COVID-19 is strengthening the case for change, says Stephen Mann
As a new sessional year begins for the IFoA, it is a pleasure to welcome Tan Suee Chieh as president and to continue with the strategy agreed by Council.
Suee Chieh’s presidential address was an inspiring start to what is already proving to be a busy year – one in which it is essential that we make progress against our aim of repositioning the IFoA and
the broader profession.
Recent world events have made the case for transformation stronger than ever. We have already seen how the impact of the global pandemic has required different ways of working and different approaches, with more innovation and speed. Building on our approach from April, we are now planning to offer our entire September exam session online.
We hope recent events and the uneven impact of COVID-19 will lead to a turning point in how issues of systemic racism and inequality are addressed. While we condemn any form of racism or discrimination, we have to ask ourselves hard questions about how we provide an equitable and inclusive experience for our members and employees, with our volunteer-led Diversity Advisory Group helping lead the way.
It is encouraging that twelve of Council’s seats are held by women – our highest number to date – with Council as a whole representing Zimbabwe, Hong Kong, India, South Africa, Israel, Australia, Kenya, Malaysia, Mexico and China. It is a symbol of progress, but I am sure there is much we need to do.
It is a very exciting time to be part of the IFoA. Thank you for being with us on this journey as we continue to learn, grow and evolve – together.
Stephen Mann is the chief executive of the Institute and Faculty of Actuaries