The Institute and Faculty of Actuaries (IFoA) has appointed Paul Lewis as its new chief executive officer.

Lewis will join the IFoA on January 6, 2025, from the Royal Society of Chemistry, where he currently serves as chief operating officer.

“Paul is an experienced senior leader in the professional body and not-for-profit sectors,” said the IFoA.

“As chief operating officer at the Royal Society of Chemistry, he oversees the work of 700 staff serving 60,000 members and delivering £70m of annual revenues.

“Paul’s previous roles have included director positions at City & Guilds and University of Cambridge Assessment.

“Paul is a graduate of the Royal Military Academy, Sandhurst and holds an MBA. He is a Freeman of the City of London, Fellow of the Institute of Leadership and, the Royal Society for the Arts.”

IFoA President Kartina Tahir Thomson, said: “We are pleased to welcome Paul to the IFoA at a pivotal point in our development. We believe that Paul’s experience in a larger Royal Charter body will be essential as the IFoA continues to grow while simultaneously modernising to meet the changing needs of our membership.”

Lewis said: “I am delighted to be joining the IFoA at this important time for the future of the profession and honoured to be appointed chief executive officer. I very much look forward to leading the IFoA and working closely with the Board, members and stakeholders to advance the actuarial sciences.”