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FRC announces changes to the BAS membership

FRC PN 291 18 January 2010

The Chairman of the Financial Reporting Council, Sir Christopher Hogg, has today announced appointments to the Board for Actuarial Standards.

Sir Christopher said:

“I am very pleased to welcome three new members to the Board for Actuarial Standards. Each has very valuable experience and background for BAS in this crucial year when key Technical Actuarial Standards are scheduled to be produced. We expect to make one further appointment in due course to bolster our strength in the pensions area.”

The new appointments:

Oonagh McDonald is a long standing expert in the financial services industry, having been a Director of the FSA and of Skandia Insurance Group.

Mukesh Mittal is a leading actuary, most recently as Chief Actuary of Old Mutual plc and prior to that, Deputy Chief Actuary at Allianz SE.

David Hare is also a leading actuary, and is the Actuary to Standard Life UK, one of the UK’s major insurance companies.

Notes to Editors

  1. The Financial Reporting Council (FRC) is the UK’s independent regulator responsible for promoting confidence in corporate reporting and governance. Its functions are exercised principally by its operating bodies (the Accounting Standards Board, the Auditing Practices Board, the Board for Actuarial Standards, the Financial Reporting Review Panel, the Professional Oversight Board and the Accountancy and Actuarial Discipline Board and by the FRC Board. The Committee on Corporate Governance assists the Board in its work on Corporate Governance.
  2. All Press enquiries should be addressed to Jon Hooper telephone: 020 7492 2344 or at j.hooper@frc.org.uk.
     

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