Council has 30 elected seats, divided into two constituencies: the General and Scottish constituencies.
Members of the IFoA belong only to one constituency.
The number of Council members representing the two constituencies, currently, differs each year in accordance with Bye-law 21. At present, there are 23 and 7 seats representing the General and Scottish constituencies, respectively.
Council may also co-opt up to three additional members, as prescribed in the Regulations, to cover particular circumstances.
Elected members of Council will normally serve a three-year term, after which they will be required to stand down. A member of Council may stand for re-election but may only serve a maximum of two consecutive terms before being required to retire for at least a year.
More information on standing for election to Council, voting in Council elections, and the relevance and implications of the two constituencies, can be found in this Q&A document.
|The members of Council for the 2020/2021 sessional year are:|
|Laura Andrikopoulos||Louise Pryor|
|Kelvin Chamunorwa||Danny Quant|
|Cherry Chan||Alan Rae *|
|Charles Cowling||Andrew Rear *|
|Mahidhara Davangere||Craig Ritchie *|
|Marian Elliott||Matt Saker|
|Gilli Engel||Kalpana Shah|
|Richard Galbraith||Tan Suee Chieh|
|Dermot Grenham *||John Taylor *|
|Jennifer Hartley||Kartina Tahir Thomson|
|Keith Jennings *||Peter Tompkins|
|Prosper Matiashe||James Tufts|
|Sarah Neil *||Maribel Vasquez Flores|
|Mukami Njeru||Steven Yang Yu|
|Xi Cynthia Yuan|
* Member of the Scottish constituency
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Jo Jones, Deputy Chief of Staff provides the Secretariat to the Executive Leadership Team
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This year's GIRO has been re-designed as a virtual conference to offer members and non-members the opportunity to get up to date content from leading experts in the general insurance field via online webinars. All sessions will be recorded and made available to purchase and re-watch post-event on the IFoA's GI Online Learning Resource area.
This webinar will provide an update on the emerging thinking around future regulation of DB schemes:
The webinar will discuss the challenges and opportunities schemes face in evaluating end game options, choosing a target state and understanding the impact this strategic decision could have on member outcomes long after the “end state” is reached. Adolfo, Kevin and Rhian bring over 60 years of experience in the industry and a variety of perspectives as scheme actuary, covenant adviser, trustee, de-risking adviser and insurer.
Retail banking is going through a period of substantial change as it moves into the digital age. Banks have large amounts of data about their customers and about their risks. Open data application programming interface (APIs) and data science are enabling banks to use their data to offer innovative and sometimes personalised services. Data science is also adding value in risk areas such as fraud detection and cyber security. At the same time, the move to online banking is making it easier for firms including fintechs to enter banking without having to establish branch networks.
Cash-flow driven investing is a game-changer for DB pension funds navigating their end-game. Suitable for sponsors who want to reduce risks on their balance sheets. And for trustees, it shifts the focus to providing greater certainty of returns, managing funding level volatility and ensuring they have enough income to pay cash-flow requirements.
Patrick Kennedy, Partner at Gateley Legal and Founding Director of Entrust (a leading professional pensions trustee company), will be delivering an update on the latest legal developments during the course of 2020. With both a pensions legal perspective and over 25 years of trustee service, Patrick will seek to highlight how the letter of the law has continued to evolve against the backdrop of a difficult and challenging year
The talk will provide an understanding of the priorities and relationships between deficit reduction contributions, in the context of wider scheme funding, and different types of value outflow from the employer based on the working party’s recently published report.
Covid-19 has required an urgent and cross-practice initiative to facilitate the extensive impact this pandemic has across all industries. IFoA members have been keen to contribute in a different way, so we developed the IFoA Covid-19 Action Taskforce [ICAT] to coordinate our effort, with a more efficient governance.
We have over 500 volunteers and countless topics which we have amalgamated into 93 workstreams.