My Account

Audit and Risk Committee

The Audit and Risk Committee is set up by and reports to Council

The Committee’s purpose is to provide oversight to ensure that:

  • key risks are identified and addressed, and
  • the Institute and Faculty of Actuaries (IFoA) adopts a sound approach to financial management and reporting.

The Committee's key responsibilities are detailed in its Terms of Reference. 

The Committee comprises two lay members and two members of Council

 

The current members are:

Trevor Spires 

Donall Curtin 

Matthew Pearlman  

Richard Galbraith

Lay Chair

Lay member

Council member

Council Member

James Harrigan is the Committee Secretary.

The IFoA's internal and external auditors attend all meetings of the Committee, as do relevant members of the Executive (Director of Operations, Head of Finance, Chief Risk Officer).

Under our governance arrangements, membership is restricted to lay members (ie non-actuaries) and to members of Council.  As such, vacancies on the Audit and Risk Committee are not advertised to members of the IFoA.