SA leading the global drive to formalise the role of actuaries in banking
In recognition of the leading role that South African actuaries are playing in establishing banking as a formal actuarial practice area around the globe, the newly established Banking Working Group of the International Actuarial Association (IAA) is to be chaired by South Africa for the next three years. This was confirmed at the inaugural meeting of the IAA Banking Working Group, held in Cape Town this past weekend.