IFoA announces Paul Sweeting as next President-elect

3 May 2024

The Institute and Faculty of Actuaries (IFoA) is delighted to announce that Paul Sweeting has been confirmed as the next President-elect of the IFoA.

Paul will assume the role of President-elect on 24 July at the IFoA Annual General Meeting when Kartina Tahir Thomson becomes President. Under the IFoA’s new governance reforms, agreed by Council in December 2023, Paul will be the first President to serve a two-year term from summer 2025.

Paul Sweeting is a senior advisor at the Hassana Investment Company, and an Honorary Professor of Actuarial Science at the University of Kent. He is a Fellow of the Institute and Faculty of Actuaries, for whom he has acted as a volunteer for many years. He also helped design and wrote the textbook for the profession’s Enterprise Risk Management subject.

Paul has chaired a number of actuarial boards, committees and working parties, and served as Honorary Secretary for the Institute of Actuaries prior to its merger with the Faculty of Actuaries. Paul is also a Fellow of the Chartered Institute for Securities and Investment, the Royal Statistical Society and the Royal Society of Arts. In addition, he is a Chartered Enterprise Risk Actuary and a CFA Charterholder. He holds a PhD in Economics from the University of Bristol.

Paul Sweeting, incoming President-elect, said: “It is a great honour to be chosen as the next President-elect of the Institute and Faculty of Actuaries. I look forward to engaging with our members around the world, and making this a profession for them to be proud of.”

Kalpana Shah, IFoA President, said: “It is exciting to confirm Paul Sweeting as incoming President-elect and I would like to extend a warm welcome to the Presidential team. I have known Paul for several years, and have experienced, first hand, his enthusiasm and dedication to the profession. It is unusual for a President-elect to not be a current member of Council and his fresh perspective will be invaluable as we continue our journey of cultural transformation and governance reform. It is a real privilege to serve the membership in this role and I wish Paul every success as he prepares to become President of the IFoA.”

~ENDS~

Contact

Sonia Sequeira, Communications Lead, IFoA
Tel: 07525 592 198
Email: sonia.sequeira@actuaries.org.uk 

About the Institute and Faculty of Actuaries

The Institute and Faculty of Actuaries (IFoA) is a royal chartered, not-for-profit, professional body.
Research undertaken by the IFoA is not commercial. As a learned society, research helps us to fulfil our royal charter requirements to further actuarial science and serve the public interest.

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 IFoA 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 of London.

Members are 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 actuaries in society.

The IFoA is available to provide independent expert comment to the media on a range of actuarial-related issues, including COVID-19 and its long term consequences, mortality, pensions, life and general insurance, health and care, finance and investment, climate change and sustainability, systems thinking, uncertainty and judgement, and risk management.