CEO of Actuaries Institute to depart

In a statement, Actuaries Institute president Jenny Lyon said Mr Bell will leave the group at the end of the calendar year, after serving with the group since January 2014.

“David has been an important part of the institute and played an instrumental role in building our public profile,” Ms Lyon said.

Ms Lyon said Mr Bell helped the Actuaries Institute act as an advocate for “key reform issues” in a range of areas, including tax, superannuation, insurance and banking, and that the group wished him “all the best” for his future.

Mr Bell said he had been honoured to lead the group and credited “the calibre of its members” for its strength as an organisation.

“It has been a privilege to lead the institute over the past four years and work with a talented and highly motivated team as well as committed members, including many senior executives,” he said.