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Actuarial Profession appoints General Counsel

29 November 2011

The Institute and Faculty of Actuaries has announced the appointment of Ben Kemp as its General Counsel, with effect from 6 February 2012.  This follows the announcement of Derek Cribb’s appointment as the Institute and Faculty’s Chief Executive on 17 November.   Mr Kemp is currently a Partner in the Regulatory and Professional Discipline department of Kingsley Napley LLP, and he has been working with the Actuarial Profession as Acting General Counsel on a part time basis since May 2011. 

Dual qualified in England and Scotland, Mr Kemp has extensive experience in advising regulatory and professional bodies across a wide range of sectors.  He is an experienced advocate, having appeared regularly before disciplinary tribunals of regulatory bodies, including those of the Institute and Faculty of Actuaries, the Health Professions Council and the General Teaching Council for England. He has also taught public and human rights law at Edinburgh University for approximately ten years.  Mr Kemp will be based in Edinburgh and he will lead the Profession’s legal and regulatory team.

Commenting on the appointment, Derek Cribb, Chief Executive of the Institute and Faculty, said: “We are very pleased to announce Ben’s appointment.  Ben has already made a substantial contribution to the development of our regulatory strategy and he has worked very effectively with the members of our Professional Regulation Executive Committee in continuing to build the Profession’s constructive relationships with our regulatory partners.  We are looking forward to benefiting from Ben’s expertise and experience in ensuring that our regulatory approach is thoroughly modern, effective and, above all, assures public confidence in the work of actuaries in the years ahead.”

Ben Kemp said:  “I’m delighted to be taking on this role and I welcome the opportunity to become fully engaged in the Institute and Faculty’s regulatory activities at such an important time.  The Profession is developing a range of initiatives to bring together a more proactive and cohesive approach to licensing and regulation that is at the same time appropriately robust and proportionate. I look forward to playing my part in helping to deliver a regulatory approach that serves the public interest, demonstrates the value of our high professional standards and, in so doing, supports our members, regulatory partners, the users of actuaries and members of the general public alike.”

ENDS

Enquiries: Tel. Michael Scanlan on 020 7632 1453 or email michael.scanlan@actuaries.org.uk

Notes to editors:

1.    Actuaries provide commercial, financial and prudential advice on the management of a business’s assets and liabilities, especially where long term management and planning are critical to the success of any business venture. They also advise individuals, and advise on social and public interest issues.

2.    Members of the Profession have a statutory role in the supervision of pension funds and life insurance companies. They also have a statutory role to provide actuarial opinions for managing agents at Lloyd’s.

3.    The Profession is governed by the Institute and Faculty of Actuaries. A rigorous examination system is supported by a programme of continuing professional development and a professional code of conduct supports high standards reflecting the significant role of the Profession in society.

4.    The Profession is available to provide expert comment to the media on a range of actuarial- related issues, including enterprise risk management, finance and investment, general insurance, health and care, life assurance, mortality, and pensions.