The government has announced that Martin Clarke has been appointed as the new Government Actuary following an open competition.
He is currently Executive Director of Financial Risk at the Pension Protection Fund (PPF), a post he has held since 2006. As an executive member of the Board, he has led the Investment, Actuarial, Risk and Recoveries teams of the PPF.
Martin Clarke is a Fellow of the Institute and Faculty of Actuaries and has an MA in Mathematics from Cambridge University.
He will take up the post later in the year on a five year fixed term contract. He will succeed Trevor Llanwarne CB, who recently announced his plans to retire.
The Institute and Faculty of Actuaries (IFoA) has congratulated Martin Clarke on his appointment as Government Actuary.
David Hare, President of the IFoA comments;
“Martin will bring a breadth of experience to the position. He has worked extensively in insurance, investment, pensions and risk. He played a significant role in the success of the Pension Protection Fund as Director of Financial Risk, and as Chairman for the last four years of the UK Sustainable Investment and Finance Association (UKSIF) he has helped lead the way in raising the profile of this important area.
“Martin’s professional expertise and his evident ability to manage future risks today are crucially important attributes for this role at this time. The IFoA warmly congratulates Martin on his appointment.”
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