You are here

Mahidhara Davangere South Asia Scholarship Fund

Many in our community were deeply shaken when Mahidhara Davangere passed away in May, aged just 39.

Mahidhara was one of the most active volunteers in the global profession. He was the first Indian member to be elected to the Council of the Institute and Faculty of Actuaries and championed the IFoA’s work in wider fields, particularly data science and banking. He also volunteered generously with the Institute of Actuaries of India and the International Actuarial Association.

Through these and other connections, many IFoA members came to know Mahidhara, warming to his incredible energy and positivity. We join with Mahidhara's family, his colleagues and his friends in mourning his passing.

As an enduring tribute to Mahidhara, the IFoA Foundation is creating the Mahidhara Davangere South Asia Scholarship Fund, an initiative to support the most promising actuarial students in South Asia who need financial assistance to continue their education. The Foundation developed this concept with input from Mahidhara himself, so it seems fitting that it will now bear his name.

Alongside the launch of this new fund, the Foundation is generating support to reach its vision to open every door for the next generation of actuaries and to empower the profession to be transformative in addressing the greatest global challenges of our time. Against a target of £55,000 and with the generosity of our community, we can increase our charitable impact in South Asia with projects such as:

  1. The Mahidhara Scholarship programme with funding for the next three years;
  2. Educational hardship grants for young actuaries in South Asia who are financially disadvantaged, and;
  3. Grants to local partner organisations in India that can deliver grassroots educational programmes that will engage the next generation of actuaries.

We have already received generous contributions from our valued supporters, with a major gift from Bhargaw Buddhdev, FIA (Founding Patron) who was also involved in discussions around the development of the South Asia Scholarship Fund. Bhargaw is passionate about supporting young actuaries in India. We are seeking a further £30,000 from the actuarial community, and the first £10,000 will be matched by the IFoA Foundation to double the impact of donations gratefully received.

Find out more about the IFoA Foundation Mahidhara Appeal by viewing our leaflet

Show your support

You can show your support in the following ways:

  • Arrange a direct payment by contacting the Foundation via gmfoundation@actuaries.org.uk (suitable for international payments using IBAN or SWIFT codes)
  • An online book of remembrance is available for those wishing to leave a message in memory of Mahidhara. The book will be presented to his family in due course. 

If you have any questions about the Foundation’s work and how you can get involved or would like to request additional support to arrange a donation, please get in touch: gmfoundation@actuaries.org.uk.

On behalf of all those who will benefit, and in celebration of our dear friend and colleague Mahidhara, thank you for your generosity and support.


Learn more about our work

Filter or search events

Start date
E.g., 26/09/2021
End date
E.g., 26/09/2021

Events calendar

  • Spaces available

    A panel discussion with investment representatives discussing the impact of investment on climate change and vice versa.

    This event is part of The Road to Glasgow: IFoA’s Sustainability Thought Leadership Series which will provide a platform for prominent contributors so that our members and others can understand the perspectives of a wide range of parties interested in the climate debate.

  • Spaces available

    Climate change is one of the greatest risks facing our world today. Addressing it will require multi-faceted solutions. Through this panel session, we will explore the different levers that can be used to meet net-zero targets including climate science and data, government engagement, and mobilising green finance.

  • Spaces available

    How governments and societies collectively respond to the climate crisis is increasingly being analysed through the lens of intergenerational fairness. Our expert panel will assess and explore the extent to which inter-generous fairness is being considered in climate policies, the lessons from those countries who are leading the way on fairness and justice in climate interventions, and more.

  • The Growth Mindset for Actuaries

    13 October 2021 - 8 December 2021

    Spaces available

    This practical course is aimed at actuaries at any stage of their career who want to develop their own growth mindset and apply it to their work setting and personal or professional lifelong learning. The content of the course builds on the lecture given by Dr Helen Wright on Growth Mindset as part of the President’s 2021 Lecture series, and will be delivered over a period of 2 months, from mid-October to early December.

  • Spaces available

    The climate crisis and the degradation of our planet will affect societies everywhere. How we address these threats will require solutions that transcend borders. As a global profession, the actuarial community is well-placed to consider and propose effective risk management solutions to help manage the climate crisis.

  • Spaces available

    Content will be aimed at all actuaries looking to understand the issues surrounding mental health in insurance and in particular those looking to ensure products and processes widen access for, and are most useful to, those experiencing periods of poor mental health.