Canadian Margaret Franklin, CFA, to Chair CFA Institute Board of Governors

Beth Hamilton-Keen, CFA of Calgary Joins Franklin and 16 Others on CFA Institute Board

TORONTO, Sept. 1 /CNW/ - Margaret Franklin, CFA, has been appointed chair of the Board of Governors of CFA Institute, the global association for investment professionals that administers the CFA program worldwide and advocates for high standards of practice within the global investment industry.

Franklin, who begins her one-year term today, will head an 18-member Board of Governors comprised of investment professionals from eight countries: Canada, China, Japan, Singapore, Switzerland, United Arab Emirates, United Kingdom, and the United States.

"As vice chair, I had the great privilege of seeing CFA Institute's global impact at work during one of the most volatile markets in recent history," said Franklin. "This experience has given me tremendous appreciation for the deep need for CFA Institute as a multi-constituent, non-partisan body to lead the investment profession globally. There has never been a more important time for CFA Institute to engage with all serious investment professionals in the restoration of our industry's trust. Our strength is in our membership, local societies, staff, and the thousands of volunteers who commit in many ways to bettering our profession."

She succeeds Tom Welch, CFA, managing director and regional manager of the institutional client service team at Wells Capital Management in Minneapolis, Minnesota. Welch will continue to serve on the Board as immediate past chair, and Dan Meader, CFA, founder and managing partner of Trinity Advisory Group in Southlake, Texas, will act as vice chair.

Franklin is the president and CEO of Kinsale Private Wealth. Based in Toronto, she has nearly 20 years of financial industry experience in investment management with both institutional and private clients. She worked with global institutions including Barclays Global Investors, State Street Global Advisors and Mercer before moving to the private client business. Franklin was a partner in a boutique private client firm for eight years before joining Kinsale Private Wealth. While serving as a board member, Franklin has chaired its Audit and Risk, External Relations and Volunteer Involvement, and Planning committees. She is a past president of the Toronto CFA Society and received the CFA designation in 1997.

"Interest in the CFA charter is growing not only here in Canada, but internationally as well," Franklin added. "In June this year, more than 111,000 exam candidates representing 160 countries and territories took a CFA exam, which most would agree is among the most rigorous in the investment profession. The reach and impact of the remarkably small group in comparison to the millions of investment professionals globally, speaks to the great need for those things CFA Institute stands for: rigorous foundational training, lifelong learning, ethics, and integrity-based professional conduct."

Four new governors were also elected to serve a new three-year term that commences today. They are:

    
    -   Beth Hamilton-Keen, CFA, director and portfolio manager at Mawer
        Investment Management, Ltd. in Calgary, Canada;
    -   Giuseppe Ballocchi, CFA, head of financial engineering and risk
        analytics at the Trading Division of Pictet & Cie in Geneva,
        Switzerland;
    -   James G. Jones, CFA, founder and president of Sterling Investment
        Advisors, LLC in Bolivar, Missouri; and
    -   Aaron Low, CFA, principal of Lumen Advisors in Singapore and San
        Francisco, California.
    

Mark Anson, CFA, managing partner and chief investment officer of Oak Hill Investments in Menlo Park, California, and Jeffrey D. Lorenzen, CFA, chief investment officer for American Equity Investment Life Holding in West Des Moines, Iowa, were re-elected to serve a second three-year term commencing today.

CFA Institute

CFA Institute is the global association for the investment profession. It administers the CFA and CIPM curriculum and exam programs worldwide; publishes research; conducts professional development programs; and sets voluntary, ethics-based professional and performance-reporting standards for the investment industry. CFA Institute has more than 100,000 members, who include the world's 89,000 CFA charterholders, as well as 135 affiliated professional societies in 57 countries and territories.

A photo of Ms. Franklin is available upon request.

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