Professional Regulation Executive Committee
The Professional Regulation Executive Committee (PREC) has a Lay Chairman, two Lay Members and eight volunteer actuary members.
The Committee meets eight times a year and has a number of reporting sub-committees and working parties to help deliver its projects.
Members of the Committee are:
Sir Philip Mawer
Sir Philip became the first lay Chairman of the Professional Regulation Executive Committee (PREC) in July 2009. He is currently Deputy Chairman of the Ecclesiastical Insurance Group (EIG) and trustee or patron of a number of charities, having also served until recently as the Prime Minister’s Independent Adviser on Ministers’ Interests. Sir Philip is the Chair of the Actuarial Profession’s Conflicts of Interest Working Party and of the Funeral Plans Working Party.
Penny Shepherd
Penny is Chief Executive of the UK Sustainable Investment and Finance Association (UKSIF). She is also a member of the Advisory Group for the Green Investment Bank and was formerly a member of the Mayor of London’s Sustainable Development Commission. She has worked with the finance sector for thirty five years, including over fifteen years on sustainability and corporate responsibility issues, and is a former Chartered Engineer. Prior to joining PREC, she was a member of the precursor to the BAS/POB Actuarial User Committee.
Penny is also a member of the Actuarial Profession’s Funeral Plans Working Party.
Alex Galloway
Alex retired as Clerk of the Privy Council at the end of 2006. He is a partner in phpb which provides specialist advice and consultancy in the field of professional regulation. Alex is also a part-time Clerk of the Worshipful Company of Glaziers and Painters of Glass. He is a member of the Architects Registration Board and the Council of the Institute of Directors, a Trustee of The Southwark Charities and an Adviser to the Association of Lord-Lieutenants.
Alex is also a member of the Actuarial Profession’s Standards Review Committee and the Designated Professional Bodies Committee.
Fiona Morrison
Fiona is a partner in Lane Clark & Peacock LLP, where she chairs the Professional, Conflicts and Ethics Committees. She is appointed Scheme Actuary to a number of schemes.
Fiona is a member of the Council of the Institute and Faculty of Actuaries, where she is a member of the Professional Regulation Executive Committee. She is also a Trustee of the Worshipful Company of Actuaries Charitable Trust Fund.
Jane Curtis
Jane is a managing principal within Aon Hewitt's retirement practice, and President of the Institute and Faculty of Actuaries. Jane is also on the Actuarial Profession’s Management Board.
Trevor Llanwarne
Trevor is Government Actuary at the Government Actuary’s Department (GAD). Trevor is also a member of the Council of the Institute and Faculty of Actuaries and the Partnering with Firms Working Party.
Mike Kipling
Mike Kipling was until recently Financial Risk Director at Friends Life Group and will become With Profits Actuary for the Friends Provident Companies in January 2012. Mike is also a member of the Council of the Institute and Faculty of Actuaries.
Roger Dix
Roger is UK Life Chief Risk Officer with Aviva UK Life. Roger is also Chair of the Actuarial Profession’s Membership Committee and is a member of the PREC International Sub-Committee (PISC).
David Martin
David is a partner with Mercer based in Windsor and, as Professional Leader for the Retirement and Risk Finance Division in UK, has responsibility for Professional Standards and Training.. He holds a Scheme Actuary Certificate and advises Pension Scheme Trustees and Companies on their pension arrangements.
David is Leader of the Scottish Board of the UK Profession, a Member of Council, Deputy Chair of PREC, Chair of the PREC International Sub-Committee, a member of the Groupe Consultatif, a member of 2 IAA Committees, and is also on the UK's Management Board.
Andrew Newman
Andrew is an actuary working in the field of general insurance. He is the P&I Actuary at Charles Taylor & Co Ltd and is based in London. Andrew also sits on the Actuarial Profession’s GI PEC’s Standards sub-committee.