The IFoA is delighted to announce the appointment of Nick Ong-Seng as the new chair of the committee that oversees the IFoA’s Quality Assurance Scheme (QAS). Nick takes over from Victor Olowe, after six years of helping to progress the scheme in collaboration with accredited firms.
Nick brings extensive experience to the role having had international board and executive leadership roles in risk management, audit and assurance, and regulatory compliance across financial and professional services including McKinsey, Accenture, J.P. Morgan and the London Metal Exchange. He was part of the senior leadership of the Financial Services Authority, chairman of a FTSE Group Insurer and served on the boards of the Federation of European Securities Exchanges, Commodity Markets Council and the International Regulatory Strategy Group of TheCityUK.
The appointment comes at an exciting time for the QAS, which has grown to over 40 accredited organisations globally.
Nick Ong-Seng said: “I am truly honoured to be joining QAS as its new chair. Having originally trained to become an actuary, I recognise first-hand the depth of quality, technical expertise and intellectual rigour throughout the profession.
“What excites me most is the prospect of working with the QAS Committee, the IFoA Executive and, above all, our members to build upon the impressive growth to date and firmly establish QAS as the definitive global scheme for quality and professional standards.”
The QAS is a voluntary accreditation scheme for organisations that demonstrate a commitment to meeting the highest quality standards.
Learn how your organisation can become QAS accredited
