For Black History Month 2022, the Chair of our Diversity Action Group Chika Aghadiuno reflects on the need for supportive networks and role models. She also introduces the UK Black Actuaries Network, which she co-founded.
For a number of years, I have had an idea percolating: to set up a network within the IFoA for UK-based black actuaries.
Some may ask: ‘Why the need?’
One October a few years ago, I was invited to speak on a panel at a university Black History Month event. I was approached by a young black London-based student who told me she had opted not to apply to the profession. She had concluded it was not for people like her. Having experienced very similar feelings when I was about her age, it was deeply upsetting to hear so little had changed. It led me to refocus my efforts in the diversity space.
This one example highlights very clearly why we need visible role models, mentors, supportive networks, and historical reference points. It has been pleasing to see the growth of employee networks for different minority groups, including multicultural networks. Within the IFoA, there are several initiatives that all have a role to play. These include the Actuarial Mentoring Programme, the scaling up of various outreach activities, and the recently launched Diversity, Equity and Inclusion strategy.
I am really pleased to have helped launch a network for UK-based black actuaries. I have been around long enough to be aware of being part of this very small but growing cohort. There are established actuarial networks in the USA and other regions (for example the Nigerian Actuarial Society). And, of course, these networks can be found across different industries and professions, like law and policing. While these networks all serve different purposes, there is a gap in the UK actuarial profession, which we are hoping to fill.
At its simplest, our basic aim is to get to know each other. The UK Black Actuaries Network is in its infancy and as it grows, its focus will be developed and include:
The aspiration is that together we can help our profession:
You can join the UK Black Actuaries Network or find out more information and how to lend your support by connecting on LinkedIn with Chika Aghadiuno, Mudi Ugono, or Nnamdi Odozi.
