IFoA Town Hall session Edinburgh

IFoA President

Kartina brings 25 years of diverse actuarial, risk management, governance, and regulatory experience. Her prior experience includes a Big-Four audit firm, the Bank of England, global insurance carriers, and brokers. Her most recent executive role is with WTW, the largest global insurance consultancy, as a Senior Director where she leads the risk, regulation, and governance proposition. Kartina also has non-executive experience, most recently for an FTSE-listed company and a fintech firm.

As a subject matter expert in the UK and European insurance regulation, she advises firms on resolving their regulatory issues and adding business value by helping boards in their decision-making. From roles as Chief Risk Officer, a member of the supervisory panel at the Bank of England, and a partner to C-suites and boards of various firms, she brings practical experience to business solutions.

Kartina holds leadership positions in the actuarial profession in the UK and globally. She has served on the IFoA Council for the past seven years and was a member of its Audit and Risk Committee. She was also on the Board of Directors of the Actuarial Association of Europe for four years.

Kartina is passionate about inclusion, social mobility, and education, which she has channelled through her role as the Chair of the IFoA Foundation for the past three years. She mobilised the charity to make a remarkable impact on the next generation of actuaries and the wider actuarial community.

Kartina became President-elect in September 2023 and President in July 2024.

IFoA President-elect

Paul 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.

Under the new governance reforms, he will be the first President elected to serve a two-year term from summer 2025. Paul will be the President who will lead the review to ensure that the governance reforms are working as intended and will then take these changes to a member vote.

Immediate Past President, Institute and Faculty of Actuaries

Kalpana brings 30 years of business experience in the insurance and investment industry. She was longstanding Group Chief Actuary and Partner at Hiscox until 2016. She is now one of a handful of female Chairs in the insurance industry, a non-executive director of several organisations and a member of the Capacity Transfer Panel for Lloyd’s of London.

She is also a liveryman of the Worshipful Company of Insurers and member of Court of the Worshipful Company of Actuaries. She has Chaired and contributed to committees for the IFoA, Bank of England, Lloyd's of London and the Bermuda Monetary Authority. In the early stages of the COVID-19 pandemic, Kalpana headed the first voluntary team of actuaries helping the UK’s National Health Service with emergency analytics and planning.

Kalpana is a regular judge for the Women in Insurance Awards and a frequent speaker on insurance and diversity related topics. Over the years she has been recognised for her work by organisations including the Institute of Directors, Financial Times, Cranfield University, Insurance Insider and Brummell Magazine.

Kalpana became President-elect in June 2022 and President in September 2023.

CEO of the IFoA

Paul was appointed Chief Executive Officer of the IFoA in January 2025. He is an experienced senior leader in the professional body and not-for-profit sectors. Before joining the IFoA, Paul was the chief operating officer and deputy chief executive at the Royal Society of Chemistry from 2018-2024, overseeing the work of 700 staff serving 60,000 members and delivering £70m of annual revenues. Paul’s previous roles have included director positions at City & Guilds and University of Cambridge Assessment. Paul is a graduate of the Royal Military Academy, Sandhurst and holds an MBA. He is a Freeman of the City of London, Fellow of the Institute of Leadership and, the Royal Society for the Arts.

Paul leads the executive in the delivery of the IFoA Council's vision and Board strategy with a particular focus on enhancing our membership services and learning offer including our qualifications. Paul also plays a leadership role in the IFoA's engagement with regulators in key markets and in creating opportunities to collaborate with partners worldwide including the IAA, the AAE and other actuarial associations.