President Comment

In early June, Council will be holding one of its quarterly meetings in Africa.

Late last year Council gathered and discussed, at a very high level, the IFoA’s strategy.

As big data and artificial intelligence collide with deep social and environmental trends, the world is looking to skilled professionals, bound by a code of ethics, to safely navigate these turbulent times.

One of the themes of my presidency is to encourage all actuaries to step out of the shadows.

Just over a year ago, I was invited to sit on a panel of independent experts advising the UK government on the development of the social care green paper, and as I mentioned last month, this has been a big project for me.

Since last month, I have been on the road representing the profession at the Labour and Conservative party conferences, in Liverpool and Birmingham respectively.

Where will our profession be in 2023?

I am a firm believer in the value of volunteering, both for the individual concerned and for the IFoA.

I envisage my role of president as facilitating the creation of an environment where members and staff of the IFoA can all work together with a single focus to secure the future of our profession.

In the April issue, the president draws attention to the “many implications for individuals in the ways in which we conduct our lives... of living beyond the age of 100... as actuaries we are well placed to deal with the many permutations that are implied”.