8 September 2011
The Institute and Faculty of Actuaries has appointed Alan Phillips to the role of Chairman of its Management Board with effect from 13 September 2011. The Management Board has oversight responsibilities for operational matters related to the Actuarial Profession’s strategy, corporate plan, policy and operational plans, and all matters related to the Profession’s resources. Alan succeeds Sally Bridgeland who recently stood down from the position.
Alan became a Fellow of the Institute and Faculty of Actuaries in 1984. He has had a distinguished career at Bacon & Woodrow and then Hewitt Associates, where his roles included a number of senior management and leadership positions in the UK and across the European consulting business.
Commenting on the appointment, Jane Curtis, President of the Institute and Faculty of Actuaries, said: “Firstly, I would like to thank Sally for her outstanding contribution to the Profession over the years. As the first Chairman of the newly merged Institute and Faculty of Actuaries’ Management Board, Sally has played a vital role in ensuring that we have strong foundations for the future and the Profession owes her a great deal. Of course, I also want to welcome Alan as our new Management Board Chairman. Alan brings with him a wealth of senior leadership experience and operational expertise that will be of great benefit to the Profession as we continue to drive forward our strategy of positioning ourselves as the leading professional body in quantitative risk management.”
ENDS
Enquiries: Tel. Michael Scanlan on 07798 804 871 or email michael.scanlan@actuaries.org.uk
Notes for editors
A photograph of Alan is available on request
- Actuaries provide commercial, financial and prudential advice on the management of a business’s assets and liabilities, especially where long term management and planning are critical to the success of any business venture. They also advise individuals, and advise on social and public interest issues.
- Members of the Profession have a statutory role in the supervision of pension funds and life insurance companies. They also have a statutory role to provide actuarial opinions for managing agents at Lloyd’s.
- The Profession is governed by the Institute and Faculty of Actuaries. A rigorous examination system is supported by a programme of continuing professional development and a professional code of conduct supports high standards reflecting the significant role of the Profession in society.
- The Profession is available to provide expert comment to the media on a range of actuarial- related issues, including enterprise risk management, finance and investment, general insurance, health and care, life assurance, mortality, and pensions.
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