The Institute of Actuaries of India (IAI) appointed Preeti Chandrashekhar as its first woman president. Chandrashekhar has become the 11th president since IAI became a statutory body in 2006. She holds an MPhil in statistics from the University of Delhi and is a certified Pensions Actuary.
Her extensive background positions helped IAI strengthen its role in emerging fields such as data science, climate finance, and economic forecasting, equipping members to address evolving market demands, an official statement released in this regard said.
“A seasoned professional with over 34 years of experience, Chandrashekhar is recognised for her exceptional contributions to the insurance and pensions sectors, as well as her strong leadership in risk management and consulting,” it added.
Speaking on her appointment, Preeti Chandrashekhar, said: “I am honoured to serve as President of the Institute of Actuaries of India at this pivotal time. As we look ahead, I am committed to strengthening the role of actuaries in addressing emerging challenges in areas such as climate finance, economic resilience, and social security. Together, we will empower our members to expand their impact across sectors, contributing to a more resilient and sustainable future for India.”
Actuaries assess complex risks, from market volatility to climate change, and develop resilient financial strategies. Under her leadership, the official statement added, IAI will further empower actuaries as critical advisors on risk and financial stability, contributing to India’s economic resilience and sustainable growth.