The Institute of Actuaries of Australia has begun the search for a new chief executive, following the resignation of John Maroney after three years in the chair.
Maroney is leaving the Institute to take up an appointment by the Bank for International Settlements in Basel, Switzerland, as a member of the secretariat of the International Association of Insurance Supervisors. In this role he will play a leading part in developing many of the initiatives agreed at the recent G20 summit aimed at strengthening the prudential oversight of the global insurance market.
Institute president Trevor Thompson said Maroney's appointment reflects the favourable profile of the Australian actuarial profession globally, and thanked him for his contribution to the industry during his time as CEO.
With Maroney set to take up his new role in September, the Institute is now seeking his successor.
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