17 October 2024
The Institute and Faculty of Actuaries (IFoA) has appointed Paul Lewis as its new chief executive officer. Paul will join the IFoA on 6th January 2025 from the Royal Society of Chemistry where he currently serves as chief operating officer.
Paul is an experienced senior leader in the professional body and not-for-profit sectors. As chief operating officer at the Royal Society of Chemistry, he oversees 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.
IFoA President Kartina Tahir Thomson, said: “We are pleased to welcome Paul to the IFoA at a pivotal point in our development. We believe that Paul’s experience in a larger Royal Charter body will be essential as the IFoA continues to grow while simultaneously modernising to meet the changing needs of our membership.”
Paul Lewis, newly appointed Chief Executive Officer of the IFoA, said: “I am delighted to be joining the IFoA at this important time for the future of the profession and honoured to be appointed chief executive officer. I very much look forward to leading the IFoA and working closely with the Board, members and stakeholders to advance the actuarial sciences.”
Lord Currie, Chair of the IFoA Board said: “Paul is joining the IFoA at an exciting time as we begin our work over the next year to plan our 2026-2029 strategy, which will deliver on the vision set out by our Council. Paul will play a key role on the IFoA Board in helping to devise the strategy and will be instrumental in leading the executive in its successful delivery.”
~ENDS~
Sonia Sequeira, Communications Lead, IFoA
Tel: 07525 592 198
Email: sonia.sequeira@actuaries.org.uk
Hannah Patmore, Communications Manager, IFoA
Tel: 07519 106 714
Email: hannah.patmore@actuaries.org.uk
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.