Institute and Faculty of Actuaries

The Institute and Faculty of Actuaries (IFoA) is the UK’s only chartered professional body dedicated to educating, developing and regulating actuaries based both in the UK and internationally. The IFoA serves more than 32,000 members worldwide, guiding their actuarial education at all stages of qualification and development throughout their careers. The IFoA sets examinations, continuing professional development, professional codes and disciplinary standards for members, regulating under the oversight of the Financial Reporting Council (FRC).

After a major independent review, the IFoA has approved a series of measures to strengthen and modernise its governance. The changes reflect governance best practice and support the IFoA’s ambition to be a leading professional body, as well as promoting accountability and diversity globally. As a result, the existing Management Board will be reconstituted as a new unitary Board with an independent Chair.

This is an exciting opportunity to help with the development and set-up of the new Board, including the imminent appointment of non-executive directors (application window opens late February). The IFoA is therefore looking for candidates with direct experience as a Board Chair. They will know what an established board looks like and how it operates successfully. They will be accustomed to complex governance arrangements and be able to navigate strategic, sectoral and the stakeholder environments. The ideal candidate will be a role model for constructive, collaborative and values-led behaviours.

Saxton Bampfylde Ltd is acting as an employment agency advisor to the IFoA on this appointment. For further information about the role, including details about how to apply, please visit www.saxbam.com/appointments using reference QBMIA. Alternatively telephone +44 (0)20 7227 0880 (during office hours). Applications should be received by noon on Wednesday 21st February 2024.