On June 30, 2014, Institute and Faculty of Actuaries voted for 6 new standing member of the council. Ms. Yuan Xi, Deputy General Manager of Actuary and Risk Management Department, was elected, becoming the first Chinese standing member of the council of I&FA.
The I&FA, originated from 18 century, is the oldest actuary association in the world. It consists of a standing council and a management team. The standing council includes one chairman and 30 standing members. Up to the end of 2013, I&FA has 25548 members globally.