Michael Tichareva

Michael Tichareva

Michael Tichareva is a Fellow of the Actuarial Society of South Africa (FASSA), a Fellow of the Institute of Actuaries (FIA), and a Fellow of the Actuarial Society of Zimbabwe who also holds a BCom (Hons.) degree in Actuarial Science and an MBA from Wits Business School, specialising in banking and finance related subjects. He attended some of his MBA electives at Fuqua School of Business at Duke University in North Carolina


Michael entered banking practice in 2008 having initially qualified as a pensions and employee benefits actuary in 2004, and practiced life assurance, pensions, and investments over the years until moving to banking in 2008.


In addition to complex investment banking transaction structuring and advisory under National Standard Finance Africa, Michael leads a team of banking actuarial professionals at Claxon Actuaries International based in Johannesburg (Alix Actuaries and Consultants in Zimbabwe) in delivering banking consulting assignments that include IFRS 9 expected credit loss modelling, banking risk management, transaction advisory, as well as insurance and pensions related actuarial assignments.


Michael currently leads at a global level in developing banking practice for actuaries and continues to present at various international platforms on the involvement of actuaries in banking. Michael has been the Chairperson of the Banking Virtual Forum of the International Actuarial Association since 2016, and is a founding member of the ASSA Banking Committee that he chaired from 2010 to 2017, and is again the Chairperson for 2024-2025.


Michael is also a member of Council of ASSA and sits on the Education Board. He is also currently involved in the development of actuarial education on the African continent on behalf of ASSA. He is the current course leader of the Investments Fellowship subject since 2008, and the Banking Fellowship subject since 2015 for the Actuarial Society of South Africa. Michael has also been actively involved in soft skills development sessions at various ASSA professional development programmes.

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