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The Actuary The magazine of the Institute & Faculty of Actuaries

End of term

June is so swiftly upon us and marks an historic moment for the Profession. Ronnie Bowie is serving his final month as first president of the Institute and Faculty of Actuaries and Jane Curtis, our first female president, takes over in July. In this issue, Ronnie not only delivers his final president’s comment but also shares his reflections on an eventful term of office. Best wishes to Ronnie as he takes on the role of immediate past president.

From our student page, Stephen Paines bids us farewell with his parting column and a lyrical tribute to the actuarial student. Thank you to Stephen for an excellent tenure on the editorial team and best of luck to him and Caroline in their newly married life. We welcome Matthew Welsh whose name some may recognise as he has already penned a column or two for the magazine.

In keeping with this apparent latest trend, I have decided to step down from my role as editor at the end of this year. It has been a fantastic experience to date and I will relish the months that remain. SIAS invites interested applicants to get in touch. Please email editor@the-actuary.org.uk for further information about the selection and appointment process.

June’s featured themes are Solvency II and risk management, ever faithful and familiar. Also in this edition, Angus Sibley writes anew about the Austrian School of economics and on our industry news page we introduce a new column from the Profession’s Resource and Environment Group. The latest instalment of the technology page shares tips for how to stay on top of information security.

Thank you for your letters, which have recommenced with gusto. Apostrophes and solar cycles have proved effective at getting the profession talking, while actuaries and poetry seem to be the flavour of the month. Read on to find out more!

Marjorie Ngwenya