as Institute and Faculty CEO

Mr Cribb is a chartered accountant with broad experience, having carried out a range of strategy, operations, and financial roles. He has worked in a wide variety of businesses in the commercial and not for profit sectors, including professional and financial services and outsourcing.

His previous positions have included interim chief operating officer of the Pension Protection Fund, interim finance and operations director of Navigant Consulting Inc and chief financial officer, UK Customers and Products of Barclays plc.

Jane Curtis, President of the Institute and Faculty, said: "We are very pleased to announce Derek's appointment which follows an extensive external selection process.

"In the time he has been with the Profession, Derek has already made a significant difference, leading a successful restructure of the Executive team to create an organisation that is more effectively focussed on supporting our members. Earlier this year we launched a new strategy for the Profession and I am confident that Derek, with his drive and experience, is just the person to help us make great progress in achieving our objectives in the years ahead."

Mr Cribb added: "I'm delighted to be taking on this role and I look forward to continuing to work with Council and Management Board members, senior volunteers and the Executive team to deliver an organisation that provides truly first class services for our members, wherever they are in the world.

"I'm also looking forward to playing my part in helping to raise the profile of the Profession and in working with our members to take our educational and regulatory approaches forward, reinforcing our commitment to the highest standards as we continue to serve the public interest."