Margaret E. Franklin, CFA to Chair CFA Institute Board of Governors 

Media Contacts

Charlottesville , Virginia, , 1 September 2010

Margaret E. Franklin, CFA, has been elected chair of the Board of Governors of CFA Institute, the global association for investment professionals that administers the CFA and CIPM curriculum and examination programs worldwide and advocates for high standards of practice within the global investment industry. Franklin begins her one-year term today.
 
Franklin is president and CEO of Kinsale Private Wealth, Inc. in Toronto, Canada. Previously, she was a partner at KJ Harrison & Partners, where she advised high- net-worth investors. Before transitioning to the private client side of the business, Franklin spent more than a decade in institutional asset management. 

Dan S. Meader, CFA, will serve as vice chair of the Board. Meader is the founder and managing partner of Trinity Advisory Group, LP, an investment advisory and private equity investment firm located in Southlake, Texas.

Franklin heads an 18-member Board of Governors composed of investment professionals from eight countries: Canada, China, Japan, Singapore, Switzerland, the United Arab Emirates, the United Kingdom, and the United States. She succeeds Tom Welch, CFA, a 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.
 
“As the board’s vice chair, I have had the great privilege of seeing CFA Institute’s global impact at work during one of the most volatile markets,” 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.”

Based in Toronto, Franklin 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. While serving as a member of the CFA Institute Board of Governors, Franklin has been the chair of 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. 

Four new governors have been elected to serve three-year term that also commence today.  They are:

  • Giuseppe Ballocchi, CFA, head of financial engineering and risk analytics at the Trading Division of Pictet & Cie in Geneva, Switzerland;
  • Beth Hamilton-Keen, CFA, director and portfolio manager at Mawer Investment Management, Ltd. in Calgary, Canada;
  • 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 second three-year terms commencing today.

"It is a privilege to work with the dedicated leaders who have been elected by our members to govern CFA Institute,“ said John Rogers, president and CEO of CFA Institute. “As economic recovery emerges and regulatory reform unfolds, we will continue to seek the perspectives of our members and to advocate on behalf of investors around the world. Our leadership in setting the highest standards of ethics, education, and professional excellence in the investment profession continues to be recognized. I look forward to another successful year for CFA Institute.”  

Eight other governors from five countries continue to serve the remainder of their three-year terms on the Board: Saeed M. Al-Hajeri, CFA (Abu Dhabi, United Arab Emirates); Kay Ryan Booth (New York, New York); Pierre Cardon, CFA (Basel, Switzerland); Stanley G. Lee, CFA (New York, New York); Alan M. Meder, CFA (Chicago, Illinois); Jane Shao, CFA (Beijing, China); Roger Urwin (Reigate, United Kingdom); and Charles J. Yang, CFA (Tokyo, Japan).
 
Rogers serves on the Board in his full-time responsibility as CFA Institute president and CEO. Each year the CFA Institute membership votes at its annual meeting to elect new Board members.



CFA Institute

CFA Institute is the global association for investment professionals. 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 90,000 CFA charterholders, in 135 countries and territories, as well as 135 affiliated professional societies in 58 countries and territories. More information may be found at www.cfainstitute.org.