Actuarial Profession appoints new president

Members of the UK's Actuarial Profession, recently stripped of its powers to set actuarial standards, have voted in Stewart Ritchie as new president of Scotland's Faculty of Actuaries, while Watson Wyatt's Nick Dumbreck has assumed the presidency of the Institute of Actuaries covering the rest of the UK. Both appointees will serve for a term of two years.

Ritchie qualified as a Fellow of the Faculty in 1977. He has been a member of the Pensions Board of the Actuarial Profession for many years and

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