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Reinventing the profession

The world is changing.

The fourth industrial revolution, globalisation, and now the COVID-19 pandemic mean that the social and business models are being up-ended world-wide, and changes that were once predictable and steady are now far faster and more profound.

In response to this tumultuous transformation, President Tan Suee Chieh leads a call to re-invent the profession for a transformed present and dynamic future. In this ongoing series, we explore the vision, mind-set, skills and domains that the profession will adopt to succeed, flourish, and play a positive societal role in our global community.

“We are in the midst of the fourth industrial revolution. Those who are curious, and with a learning and growth mindset will thrive. 2020 is an extraordinary year. The COVID-19 crisis will define this generation of actuaries. This is a great opportunity for you. Apply the skills embedded in our DNA to solve practical problems which benefit society.

Mankind is beset with growing and varied challenges. Insecurity. Complexity. Uncertainty. Use your skills with courage and imagination, in our workplace, in our industry, and in our society.

Stay inspired. Believe. Make a difference.”

IFoA President Tan Suee Chieh to graduating students, 2020

Exploring the change

In our ongoing series of podcasts, President Tan Suee Chieh explores the detail of what it means to have the vision, mindset, skills and approach to thrive as an actuary in the 21st century.

Episode 1 - A vision of the future

Episode 2 - New fields, new skills

Episode 3 - Grey swans

Episode 4 - A global profession


Leading the way

Find out more about how the profession is changing

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