IAI Unveils New Initiatives to Strengthen India's Actuarial Profession and Announces 26th GCA & AGFA
NewsVoir
Mumbai (Maharashtra) [India], August 24: The Institute of Actuaries of India (IAI), the statutory body established under the Actuaries Act, 2006, today unveiled a series of initiatives to strengthen the actuarial profession and enhance its engagement with students, professionals, industry, policymakers and the wider public, as part of Actuaries Day 2026.
The event, which took place at the Courtyard by Marriott Mumbai International Airport, saw Dr. Debasish Prusty, Additional Secretary of the Department of Financial Services (DFS), Ministry of Finance, take the role of chief guest. Ms. Preeti Chandrashekhar, President of the IAI; Vice President Anurag Rastogi; Ms. Asha Murali, Honorary Secretary of the IAI; and Mr. Mike Lombardi, President of the International Actuarial Association (IAA), Kartikey Kandoi, FIAI, FIA, FCA were also present.
Speaking at the event, Ms. Preeti Chandrashekhar, President, Institute of Actuaries of India, said, "As India expands its safety nets and seeks long-term fiscal and financial sustainability, actuarial expertise becomes central to informed decision-making and public trust. Actuaries operate at the intersection of economics, finance, demography, and risk. We shape frameworks that protect livelihoods, strengthen institutions, and advance India's journey toward Viksit Bharat 2047 since today's progress should not become tomorrow's vulnerability. One profession that truly holds endless possibilities and infinite impact."
As part of the celebrations, IAI launched its Brand Bible, establishing a unified framework for the Institute's identity, messaging and communication. The Brand Bible brings together the principles and standards that will guide how IAI presents itself consistently across its stakeholders and communication platforms. The Institute of Actuaries of India (IAI) has signed a Memorandum of Understanding (MoU) with Bhimtech to strengthen collaboration and knowledge exchange in the emerging areas of carbon markets and carbon credits.
IAI also launched its Job Portal, a dedicated platform designed to connect actuarial professionals and talent with relevant career opportunities, while strengthening engagement between employers and the actuarial community.
The Institute further announced the 26th Global Conference of Actuaries (GCA) & Actuarial Global Forum of Actuaries (AGFA), which will bring together actuarial professionals, policymakers, industry leaders and global experts to discuss emerging trends, risks and opportunities shaping the profession and the wider financial ecosystem.
These initiatives reflect IAI's continued efforts to strengthen the actuarial profession and its contribution across insurance, pensions, investments, risk management and other areas of India's evolving financial and economic landscape.
About the Institute of Actuaries of India
The Institute of Actuaries of India (IAI) is a statutory body established under the Actuaries Act, 2006, responsible for regulating and developing the actuarial profession in India. IAI functions under the administrative aegis of the Department of Financial Services, Ministry of Finance, Government of India, and is responsible for actuarial education, examinations, professional standards and conduct. The Institute works to advance actuarial knowledge and uphold high standards of professional integrity, expertise and public interest.
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