December 12, 2016 | version française

IAA and Actuarial Society of South Africa Host the 4th African Actuarial Congress

The Actuarial Society of South Africa (ASSA), in collaboration with the Africa and the IAA Subcommittees of the IAA’s Advice and Assistance Committee, hosted the 4th African Actuarial Congress in Cape Town to support the development of the actuarial profession on the African continent.

The seminar took place on November 22 immediately following the IAA Council and Committee meetings and was attended by more than 160 participants from: Benin, Ghana, Kenya, Madagascar, Malawi, Mauritius, Morocco, Mozambique, South Africa, Tanzania, Uganda, Zambia, Zimbabwe and from other areas of the world.

Roseanne da Silva, ASSA President, and Sundeep Raichura, Chairperson of the Africa Subcommittee opened the seminar with some welcoming remarks. The seminar presented an enriching agenda, including elements in wider fields such as Data Analytics and Large-scale Infrastructure Projects, as well as topics on: 

Sundeep Raichura closed the event by indicating that the information shared during the seminar will help the subcommittee leadership develop a 3-year workplan with the objective of building a legacy for the many aspiring actuaries on the continent.

Akua Nyarkia Adjei, a young actuary from Ghana and one of the 18 bursary recipients, said “This is the first time I have participated in an African Actuarial Congress. Thank you for the bursary from IAA Fund Subcommittee which allowed me to meet and network with fellow colleagues.”

Mr. Stephen Yeboah, President of the Actuarial Society of Ghana (ASG), expressed his appreciation for the IAA efforts to develop the profession in Africa. The ASG is now working towards becoming the next IAA Full Member Association from the African continent.

This activity supports the IAA’s mission to promote professionalism, develop education standards and encourage research while representing and promoting the role, reputation and recognition of the actuarial profession. Further, it contributes towards achieving the IAA’s strategic objective to support the development, organization and promotion of the actuarial profession in areas of the world in which it is not present or is not fully developed.

To learn more about the work of the IAA Fund Subcommittee, contact its Chief Executive, care of the Secretariat.