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About City

Vice-President (Strategy & Planning)

Professor Richard Verrall

Professor Verrall was appointed Vice-President (Strategy & Planning) in 2011, having previously been Associate Dean (Research, Knowledge Transfer and International) in Cass Business School. He has responsibility for City's Strategy, Planning & Performance Unit and Information Services. He leads the development of City's Strategy and manages the  planning process to deliver the aims of City's Strategic Plan.

Professor Verrall graduated in Mathematics from St John's College Cambridge and holds an MSc in Statistics from University College London. He completed his PhD at City, University of London in the field of Actuarial Science and was appointed as a lecturer in 1987. In 1999 he was awarded a personal Chair in Actuarial Statistics and was Head of the Department of Actuarial Science before becoming Associate Dean of Cass Business School. He is a Fellow of the Royal Statistical Society and an Honorary Fellow of the Institute of Actuaries. He is well-known for his actuarial research papers, particularly on the reserving processes which general insurance companies follow to meet their solvency requirements. He was a co-author of a study which is now used by the legal system to assess the amount of damages that should be awarded for loss of earnings due to an accident. He sits on the editorial boards of several international actuarial journals and is a member of the Economic and Social Research Council (ESRC) College.