Board for Actuarial Standards Chair to Stand Down

Paul Seymour, who has led the Board for Actuarial Standards (BAS) since its inception in 2005, has decided to stand down as Chair and a director of the FRC as soon as a successor can be appointed, probably in the first half of 2009. Paul Seymour said: “The BAS has laid the foundation for its future work. My other non-executive appointments are coming to a natural close, so I have decided to leave the BAS as well and devote more time to personal interests.” Seymour, who has operated at senior managerial and director level in the financial services sector for more than thirty years, was appointed the BAS’s first Chair in December 2005. He was re-confirmed in post and made an ex officio member of the FRC Board earlier this year in accordance with the FRC’s new governance arrangements.

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