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Thursday, 28th March 2024
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Who's who in Finance: Colm Fagan, Managing Director, Life Strategies Limited Back  
 
Colm Fagan
Managing Director, Life Strategies Limited

E-mail: colm.fagan@lifestrat.ie

Current responsibilities: Overall Management of Business.

Education: Joined actuarial profession straight from secondary school. MSc (Mgmt.) from Trinity College (1991) under IMI's Management Practice Program.

Other qualifications: FIA (Fellow of the Institute of Actuaries). ASA (Associate of American Society of Actuaries).

Professional memberships: Council Member of Society of Actuaries in Ireland.

Career progress: Assistant Actuary (Irish Life) 78-80. Actuary for Ireland (Martin Paterson Associates) 80-83. Assistant Actuary (New Ireland) 84-86. Finance Director (Lifetime Assurance) 86-93. MD (Life Strategies) 93-

Special projects: Created a new actuarial consulting business in 1993, which now employs 11 consultants. Instrumental in Dublin's emergence as a leading centre for cross-border life assurance. Paper on aspects of financial economics, first presented 22 years ago, was judged to be still relevant and the Society of Actuaries asked for it to be re-presented in 1999.

Personal: DoB: 2511/49. Place: Knock, Co. Mayo. Married to Mary. Two boys (Bryan and Stephen) and two girls (Cathy and Lisa).

Social & sporting memberships: Bray Sailing Club; County Wicklow Lawn Tennis Club.

Interests: Reading (mainly on evolution, natural history), walking, sailing.

Recommended books: Business: Against the Gods: The Remarkable Story of Risk (Peter L. Bernstein). Non-business: The God of Small Things (Arundhati Roy).

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