The Canadian Institute of Actuaries (CIA) has elected five new members to its Board.
The company has confirmed that Conrad Ferguson, FCIA, has been acclaimed as President-Elect of the CIA.
CIA stated that Ferguson will hold this position for 2023-2024, and then go on to serve as President for 2024-2025 followed by the role of Immediate Past President for 2025-2026.
As President-Elect, he will be committed to addressing emerging challenges by applying actuarial solutions and aims to tackle issues related to the environment, as well as advancements in AI and data analytics.
At the same time, CIA has elected four other directors who will each serve a three-year term.
This includes Sarah-Salimah Bhanji, who is the chief actuary and a member of the executive management team at Northbridge, a major Canadian property and casualty insurer.
Additionally, Caroline Blouin, a highly experienced actuary with more than 30 years of experience in the profession across Canada and the US, also joins the board.
Isabelle Bouchard, joins the board with more than 20 years of experience in group reinsurance, consulting and working with a medical association.
And lastly, Tommy Yip, joins the CIA Board in the reserved role for a member who obtained Fellowship within the past seven years.
CIA also confirmed that all the appointments will be effective from July 1, 2023.
The firm stated that the newly elected members will contribute to the Institute’s mission of promoting financial security for Canadians and increasing public awareness of the actuarial profession.
