The term of each council position is two years. Elections will be held at the Annual General Meeting (AGM) to determine new council members.

ASM Council 2023/24:

Professional Development Sub-Committee 2023:

Past ASM Presidents (Chronological Order)

Mr. Steve Wong (1979 – 1980)
Mr. Patrick Poon (1981 – 1982)
Mr. Adrian Waddingham (1983)
Mr. Alex Foong Soo Hah (1984 – 1986)
En. Zainal Abidin Mohd Kassim (1987 – 1988)
Mr. Tan Suee Chieh (1989 – 1990)
Mr. Thavanesan Karthigasu (1991 – 1992)
Mr. Vincent Kwo Shih Kang (1993, 1995)
Mr. Ng Keng Hooi (1994)
Y. Bhg. Dato’ Mohamed Hassan bin Md. Kamil (1996 – 2002)
Mr. Teh Loo Hai (2003 – 2004)
Mr. Lee Jiau Jiunn (2005 – 2006)
Mr. Raymond Lai You Kim (2007 – 2008)
Mr. Patrick Cheah Gim Guan (2009 – 2010)
Mr. Liew Pek Hin (2011 – 2012)
Mr. Yap Chee Keong (2013 – 2014)
Mr. Wan Saifulrizal Wan Ismail (2015 – 2016)
Mr. Gary Hoo (2017 – 2018)
Ms. Sophia Ch’ng Sok Heang (2019 – 2020)

Mr. Kelvin Hii Chee Yun (2021-2022)

There are four membership classes under the ASM:
1) Fellow
2) Associate
3) Ordinary
4) Student

The requirements for each class are as follows:

Fellow
Fellow of one of the following:

• Society of Actuaries (USA)
• Casualty Actuarial Society (USA)
• Institute and Faculty of Actuaries (UK)
• Institute of Actuaries of Australia (Australia)
• Canadian Institute of Actuaries (Canada)

Recommended by 2 Fellow members of the Society
Resident in Malaysia or deemed to be familiar with Malaysian conditions
At least 1 year’s experience in the Malaysian actuarial industry

Associate
Associate of one of the following:

• Society of Actuaries (USA)
• Casualty Actuarial Society (USA)
• Institute and Faculty of Actuaries (UK)
• Institute of Actuaries of Australia (Australia)
• Canadian Institute of Actuaries (Canada)

OR
Passed examinations of any professional actuarial bodies to be recognized as Fellow, which is deemed to be at least equivalent to the examination requirements to become an Associate of the above actuarial bodies.

Ordinary

Satisfies one of the following:

• Ordinary member of a professional actuarial body; OR
• Passed at least 1 part/subject of the examinations of a professional actuarial body which has no class of Ordinary membership and is continuing to study for other examinations of the actuarial body; OR
• Completed an actuarial course or other related statistical course in a university, college  or other academic institute and has achieved a qualification thereof; OR
• Carrying out actuarial or other related work in a life or non-life insurance company, government office or actuarial consulting office.

Nominated by 2 members of the Society

Student

Nominated by 2 persons from the Society or principal/Head of Department of the college/university.
Does not meet the requirements for admission as Fellow, Associate or Ordinary member; OR meets the requirements but is not gainfully employed and chooses to seek Student membership
Has a declared interest in actuarial matters
Undergraduate/postgraduate student in an actuarial-related program

To apply to become an ASM member, please go to our Membership Application page

The ASM is a self-regulated body in Malaysia registered under the Registrar of Societies.

Constitution

The ASM Constitution can be downloaded here.

Professional Code of Conduct (PCC)

All ASM members are required to adhere to the Code of Conduct. The Code consists of basic ethics and principles that members are expected to abide by in carrying out their duties. The Code of Conduct (revised version effective 28 February 2014) can be downloaded here.

Continuous Professional Development (CPD)

All ASM Fellow members are required to fulfil a minimum number of CPD hours each year. The number of hours varies, depending on the professional role held. The CPD handbook for 2018 can be downloaded here.

Disciplinary Procedures

Disciplinary procedures have been put in place to uphold the integrity and professionalism of the society. The Disciplinary Scheme (effective 28 February 2014) can be downloaded here.