Registered on the 18th of December 2008 under the Society’s Act, the Actuarial Society of Zambia (ASZ) is a professional body representing the actuarial profession in Zambia. The society was formed with a mission to raise visibility around the actuarial profession, across the financial services industry as well as higher education. The society is committed to promoting and encouraging a high standard of actuarial practice within the Zambian Pensions and Insurance industry. ASZ seeks to support its members by:
Enhancing the student education experience.
Raising awareness of the profession by increasing our presence, both online and physically
Building partnerships and collaborating with other professional services societies.
Developing a cross border mentorship program.
Increasing interaction amongst the Zambian actuarial community by actively planning networking events.
Meet the Executive Committee & council
Mulenga C. Mutati FIA
P R E S I D E N T
Mulenga is a Fellow of the Institute and Faculty of Actuaries (IFoA) with vast experience across the United Kingdom and mainland European insurance markets. Mulenga began his career at AIG Europe, rising up the ranks from an intern to a Senior Actuarial Analyst. To broaden his experience, he joined KMPG UK as an Actuarial Manager, transitioning from an in-house actuary to a consulting actuary. He is the Group CEO & Chief Actuary at Gralix Group.
Dr. Mubanga Lombe PhD
V I C E P R E S I D E N T
Dr. Lombe is a Lecturer in the Department of Mathematics and Statistics at the University of Zambia. Her key contribution to the actuarial profession was the development of the first ever Actuarial Science Curriculum which she spearheaded. This
has created a wider local talent pool for the insurance and pensions industry.
Boniface Phiri
S E C R E T A R Y
Boniface currently works at Prudential Life Assurance as a Manager focusing on operations. Prior to this Boniface was an Actuarial
Analyst within Prudential’s actuarial risk and compliance department. He holds a Postgraduate Diploma in Actuarial Science from the University of Zambia.
Kasonde Chipalo
ASS. T R E S U R E R
Kasonde is the Head of Actuarial Services at Sanlam Life Zambia. Prior to this role she served as Actuarial Manager at Sanlam Life Zambia, Business Analyst within the Finance department at Airtel Zambia. She also worked at Prudential life as an Investment and Business analyst. Kasonde holds a Bachelor of Science in Actuarial and Mathematical statistics from Wits University.
Francis Kaunda
C O U N C I L M E M B E R
Francis graduated from the University of Zambia with a bachelor’s degree with a major in Economics in 2015. Immediately he joined ZSIC Life under Pensions Department but later got moved to the Technical Actuarial Department. It was there that Francis developed his deep passion for Actuarial Science . He currently works for Zenix Actuarial Consultants as a Senior Actuary.
Michael Toms FIA FASSA
C O U N C I L M E M B E R
Michael is a fully qualified Fellow Actuary (FIA, FASSA) with 11+ years’ work experience, mainly in dynamic hedging and life insurance valuations (SAM implementation and ORSA work). Michael is currently working as a consulting actuary and has a strong programming background (with an
additional specialization in computer science at university) as well as a demonstrated history of process automation (primarily using Python and SQL).