EUROPE – Towers Perrin’s Falco Valkenburg has taken over as chair of the Groupe Consultatif’s investment and financial risk committee.
He succeeds Jean Berthon of the Paris-based Centre D'Etudes Actuarielles, who steps down after a six-year stint in the role.
“The committee will consider, from the point of view of the actuarial profession, matters relating to investment and financial risk in the European Union, report to the Groupe Consultatif and make proposals on action required,” a Towers Perrin statement said.
The Groupe Consultatif was formed in 1978 to bring together the actuarial associations in the EU.
In December, Hewitt’s Philip Shier took over as chairman of the Groupe’s Pensions Committee from Watson Wyatt’s Paul Thornton.