IAA admits its 69th Full Member Association

The International Actuarial Association (IAA) is pleased to announce that it has admitted the Actuarial Society of Turkey (AST) as its 69th Full Member association. The AST was established in 1951, has a membership comprising 152 fully qualified actuaries, and is currently led by President Orhun Emre Çelik.

The AST objectives include: increasing the recognition of the actuarial profession in Turkey; enhancing the knowledge of members of the profession by providing education, training and promoting research; responding to requests from official agencies; and resolving disputes between the members of the profession fairly.

Admission as a Full Member follows a thorough process that includes a review of the applicant association’s education program; code of professional conduct; formal discipline process; and, where applicable, formal process for the adoption of standards of practice. The Accreditation Committee reviews each of these documents to ensure compliance with IAA requirements, and the Education Committee determines whether the education requirements for a particular association or programme meet the standards set down in the IAA Education Syllabus and Guidelines. Several volunteers from both committees were instrumental in progressing the AST’s admission process.

This activity contributes towards achieving the IAA’s strategic objective to support the development, organization and promotion of the actuarial profession in areas of the world in which it is not present or is not fully developed.