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People & Social News

People and society news: November

Open-access content Wednesday 3rd November 2021
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Sustainable finance community call to action

If you are a student or early career actuary with an interest in sustainability issues or the desire to pursue a career within the sustainability practice area, consider joining the IFoA Sustainability Early Careers Board.  

As the social, business and financial worlds are increasingly affected by environmental and societal risks, actuaries’ impacts in sustainability areas will grow. Early career actuaries can enhance our profession’s sustainability influence by bridging generational divides, providing new perspectives and ensuring the next generation of actuaries has the appropriate expertise for facing the challenges of the future.

Applications are welcome from all members who identify as sustainability early career professionals. Find more information on how to apply at bit.ly/IFoA_VolVac


Women to watch

The pandemic was a stark reminder of how quickly the world can change – including the world of work. During this time, the emphasis on equality, diversity and inclusion in the boardroom has gathered momentum.

Cranfield School of Management’s annual list of Women to Watch identifies 100 leading female professionals who would be suited to non-executive positions on the boards of FTSE 350 companies now or in the near future. This year, three actuaries have made the final list. Chika Aghadiuno is Aviva’s group enterprise risk director and co-executive sponsor of its Origins Community, which represents race, ethnicity, faith and social mobility at the company. Earlier this year, she appeared on the EMpower 100 Ethnic Minority Executives List. 

Chika is also chair of the IFoA Diversity Action Group,  mentors academically able boys and young men of African and Caribbean descent through the Amos Bursary, and is a non-executive director for a leading medical defence organisation. “Appearing on the Women to Watch list is an unexpected spotlight and a reminder to myself that the light is out there and it could land on any one of us,” she says. “I will endeavour to live up to what it represents.”

Siobhan Martin is global leader for culture, leadership and talent at Aegon Asset Management. Based in Edinburgh with Aegon since 2020, Siobhan has overseen an organisational restructure of everything from the business’s European set-up to its global HR framework, and heads up its inclusive leadership programme.

After graduating from Monash University, Australia with a forensic psychology PhD, Siobhan had a 20-year career with consultants Cap Gemini EY and Mercer. Her voluntary work has included roles on the IFoA Market Development Board, Lord Mayor’s Charitable Foundation and Professional Women’s Network Advisory Board. The Financial Times has recognised her as one of the top 10 global LGBT executives. Hanna Kam has been group chief risk officer at Hiscox Ltd since 2015, leading the team of risk and compliance experts and having group-wide responsibility for Hiscox’s enterprise risk management and compliance framework internationally. She is also on the Board of Hiscox Syndicates Ltd.

Hannah joined Hiscox from EY’s Risk and Actuarial Services Team, where she was involved in a range of international insurance projects, leading large teams. She has also acted as Lloyd’s syndicate actuary, and held head of capital, head of risk and chief risk officer roles for various clients. Prior to her consultancy work, she spent four years with Zurich Financial Services in Australia.


People moves

Justin Brenden has been appointed chief actuary at actuarial organisation SiriusPoint. Previously, he was executive vice president and chief reserving actuary at Third Point Re, before its merger with the Sirius Group.

Utmost Group has made Gavin Palmer an independent non-executive director, chairing the Group Audit, Risk and Compliance Committee. He was previously an actuarial partner at KPMG.  

Oceanview Re has appointed Ahwaz Chagani as vice president and chief actuary. He previously served as approved actuary and head of actuarial and risk for Argus Group.  

Partners Life has made Kate Dron appointed actuary. Dron’s most recent role was as appointed actuary for Suncorp Group, which she joined in 2016.  

Catherine Farnworth has  been appointed group CRO at IQUW. She was previously CRO for MS Amlin, following the merger of MS Frontier and MS Amlin.

Arch Capital Group has appointed Tom Rivers as CRO for its international insurance arm, a role he recently held at AXIS Managing Agency. 

Image credit | Shutterstock
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This article appeared in our November 2021 issue of The Actuary .
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IFoA Council meets to discuss areas of focus for 2021/2022

Council met for its first meeting of the 2021/2022 sessional year on 15 September. We were pleased to welcome new Council members, who were elected at our AGM in June. Once again it was an online meeting, though we are hoping to hold an in-person meeting before the end of the session.
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Volunteer recruitment

At present, around 4,000 IFoA members choose to volunteer with the IFoA. From providing valuable feedback via the 400 Club to sitting on boards and committees that produce content, their efforts contribute not just to the development of the IFoA but also to the wider profession.
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October was a great month for The Actuary magazine. We were delighted when the magazine’s website won Best Website at the Memcom awards, which recognise excellence in professional membership. The website was up against some stiff competition, including the Royal College of Psychiatrists, the Faculty of Pharmaceutical Medicine and the UK Council for Psychotherapy.
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Finding our voice

We want our members to have rewarding and fulfilling careers. There is no set ‘landing zone’ for this, but underpinning our approach is the belief that the best thing we can do is ensure actuaries have a vision for the future, a growth mindset, and the knowledge that we will help them develop the skillsets and learning they need.
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IFoA returns to party conferences

After a pandemic-induced hiatus, the IFoA’s Public Affairs team returned to the party conference circuit this year, attending both the Labour and Conservative conferences in Brighton and Manchester respectively. The party conferences provide a unique opportunity to engage with multiple parliamentarians and stakeholders on the IFoA’s policy priorities, and this year’s events felt even more important, given the lack of face-to-face engagement during the past 18 months. It also enabled us to foster new relationships (and cement existing ones), build the IFoA’s reputation as a trusted voice, and i
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Enhancing our learning

One of the IFoA’s many roles is to help our members achieve their potential. In a changing world, we can support you as you develop the skills, competencies and mindsets you need for successful, fulfilling and sustainable careers.
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