Skip to main content
The Actuary: The magazine of the Institute and Faculty of Actuaries - return to the homepage Logo of The Actuary website
  • Search
  • Visit The Actuary Magazine on Facebook
  • Visit The Actuary Magazine on LinkedIn
  • Visit @TheActuaryMag on Twitter
Visit the website of the Institute and Faculty of Actuaries Logo of the Institute and Faculty of Actuaries

Main navigation

  • News
  • Features
    • General Features
    • Interviews
    • Students
    • Opinion
  • Topics
  • Knowledge
    • Business Skills
    • Careers
    • Events
    • Predictions by The Actuary
    • Whitepapers
    • Moody's - Climate Risk Insurers series
    • Webinars
    • Podcasts
  • Jobs
  • IFoA
    • CEO Comment
    • IFoA News
    • People & Social News
    • President Comment
  • Archive
Quick links:
  • Home
  • The Actuary Issues
  • February 2012
02

CEO's comment: New structure to reflect goals

Open-access content Monday 30th January 2012 — updated 5.13pm, Wednesday 29th April 2020

Derek Cribb outlines the many changes in the Actuarial Profession's Executive function

2

 Welcome to the first column I have had the pleasure of writing since my appointment was announced. I'd like to start by thanking president Jane Curtis for the kind introduction to some of the key members of the Executive team, and build on that to give you some insight into what's happening inside your profession.

 

2011 was a year of significant change in the Executive function, with many changes in staff and their responsibilities as we geared up to deliver the Profession's new strategy. We are now structured so as to align the Executive to its strategic themes, with a director responsible for each of these working with the input of lead volunteers. We also have a programme office, managed by an experienced programme manager, Jane McDonald, and dedicated project managers across the more intensive and complex areas of delivery.

With the new structure bedded in, all staff in the Executive have engaged their skills and experience to focus on the delivery of the strategy; however I would like to specifically mention two key appointments in our Edinburgh office.

Debbie Atkins has joined us as volunteer engagement manager, with responsibility for building stronger relationships with employers and ensuring we have the right volunteer opportunities filled by suitably skilled volunteers. If you attend a Profession event in 2012, expect Debbie to come and tap you on the shoulder!


Working alongside Debbie is Beth Montgomery, charged with supporting the Scottish Board and developing and supporting our activities in the UK regions. I am sure both would welcome direct contact with any questions or offers of support you may have.

In the coming editions, I will be focusing on what we are doing to deliver the strategy, and how you will experience the benefits of this implementation. Importantly, I will also highlight where there are opportunities for you, our members, to volunteer your skills to help ensure we get it right.

With the Executive and volunteers working together towards the common goal of our strategy, I am sure we will deliver a profession that our members will be proud to be a part of for many years to come.?


Derek Cribb is the chief executive officer of the Institute and Faculty of Actuaries

This article appeared in our February 2012 issue of The Actuary .
Click here to view this issue

You may also be interested in...

ta filler

Disciplinary Tribunal Panel and CPD determinations

The Institute and Faculty of Actuaries - disciplinary update
Monday 30th January 2012
Open-access content
ta filler

Finance sector 'must seize twin peaks opportunity', says Sants

The move to twin peaks regulation of the financial services sector is an opportunity to drive home judgement-based supervision that must not be missed, according to the chief executive of the Financial Services Authority, Hector Sants.
Wednesday 8th February 2012
Open-access content
2

FRC to consult on bringing incentive work under TASs

The Financial Reporting Council has announced plans to consult on bringing actuarial work on pension incentive exercises into the scope of its technical actuarial standards.
Monday 20th February 2012
Open-access content
2

Pension schemes missing opportunities in bond bubble

Pension schemes being ‘coerced’ into continued investment in fixed income are missing a golden opportunity to improve funding levels, according to Gatemore Capital Management.
Tuesday 21st February 2012
Open-access content
2

European Council acts on short selling and CDSs

The European Council has introduced regulations to restrict the use of short selling and certain aspects of credit default swaps (CDSs) in circumstances where there is a ‘serious threat to financial stability’.
Tuesday 21st February 2012
Open-access content
2

Plans for pension transfer values overhaul unveiled by FSA

Plans to change the way pension transfer values are calculated have been published for consultation today by the Financial Services Authority.
Tuesday 28th February 2012
Open-access content

Latest from Regulation Standards

tfd

A matter of adjustment

Private assets will continue to shine even under the Treasury’s proposed changes to the Solvency II matching adjustment, says Ziling Jiang
Wednesday 2nd November 2022
Open-access content
ykf

A home run: reducing inequality through impact investing?

Sophie van Oosterom, Wojciech Herchel and Mark Callender consider how ‘impact investing’ in social housing could help to reduce inequality
Wednesday 5th October 2022
Open-access content
hgv

Exchange of ideas: IFRS 17 implementation in the Caribbean

Servaas Houben considers how IFRS 17 principles could benefit insurers in the Caribbean – and what European insurers could learn from the region when it comes to implementing the standard
Wednesday 31st August 2022
Open-access content

Latest from February 2012

2

Mercer acquires Norwegian consulting firm

Mercer has completed the acquisition of Norwegian-based financial investment and pension consulting company Pensjon & Finans.
Wednesday 29th February 2012
Open-access content
2

Ombudsman favours firms in 77% of life & pensions claims

The Financial Ombudsman Service found in favour of the consumer in just 33% of life assurance and pensions claims in the second half of 2011, compared to 72% for the financial services industry as a whole.
Wednesday 29th February 2012
Open-access content

Pensions Regulator sets out auto-enrolment plans

The Pensions Regulator has set out how it plans to maximise employer compliance with auto-enrolment, with an approach that mixes providing advice with putting systems to ensure employers meet their duties.
Wednesday 29th February 2012
Open-access content

Latest from formbuilder_item_removed

2

Implementing IFRS 17 Discount Curves: Theoretical and Practical Challenges

The International Financial Reporting Standard (IFRS) 17 requires liability cash flows to be discounted at rates that reflect the characteristics of the cash flows, including their liquidity
Tuesday 3rd September 2019
Open-access content
2

Profit Emergence Under IFRS 9 and IFRS 17: The impact of choice of liability discount rate

With the IFRS 17 accounting standard, insurers need to understand the patterns of profit emergence that arise under the standard, and how current business and methodology decisions affect such patterns.
Wednesday 10th July 2019
Open-access content
2

Whitepaper: Aggregation and diversification of the IFRS 17 Risk Adjustment

This paper forms part of a series of high-level papers designed to provide an introduction to different features of the risk adjustment that should be considered in advance of implementation.
Tuesday 29th January 2019
Open-access content

Latest from 02

2

Student: A little help from my friends

Are actuaries forgetting to look out for the little guy, asks Matthew Welsh?
Monday 30th January 2012
Open-access content
2

Letters to the editor

In which actuaries discuss ethics, executors and emissions
Thursday 26th January 2012
Open-access content
2

President's comment: Expert opinions

Jane Curtis welcomes some new faces to the Profession’s team
Thursday 26th January 2012
Open-access content
Share
  • Twitter
  • Facebook
  • Linked in
  • Mail
  • Print

Latest Jobs

Investment Consultant

Scotland / Scotland, Edinburgh / London, England
Up to £70000.00 per annum
Reference
148689

Market Risk Capital Actuary/Quant

London (Central)
£65,000 - £115,000 plus bonus and package
Reference
148688

Experience Analysis Contractor

England
Negotiable
Reference
148687
See all jobs »
 
 
 
 

Sign up to our newsletter

News, jobs and updates

Sign up

Subscribe to The Actuary

Receive the print edition straight to your door

Subscribe
Spread-iPad-slantB-june.png

Topics

  • Data Science
  • Investment
  • Risk & ERM
  • Pensions
  • Environment
  • Soft skills
  • General Insurance
  • Regulation Standards
  • Health care
  • Technology
  • Reinsurance
  • Global
  • Life insurance
​
FOLLOW US
The Actuary on LinkedIn
@TheActuaryMag on Twitter
Facebook: The Actuary Magazine
CONTACT US
The Actuary
Tel: (+44) 020 7880 6200
​

IFoA

About IFoA
Become an actuary
IFoA Events
About membership

Information

Privacy Policy
Terms & Conditions
Cookie Policy
Think Green

Get in touch

Contact us
Advertise with us
Subscribe to The Actuary Magazine
Contribute

The Actuary Jobs

Actuarial job search
Pensions jobs
General insurance jobs
Solvency II jobs

© 2023 The Actuary. The Actuary is published on behalf of the Institute and Faculty of Actuaries by Redactive Publishing Limited. All rights reserved. Reproduction of any part is not allowed without written permission.

Redactive Media Group Ltd, 71-75 Shelton Street, London WC2H 9JQ