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President of the Institute and Faculty of Actuaries visits the GFSC

28 Mar 18

President of the Institute and Faculty of Actuaries (IFoA), Marjorie Ngwenya, will pay a visit to the Gibraltar Financial Services Commission (GFSC) on 28/29th March 2018 to present the IFoA strategy and how this will affect Gibraltar.

Marjorie will meet senior members of the GFSC and address Actuaries Rock, a society for actuaries working in Gibraltar and individuals interested in actuarial policies related to the jurisdiction.

Kathryn Morgan, GFSC Director of Regulatory Operations and founding member of Actuaries Rock said: “We are very excited to have Marjorie visit Actuaries Rock and this visit further highlights the importance of Gibraltar and the GFSC internationally in financial services.”

At the bi-monthly Actuaries Rock, Marjorie will also outline how the IFoA’s international and policy work impacts Gibraltar. She will provide an insight into her role as IFOA President and highlight the diversity among its membership.

Marjorie is the first IFoA President to be based outside the UK, and has extensive experience in the consulting and reinsurance fields. She is an active volunteer for the IFoA and has served four years as a member of their Audit and Risk committee and is a member of their management board. Marjorie is also a trustee of the Legal Resources Trust in South Africa. 

Notes for Editors:

  1. The GFSC is the regulator of the Gibraltar financial services market, regulating providers of financial services conducted in both Gibraltar and other jurisdictions. The GFSC’s vision is to be recognised by our stakeholders as the model international financial services regulator and its mission is to provide financial services regulation in an effective and efficient manner in order to promote good business, protect the public from financial loss and enhance Gibraltar’s reputation as a quality financial centre. The regulatory objectives underpin the vision and mission statement. Namely, these are the promotion of market confidence; the reduction of systemic risk; the promotion of public awareness; the protection of the good reputation of Gibraltar; the protection of consumers and the reduction of financial crime.
  2. Actuaries Rock is a local actuarial society for Gibraltar and is open to actuaries and people interested in actuarial topics working in Gibraltar or on Gibraltar topics. It has over 60 members, and meets 4-5 times each year – recent topics include developments in pricing motor insurance, and recovery and resolution planning for insurance companies. 

Press Release Contact Details

Contact Name

Darren Ennis 

Contact Title

Head of Communications and International Affairs

Contact E-mail

media@gfsc.gi 

Address

Gibraltar Financial Services Commission
PO Box 940
Suite 3, Ground Floor
Atlantic Suites
Europort Avenue
Gibraltar

Tel

+350 200 40283

Fax

+350 200 40282

Web-site

www.gfsc.gi