The Chancellor has today (9 June) appointed Marjorie Ngwenya as an external member of the Prudential Regulation Committee (PRC)
Ms Ngwenya will join the PRC on 5 September 2022, commencing a three-year term, replacing Norval Bryson as an external member.
Marjorie previously served as President of the UK Institute and Faculty Actuaries, having served on its council for eight years.
The Chancellor of the Exchequer, Rishi Sunak, said:
Governor of the Bank of England, Andrew Bailey, said:
External member of the PRC, Marjorie Ngwenya, said:
About Marjorie Ngwenya
Marjorie serves an independent non-executive director at Tangerine Life (Nigeria) and its holding company Tangerine Financial. She is the chairperson of the Canon Collins Trust (UK) and a trustee of the Legal Resources Centre (South Africa).
Marjorie is a past President of the Institute and Faculty of Actuaries (IFoA) and served on the IFoA’s governing council for eight years.
In her executive career, she was a member of the Group Executive Committee of Liberty Group in South Africa, serving as Chief Strategist. Prior to that, she was Chief Risk Officer for Old Mutual’s African Operations.
Marjorie is as an actuary and holds a Sloan MSc in Leadership and Strategy from the London Business School. She is also an executive coach and an advocate for diversity, equality and inclusion.
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