Elaine Fairless

Compass Friendly Society Limited

Elaine has long experience of the financial mutuals sector ranging from larger insurance mutuals to the very smallest friendly societies both as an employee and a consultant.

Her technical experience covers actuarial matters, risk, business planning, compliance and regulation. Elaine is currently Chief Executive of Compass Friendly Society and managing director of E D (Financial) Limited – a small actuarial and management consultancy.  As well as being a Board member of AFM, she chairs the AFM Tax Committee and is a member of the Development and Conference Committee, and was formerly on the board of the AFS.  Elaine is an associate of the Institute of Actuaries.

“I strongly believe in the mutual ethos and support the survival of both small and large mutuals in order to provide consumers with choice. I believe that my experience and skills mean that I could contribute to AFM board discussions at all levels and in particular ensure the voice of the smaller mutual is given sufficient weight and consideration.”

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