Fiona Morrison is new President-elect of the Institute and F

　　Fiona Morrison is new President-elect of the Institute and Faculty of Actuaries
 

　　The Institute and Faculty of Actuaries (IFoA) announced today that Fiona Morrison, Partner at Lane Clark & Peacock (LCP), has been elected as the next President-elect of the IFoA.  Fiona will become President-elect in June 2014, when Nick Salter becomes the new President of the IFoA taking over from David Hare.  She will take on the role of President in June 2015.
 

　　Fiona joined LCP straight from graduating in Mathematics at Selwyn College, Cambridge in 1979 and became a partner of LCP in 1984.

　　At LCP she concentrates on UK pensions and chairs the Professional Committee responsible for all decisions and policies of a professional nature.

　　Commenting on the appointment, David Hare, current President, said:  "I am pleased to announce that the IFoA’s Council has voted Fiona Morrison as the President-elect.  Fiona has been an active volunteer at the IFoA for many years and I am delighted that she will help lead the organisation, building on the solid foundations that have been laid before her."

　　Derek Cribb, CEO of the IFoA said: “I am delighted that Fiona has been selected for this role by her peers, and I look forward to continuing to build a strong and effective partnership between the executive and Fiona that draws on her experience to help deliver our strategy."

　　Fiona Morrison said: "I feel honoured and privileged to be given this opportunity by the Council. I look forward to working with our members across the globe to ensure that we continue to meet their professional needs, and maintain our reputation as a high quality, public interest professional body.”   Nick Salter, the current President-elect said: “I am delighted that Fiona has been elected to follow me as President of the IFoA.  I have known Fiona for a long time and really look forward to working with her over the next two years.”

　　Fiona has been an active volunteer with the IFoA for many years, holding positions on the Council and the Regulation Board, which is responsible for the IFoA’s professional and ethical standards. She is also a Court Assistant of the Worshipful Company of Actuaries.
 

　　For further comment, a jpeg image of Fiona Morrison, or to answer any questions that you may have please contact Karen Wagg at the IFoA on 077 255 58 551 or email Karen.wagg@actuaries.org.uk

　　Editorial notes:

　　About the Institute and Faculty of Actuaries

　　The Institute and Faculty of Actuaries (IFoA) is a royal chartered, not-for-profit, professional body.

　　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.

　　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 enterprise risk management, finance and investment, general insurance, health and care, life assurance, mortality, and pensions.
 

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