Derek Cribb explains how the IFoAs strategy is helping to ensure a uniform member experience
The IFoA held its annual general meeting on 30 June, when the Council election results were announced. It also marked the formal handover of the presidency from David Hare to Nick Salter, with Fiona Morrison coming in as president-elect. In an ever-changing world, where our members are moving into new areas of business in a growing number of jurisdictions, Nick's presidential theme of diversity certainly resonates.
I would like to take this opportunity to thank David Hare for his commitment, passion and enthusiasm, which have been the hallmarks of his presidency. David's dedication over the past two years on the presidential team has helped transform our relationship with members and stakeholders both in the UK and around the world.
Being the figurehead of the IFoA is a busy and important volunteer role, but one which is shared between the three members that make up the presidential team. By carving up responsibilities between the presidents, we can help ensure that the member experience is as similar as possible, whether in Norwich or Nairobi. While all our presidents undertake engagements in the UK, they are each given specific responsibility for one of our international priority areas.
This ensures a period of continuity for three years, which has proved extremely successful in helping us build and maintain our profile in these regions with our members and external stakeholders. So, looking at the current presidential team, Nick has responsibility for North America and Africa, David the Far East, and Fiona will lead on our relations in India and with the International Actuarial Association.
Finally, a quick update on the Certified Actuarial Analyst qualification (CAA). As you will be aware, in May we opened registration for the entry test exam, Module 0, for the new qualification.
I am delighted to report that, at the time of writing, we had received registrations from over 100 candidates in over 30 countries - making it a truly global professional qualification.
You can read more about this on page 30.
For more information on the IFoA's International Strategy and how it supports our members, please visit the summary at bit.ly/1if8WOG