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Executive Leadership Team

The Institute and Faculty of Actuaries (IFoA) has a strong Executive team, with significant capabilities in support of our strategic themes: education, regulation, member support, public affairs and thought leadership.

The Executive team is organised into five separate but interdependent Directorates: Chief Executive's Office, Engagement and Learning, Operations, General Counsel, and Public Affairs and Research.

The key accountabilities of each Directorate support the IFoA’s strategy, published in 2016, and are set out below:

Chief Executive's Office  
Key responsibility: To be responsible for the work of the Executive, the financial management of the IFoA, and overall responsibility for the delivery of the organisation's strategy.  A member of Management Board and an observer at Council and Chair of the Markets Development Board.
CEO: Derek Cribb
Derek Cribb

Derek Cribb joined the actuarial profession in a consulting role in May 2010. He became Acting Chief Executive in September 2010 and was appointed to the role on a permanent basis in 2011. Derek has successfully steered the organisation through a period of rapid and substantial change, including a full review of its strategy and reshaping the organisational structure to deliver the strategy.

Derek has broad leadership experience across the public, private and not-for-profit sectors. His roles have ranged from Chief Operating Officer at the Pension Protection Fund and CFO of Barclays Bank UK Customers and Products to leading the business support function in a major UK record label. He has also held senior positions in the food, logistics, outsourcing and technology sectors.

Derek is a Fellow of the Institute of Chartered Accountants in England and Wales and a Fellow of the Royal Society of Medicine. He studied at Imperial College London, graduating with Honours in Chemistry in 1987, and undertook PhD research in Mechanical Engineering from 1987-1989.

Engagement and Learning  
Key responsibility: To provide high quality qualifications and lifelong education for all our members.
Director: Clifford Friend
Clifford Friend

Clifford Friend joined the Institute and Faculty of Actuaries (IFoA) in January 2016 as Director of Education.  This followed a distinguished career in Higher Education culminating as Professor and Acting Vice-Chancellor of Cranfield University. Throughout his career Clifford has played an active role in professional bodies and related regulatory organisations, helping shape accreditation processes and contributing to audits, for regulators and individual academic institutions around the world.

Clifford has wide leadership experience working at the interface between higher education and the business world.  Until recently he was the non-Executive Chairman of CMD Ltd (an executive development company with £17m turnover) and CEI Ltd – a small knowledge-based SME.  He has also been non-Executive Director of CV Ltd, QA Business School Ltd and Sudbury House Hotel Ltd.

Clifford is a Chartered Engineer, Fellow of the Institute of Directors, an alumnus of INSEAD, the French international business school and, until recently, an elected Council member of the CBI. His expertise has frequently been called upon to assist commercial clients, professional institutions around the world and UK government agencies, ranging from DBEIS and The Treasury to the Research Councils and Ministry of Defence. He has also appeared as an expert for the media, on radio and television and has written for broadsheet newspapers and magazines, including the Financial Times and the New Scientist.

Public Affairs  
Key responsibility: To provide all aspects of building reputations, including creating and implementing communication strategies, and delivering complex programmes and projects.
Director: Annette Spencer
Annette Spencer

Annette Spencer joined the Institute and Faculty of Actuaries (IFoA) in April 2018 as Director of Public Affairs and Research. She has had a long career in communications in the financial services sectors, including as UK Head of Communications at RSA Insurance and Director of Communications at The Investment Association. She has also held interim assignments at Zurich, the Universities Superannuation Scheme and the Financial Conduct Authority.

Annette has broad experience across all aspects of building reputations, including creating and implementing communication strategies, and delivering complex programmes and projects. She is experienced in developing organisational capabilities in media relations, public affairs, digital communications, internal communications, branding, and stakeholder and issues management.

Annette is a Classics graduate from Newnham College, Cambridge, and holds an MBA with Distinction. She is a Fellow and Chartered Practitioner of the Chartered Institute of Public Relations (CIPR), and a past Chairman of the CIPR Corporate and Financial Group and past CIPR Council member.

Operations  
Key responsibility: To offer effective and efficient corporate services to support delivery against the strategy.
Director: Anne Moore
Anne Moore

Anne Moore is the Chief Operating Officer for the IFoA.  She is a qualified accountant with over 30 years’ experience in various not-for-profit organisations.  She has led organisations through complex change management and has been responsible for governance, finance and resources in a number of public sector agencies. 

Prior to joining the IFoA in 2011, Anne was the inaugural Director of Finance & Corporate Services for the Infrastructure Planning Commission, and prior to that the Director of Corporate Services and Communications for the Sustainable Development Commission.  Anne formerly held the position of Director of Resources for the Royal Parks Agency and various other positions within central government.

General Counsel  
Key responsibility: To regulate our members in such a way as to assure public trust and support business and innovation.
Director: Ben Kemp
Ben Kemp

Ben Kemp is a Director and General Counsel at the IFoA, leading the General Counsel Directorate.  Ben was formerly a partner in the Regulatory and Professional Discipline department of London law firm, Kingsley Napley LLP.  Prior to that he trained and worked for ten years as a solicitor with Shepherd + Wedderburn LLP. 

Ben is dual qualified as a solicitor in Scotland and England & Wales, a solicitor member of the Scottish Solicitors’ Discipline Tribunal and a member of the Professional Standards and Ethics Committee of the Law Society of England and Wales. 

He additionally serves as a Legal Assessor appointed to advise disciplinary panels of the Royal Institution of Chartered Surveyors and is a part time tutor in public and constitutional law at the University of Edinburgh.

Markets Development  
Key responsibility: To build a long-term sustainable future for the IFoA through strategic global relationships, whilst ensuring that our members continue to thrive in their careers by opening doors and creating healthy market environments for success.
 
Director: Sarah Sim
Sarah Sim

Sarah is a career markets development professional, with experience covering a number of sectors and most of the world!

She joined the IFoA in December 2016 as Head of Global Markets Development, and was delighted to be promoted to the new role of Director of Markets Development in March 2018.

Prior to this, Sarah worked at Director level for a number of years at the ACCA, the largest professional accounting body in the world, where she had responsibility for market development and emerging markets. She had oversight for market entry strategies and implementation across the Middle East, Europe, Asia, and Africa, and then took lead responsibility for all of ACCA's activities across the breadth of the Americas, ranging from the leadership of the US, Canadian and Caribbean offices to the emerging markets of Latin America.

Sarah’s earlier career saw her working as policy manager at BritishAmerican Business (BABi is a transatlantic business networking group for C-suite executives and SMEs in the UK & USA). She has also managed the Asian portfolio at the London Chamber of Commerce leading trade delegations to India, Sri Lanka, Japan, China and Mongolia. She began her career working in the British Diplomatic Service for over a decade, which included postings to Washington DC and Montserrat in the Caribbean.

Sarah thrives on seeking new opportunities, which saw her spend time as an international English teacher, living in both Spain and Mexico.

Find out more about the work of the IFoA’s Directorates in the publications listed below:

Corporate Plan 2018/2019

Annual Report of the Institute and Faculty of Actuaries 2015/2016: Promoting actuaries and actuarial science globally

Institute and Faculty of Actuaries' Strategy 2016

 

 

Contact Details

James Harrigan, IFoA Corporate Secretary

James.Harrigan@actuaries.org.uk

I will try to respond to email queries within five working days.

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Events calendar

  • SIAS Event: Navigating Organisational Politics Positively

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    3 June 2019

    Spaces available

    The term 'office politics' usually has a lot of negative connotations and indeed an inability to be able to navigate an organisation's formal processes and interact effectively with others at work can have far reaching adverse consequences.

  • Spaces available

    Public scrutiny of what investment funds deliver for consumers continues to be high profile, with the FCA’s Asset Management Market Study requiring fund managers to make (and publish) an annual assessment of value for authorised funds from the end of 2019.

  • Reimagining ageing

    Staple Inn Hall, High Holborn London WC1V 7Q
    14 June 2019

    Spaces available

    Reimagining ageing, hosted by the Institute and Faculty of Actuaries, in partnership with the ILC

  • Spaces available

    Increasing global concern over the impact of climate change has recently led to public scrutiny over the adequacy of existing risk management practices by insurance firms and pension schemes in dealing with these challenges, that potentially impact both individual actuaries and the IFOA generally.

     

  • Pensions Conference 2019

    Bristol Marriott Hotel City Centre, 2 Lower Castle Street, Old Market, Bristol, BS1 3AD
    18-19 June 2019
    Spaces available

    Covering current topics and industry trends, the conference also includes a pre-conference evening dinner (18 June) giving you the opportunity to develop your network. 

  • KSS event – FinTech and The Actuarial Profession

    EY, Atria One, 144 Morrison Street, Edinburgh
    19 June 2019

    Spaces available

    This KSS talk from FinTech Scotland's CEO will explore the mission to create an integrated Fintech ecosystem through provision of funding, support, infrastructure and talent that recognises and responds to the needs of all stakeholders - and the overarching aim for Scotland to be one of the top 5 Fintech global leaders by 2020.

    To book your place, please email Barry_Shannon@standardlife.com 

  • Current Issues in General Insurance (CIGI) 2019

    Inmarsat, 99 City Road, London, EC1Y 1BJ
    19 June 2019

    Spaces available

    CIGI is a well-established one-day seminar designed to increase awareness and encourage discussion on a variety of topical issues across the general insurance industry. 

    There will be an excellent and diverse line-up of speakers to provide a variety of perspectives and challenge covering technical and professional areas. 

  • Cass Event – New Thinking about Deferred Annuities

    Cass Business School, Executive Education Facilities 200 Aldersgate St, London EC1A 4HD
    21 June 2019

    Spaces available

    Our motivation for discussing this important subject comes from some exciting recent research which has analysed the impact of behavioural factors on the decision to purchase an annuity. This work has shown that behavioural factors can explain the well-known low demand for immediate annuities but this research also identifies an important opportunity in relation to deferred annuities (DA). The research suggests that these factors lead to positive incentives to purchase a DA and that, for longer deferred periods, a DA could be an attractive product for both consumers and insurers.

  • IFoA/SAS Joint Professional Skills Training – Singapore

    Room 903, NTUC Centre, Level 9, One Marina Boulevard, Singapore 018989
    25 June 2019

    Spaces available

    The Institute and Faculty of Actuaries (IFoA) and Singapore Actuarial Society (SAS) are organising a joint Professional Skills Training (PST) in Singapore. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • AGM and Presidential Address 2019 + Volunteer and Member Drinks Reception

    The Hub  Castlehill Edinburgh EH1 2NE
    26 June 2019

    Spaces available

    Notice is hereby given that the ANNUAL GENERAL MEETING of the INSTITUTE AND FACULTY OF ACTUARIES will be held at The Hub, Edinburgh on Wednesday 26 June 2019 at 16.30 (Preceded by tea from 16.00) and followed by a PRESIDENTIAL ADDRESS given by John Taylor.

  • IFAM event - Actuarial Teachers’ & Researchers’ Conference 2019

    Institute for Financial and Actuarial Mathematics Department of Mathematical  Sciences The University of Liverpool Mathematical Sciences Building Peach Street Liverpool, L69 7ZL
    27 June 2019 - 29 June 2019

    Spaces available

    The Institute for Financial and Actuarial Mathematics (IFAM) at the University of Liverpool is pleased to host the 2019 Actuarial Teachers’ and Researchers’ Conference from 27-28 June 2019. This annual two-day event has been running annually now for many years, each time hosted by a different university, and provides all those interested in actuarial research and education a great opportunity to share their ideas and catch up on the latest developments.

  • IFoA/ASM Joint Professional Skills Training – Kuala Lumpur

    Menara AIA, Auditorium, 99 Jalan Ampang, 50450, Kuala Lumpur
    28 June 2019

    Spaces available

    The Institute and Faculty of Actuaries (IFoA) and Actuarial Society of Malaysia (ASM) are organising a joint Professional Skills Training (PST) in Kuala Lumpur. This session is suitable for actuaries working in any area (i.e. it is not specifically aimed at Life, GI or any other technical discipline) and is interactive, so you should come along prepared to take part in the discussions.

  • SIAS: The Impact of Air Pollution on Health and Life Expectancy

    Staple Inn Hall, High Holborn, London, WC1V 7QJ
    2 July 2019

    Spaces available

    Air pollution has gained increasing attention lately. Nicola Oliver, head of longevity and mortality research for Medical Intelligence, will discuss not only the impacts of air pollution on health and life expectancy but also how as an industry we should be addressing it.

  • GIRO Conference 2019

    EICC, The Exchange, 150 Morrison St, Edinburgh EH3 8EE
    24-26 September 2019
    Spaces available

    GIRO is attended annually by over 800 delegates and speakers who are keen to discuss key topics such as Pricing, Reserving, Modelling and the future of the insurance industry. GIRO 2018 was a huge success and we have opened bookings early for what we hope will be another brilliant conference at the EICC in Edinburgh this year.