January 10, 2012
version française

IAA Election Results for 2012


Desmond Smith
President
(South Africa)


The International Actuarial Association (IAA) is pleased to announce that, at its meeting on October 2, 2011 in Zagreb, Croatia, the Council of the IAA elected the following individuals to serve as Officers of the IAA effective January 1, 2012.

President: Desmond Smith (South Africa)
President-Elect: Kurt Wolfsdorf (Germany)
Immediate Past President: Cecil Bykerk (United States

All terms of office are for one year ending on December 31, 2012.

Desmondís involvement in the work of the IAA started in the 1970s, eventually serving on the IAA Council as the South African representative from 1993 until the time of the restructure in 1998. In 2002, when South Africa was awarded the hosting of the 2010 International Congress of Actuaries, Desmond was appointed Chairman of the Congress. Over the years, he has served as a member on several IAA committees, was Vice-Chair of the Reinsurance Subcommittee of the Insurance Regulation Committee and Chaired the Strategic Planning Subcommittee of the Executive Committee in 2011.

"In considering the IAA and its activities during the year ahead, I must thank my predecessor, Cecil Bykerk, for his wise and competent leadership during 2011, a year during which much was accomplished. However, in the rapidly changing world in which we live, there inevitably is much that still needs to be done. Our Strategic Objectives, which were validated through a survey of our members during 2011, remain the framework within which we will approach the new year. The Strategic Planning Subcommittee is considering the valuable inputs received from members during the validation process and any changes required to the Strategic Objectives will be presented to Council for consideration.

As was the case during 2011, governance of the Association, the future process and structures with regard to standard setting and the development of supranational relationships will continue to receive attention.

As was the case during 2011, governance of the Association, the future process and structures with regard to standard setting and the development of supranational relationships will continue to receive attention.

I am honored to have been elected to serve as President and commit myself, with the support of so many competent and enthusiastic colleagues, in line with the vision of the Association, to continue to develop the IAA as the credible and respected representative of the worldwide actuarial profession".

To learn more about the work of the IAA, contact the IAA Secretariat.

The International Actuarial Association (IAA) is the worldwide association of professional actuarial associations, with a number of special interest sections for individual actuaries. The IAA exists to encourage the development of a global profession, acknowledged as technically competent and professionally reliable, which will ensure that the public interest is served.
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