Craig Thorburn, World Bank, USASince 2002, Craig has been a Senior Specialist at the World Bank. In his current role he coordinates the financial systems oversight team within the Bank covering relations with standard setting bodies, technical assistance, and program development in banking and insurance sectors. His direct technical assistance work program concentrates on insurance market development, regulation and supervisory capacity building. Additionally, he has participated in numerous FSAP missions jointly with the IMF, and written a number of papers and books on insurance supervision and pension and insurance market development particularly regarding competition and concentration issues, solvency, resolution and wind up policy, and retirement income products. Before joining the World Bank, he was a senior supervisor having joined the public service as Australian Government Actuary in 1996, Chief of Life Insurance Supervision in 1998, and a senior supervisor of financial conglomerates from 1999. As such, he has direct experience supervising banks, insurers, pension funds, and financial groups as well as experience in integration of financial supervisors. Craig is a former chair of the IAIS Sub Committee on Solvency and continues to participate in IAIS groups. Prior to joining the public sector, Craig held a number of positions in the private sector with a bancassurance group. He qualified as an actuary in 1987 and is a member of both Australian and North American Actuarial Associations. |