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By Steve Umidha
Mukami Njeru has joined the board of a global actuarial body. She was the only African elected in the Institute and Faculty of Actuaries (IFoA) Council and is expected to drive the advancement of the actuarial profession in the continent.
The Council is the governing body of the IFoA. The results of the elections were announced at the IFoA’s annual general meeting on 15 June 2020.
She will serve a three-year term.
“I am honored by the support; and the opportunity and great privilege it will be to serve the profession in this capacity. I look forward to the exciting journey of being part of the team shaping the future of the actuarial profession, she said,” she said.
Ms Njeru is a Kenyan fellow member of the IFoA, and a Chartered Enterprise Risk Actuary (CERA). She is the Vice President of The Actuarial Society of Kenya (TASK) and currently works for a global reinsurer – Swiss Re – in the Middle East and Africa region, developing products, reinsurance solutions and capital support structures for Life and Health Insurers.
She previously held consulting roles in different parts of the world (including the General Insurance practices of PwC in Sydney and Deloitte in London; as well as Financial Advisory and Risk Consulting work in Nairobi) and an internal role as a board member and Group Actuary at CIC Insurance Group, Kenya.
“Being the first female qualified actuary in Kenya, her appointment provides an opportunity that IFoA can leverage on as it aims to expand its wings in Africa,” said TASK’s President Moses Mutuli.
Financial Fortune is a digital financial news website and print business magazine published in Nairobi by Fortune & Transit Publishers Ltd and covers the financial services sector through news, views and extensive people coverage since 2018.