Preeti Chandrashekhar Becomes First Woman President of Institute of Actuaries of India
19 NOV 2024
Preeti Chandrashekhar has made history as the first woman to be appointed President of the Institute of Actuaries of India (IAI). This marks a significant milestone for the institution, which has had ten presidents since becoming a statutory body in 2006.
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An accomplished professional, Chandrashekhar holds an MPhil in statistics from the University of Delhi and is a certified Pensions Actuary. With over 34 years of expertise in insurance, pensions, and risk management, she is widely respected for her leadership and contributions to the actuarial profession.
In an official statement, IAI acknowledged her extensive experience and commitment to advancing the organization. “Preeti Chandrashekhar is a seasoned professional whose exceptional work has strengthened the insurance and pensions sectors. Her leadership will further enhance the institute's capabilities in emerging fields like data science, climate finance, and economic forecasting, helping members meet evolving market demands,” the statement read.
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Speaking on her new role, Preeti Chandrashekhar expressed gratitude and outlined her vision for the future. “It is a privilege to serve as the President of the Institute of Actuaries of India at this transformative time. I am dedicated to empowering our members to address challenges in areas such as climate finance, economic resilience, and social security. Together, we can broaden the impact of actuaries across sectors, contributing to a stronger and more sustainable future for India,” she stated.
Actuaries play a crucial role in analyzing complex risks such as market fluctuations and climate change while designing strategies to ensure financial stability. Under Chandrashekhar's leadership, the IAI aims to position actuaries as vital advisors on risk management and economic sustainability, further contributing to India’s economic progress and resilience.
Her appointment is a step forward for gender representation in a profession often dominated by men, inspiring future generations of women to pursue careers in actuarial science and leadership.
