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Finance Minister to address Actuarial Conclave on Preparing for New Era - Decoding Disruption


News provided by

Institute of Actuaries of India

10 Feb, 2022, 12:22 IST

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-  Institute of Actuaries of India organising its annual flagship event, The Virtual Actuarial Conclave 2022

-  Honourable Union Cabinet Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman to grace the occasion

MUMBAI, India, Feb. 10, 2022 /PRNewswire/ -- The Institute of Actuaries of India is organising its annual flagship event, Virtual Actuarial Conclave 2022 (VAC 2022), from 10th to 12th February 2022, which will bring together renowned speakers and eminent dignitaries from the finance and insurance domain, from India as well as across the globe. The occasion will be graced with the presence of Honourable Union Cabinet Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman, as chief guest. This year, VAC 2022 is centered around the theme, 'Preparing for a New Era - Decoding Disruption'.

The three-day virtual event encompasses a series of expert sessions that will focus on the myriad challenges that have disrupted business models in recent years, including technology, Artificial Intelligence, climate change, and COVID-19, and will deliberate on the different ways in which actuaries can build a resilient and robust ecosystem by helping various stakeholders to respond effectively through timely interpretation and analysis of emerging uncertainties. The insights gleaned from the discussions will drive unmatched learning for members of the actuarial community, as well as students aspiring for a career in the field.

Speaking on the occasion, Mr. Subhendu Bal, President, Institute of Actuaries of India, said, "Coming on the heels of an eventful year, VAC 2022 will provide us with an invaluable opportunity to take stock of the situation on the ground, even as we prepare ourselves for the future. As we work towards a full recovery from COVID 19, our primary motive is to discuss new challenges as well as novel business models that can help us to take further steps towards achieving our business goals. The main aim of IAI is to promote, uphold and enhance professional education, training, knowledge, practice, and conduct, amongst actuaries. VAC 2022 will also facilitate young professionals with a great opportunity to meet with, and learn from, industry veterans, get one-on-one time with seasoned experts, and participate in various technical and professional sessions."

About IAI:

IAI is a statutory body established under The Actuaries Act 2006 (35 of 2006) for the regulation of the profession of Actuaries in India. The provisions of the said Act have come into force from the 10th day of November, 2006, in terms of the notification dated 8th November 2006, issued by the Government of India in the Ministry of Finance, Department of Economic Affairs. As a consequence of this, the erstwhile Actuarial Society of India was dissolved and all the Assets and Liabilities of the Actuarial Society of India were transferred to, and vested in, the Institute of Actuaries of India constituted under Section 3 of the Actuaries Act, 2006.

Registration Link: https://vac.actuariesindia.org/vac-register.php

For further details, please visit the website https://vac.actuariesindia.org/

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