New director for the Board of Actuarial Standards

THE BOARD of Actuarial Standards has chosen Paul Kennedy as its new director; he will take the mantle from Louise Pryor, who steps down in June.

Kennedy is a qualified accountant, actuary and barrister and currently heads the Financial Reporting Council’s Actuarial Oversight section.

Chief executive Stephen Haddrill said: “Paul’s background as an actuary – together with his work in financial regulation and as head of Actuarial Oversight at the FRC – will help to ensure a seamless transition at an important time for the BAS as it promulgates the use of its standards and works with users to continue driving up the quality of actuarial information.”

Haddrill and BAS chairman Jim Sutcliffe thanked Pryor for her work, saying that she has made a lasting contribution to actuarial standards and information.

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