The Actuaries Institute has today confirmed the immediate appointment of Elayne Grace as chief executive, having served as deputy chief executive and head of public policy at the professional body since 2013.
Ms Grace, a former executive director at EY, will replace former chief executive David Bell, who announced his resignation suddenly last year.
She is a fellow of the Actuaries Institute and a graduate of the Australian Institute of Company Directors.
Actuaries Institute president John Evans said Elayne was selected from a range of high quality candidates and has unique insights into the issues facing the profession.
“Elayne has extensive experience in public policy and has been instrumental in raising the Institute’s profile with the development of strategic papers which go to the heart of major economic and social themes that affect the lives of all Australians,” Mr Evans said.
“She is passionate about leveraging opportunities for the Institute and its members in key areas that benefit from the astute thinking provided by the profession. In particular, she is committed to further developing the Institute’s expertise and expansion in sectors such as data analytics, the economic impact of climate change and risk management.
“Her vision is to build a strong actuarial profession that is in high demand now and into the future.”
Ms Grace said she was excited to begin her role and was confident in the future of the profession.
“This is a very exciting opportunity for me and I am confident that the energy, leadership and strategic ability I bring to the role will not only help build our brand but also reveal to our growing membership base the new opportunities available to them in Australia and overseas,” Ms Grace said.
“It is also an exciting time to be an actuary in Australia with our profession now increasingly recognised as a source of valuable and strategic advice that helps governments, regulators and companies plan for the future.”