History

Vision, Mission and Values

The Lebanese Association of Actuaries (LAA) was founded in 2001 by a group of qualified actuaries: Mr. Pierre Al Chidiac, Mr. Rached Rached, Mr. Ibrahim Muhanna, Mr. Farouk Khattab, Mr. Antoine Wakim, and Mr. Walid Mneimneh.

It was formed to serve as a backbone for the actuarial profession in Lebanon amid a growing need in the country an

It was formed to serve as a backbone for the actuarial profession in Lebanon amid a growing need in the country and the Arab world for actuaries. It aims at supporting the continuing development of actuaries and maintaining high professional standards.

The LAA is the only actuarial association in Lebanon and one of the very few in the region. It is headed by a board of directors, consisting of a president, vice-president, and two other board members. There are four designations offered by the LAA: Actuarial Analyst, Associate, Affiliate and Fellow.

The LAA is a full member association of the International Actuarial Association (IAA) since 2002.

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IAA Website

Vision, Mission and Values

The LAA’s vision is for actuaries in Lebanon to be recognized and acknowledged as the leading professional experts in financial and non-financial risk modelling and management.

The mission of the LAA is to:

Promote consistent standards of professionalism and assure the reputation of the profession.
Promote cooperation with other actuarial as

The LAA’s vision is for actuaries in Lebanon to be recognized and acknowledged as the leading professional experts in financial and non-financial risk modelling and management.

The mission of the LAA is to:

Promote consistent standards of professionalism and assure the reputation of the profession.
Promote cooperation with other actuarial associations in the world and with high professional entities in the region.
Support, develop and strengthen the actuarial profession to serve the economic and financial public interests in the country in a fast changing climate full of uncertainties and risks.
Inform and influence members, share knowledge and educate them through seminars, conferences, webinars and training workshops.
Build a strong and broad professional network of actuaries, assist candidates in finding opportunities through these connections and initiate contact with companies looking for such talents.
Provide a forum for discussion among Lebanese actuaries and develop the actuarial competencies
Give access to a platform of communication (with the LAA & IAA / other Associations’ members) and to some useful resources and tools.

The LAA complies with the values of integrity, respect, service, accountability, transparency, concern for the public interest and objectivity which will ensure that the members and the public interest is served.

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Board Members

Vision, Mission and Values

Board Members

Rita El Sokhon (President)

Guy Saad (Vice-President)

Wassim Tabbah (Secretary)

Marc Tarazi (Treasurer)

Dr. Rabih Badran

Dr. Rudy Daccache