Marjorie Ngwenya works with insurance companies in providing risk management and actuarial expertise in the delivery of organizational strategy. She also works with professionals to push beyond their limiting beliefs and design intentional pathways to their success through coaching. Marjorie has designed and delivered bespoke training and coaching programs for individuals and groups.
Marjorie Ngwenya has over twenty years’ experience in financial services in global leadership roles. She is a past president of the Institute and Faculty of Actuaries (IFoA), headquartered in the UK. She became the IFoA’s first president of color, the youngest and third female in the organization’s 160-year history.
Marjorie serves an independent non-executive director to insurance companies in South Africa and Nigeria. In this capacity, she chairs the risk management and actuarial subcommittees of the boards. She is a trustee of two social justice non-for-profit organizations active in Southern Africa. She is the chairperson of the Canon Collins Educational and Legal Assistance Trust, which supports scholars who will powerfully influence positive societal change. She is a board member of the Legal Resources Trust, which uses the law as an instrument to remove persistent and pervasive structural obstacles to human rights.
Marjorie is an advocate for diversity, equity, and inclusion (DEI) issues. In her executive career, Marjorie was typically the only ethnic minority (and woman) in her leadership teams. She has spoken extensively on the topic of diversity, with an emphasis on the benefits of cognitive diversity. She is the co-chair of a DEI strategy working group for the IFoA. In the boardroom, she has worked with executive teams to shift the dial and develop cultures and practices of inclusion. She has co-created transformation strategies and roadmaps toward ensuring greater minority representation in firms.
Her prior executive roles include being a member of the Group Executive as Committee as chief strategist of Liberty Group in South Africa and playing the role of chief risk officer of Old Mutual’s African Operations. She was the founding executive director of the African Leadership University’s School of Insurance, an industry driven initiative to deepen insurance talent on the African continent.
Marjorie trained as an actuary and holds a Sloan Masters of Leadership and Strategy from the London Business School.