Former NTUC chief Tan Suee Chieh to head UK's IFoA

He will be the organisation's first Asian president

Former NTUC chief Tan Suee Chieh to head UK's IFoA

Insurance News

By Gabriel Olano

The UK’s Institute and Faculty of Actuaries (IFoA) has revealed Tan Suee Chieh (pictured) as its new president-elect, effective June 2019.

Currently based in Singapore, Tan will take up his new role in June, while John Taylor takes over as president from Jules Constantinou to serve a term of one year. In June 2020, Tan will become the organisation’s first Asian president.

After graduating from the London School of Economics, Tan was part of Prudential for 20 years, holding various roles in London, Malaysia and Singapore. These include CEO of Prudential Singapore and regional managing director of Prudential Asia.

After a stint in organisational psychology, he returned to the insurance industry as CEO of Singaporean composite insurer NTUC Income from 2007 to 2013, before being appointed group CEO of its parent firm NTUC Enterprise, a position he held until 2017.

Apart from being a council member of the IFoA, Tan holds a number of non-executive roles in academic institutions and voluntary organisations.

“It is with great pleasure that we welcome Tan Suee Chieh to the presidential team,” said outgoing IFoA president Jules Constantinou. “From the very start of his career he has been an active supporter of the actuarial profession across the globe. Suee Chieh’s expertise will be invaluable as we continue to encourage our members and all actuaries to step out of the shadows and show how our work has influence and impact across a variety of industries.”

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