CFA Institute Recognizes Four Individuals for Outstanding Service to the Investment Profession
In an era where the bar for investment management professionals has never been higher, CFA Institute, the global association of investment management professionals, has announced the recipients of its annual CFA Institute Awards for their outstanding contributions to the investment profession. The news comes from the 69th CFA Institute Annual Conference, taking place in Montreal, Canada, where more than 1,500 dedicated investment management professionals from around the world are gathering to hear top industry leaders to share insights and ideas to shape professionalism and industry standards. Award presentations will be held over the coming months at events in Canada, and the United States, kicking off today with Professor John Kay, FSIP, who receives his award at the CFA Institute Annual Conference.
The awards winners are:
- John Kay, FSIP, visiting professor of Economics at the London School of Economics and Financial Times columnist, receives the Leadership in Professional Ethics and Standards of Investment Award, in honor of Daniel J. Forrestal III, in recognition of championing the pursuit of excellence in professional ethics and standards of practice.
- Raymond J. DeAngelo, former managing director at CFA Institute, receives the Distinguished Service Award, in honor of Alfred C. “Pete” Morley, in recognition of significant contribution to CFA Institute through leadership and outstanding service.
- Leyla G. Kassem, CFA, director of Client Relations at Wells Fargo Asset Management, receives the Special Service Award, in recognition of extensive and exceptional services over many years to CFA Institute.
- Douglas R. Lempereur, CFA, CIPM, FRM, director, Regulatory Operations Performance Analysis and Investment Risk at Franklin Templeton Investments, receives the Outstanding Contribution to CFA Institute Education Programs Award, in honor of C. Stewart Sheppard, in recognition of his outstanding contributions to encourage continuing education in the profession.
“The CFA Institute Awards embody the mission of the organization to lead the investment profession globally by promoting the highest standards of ethics, education, and professional excellence for the ultimate benefit of society,” said Paul Smith, CFA, president and CEO of CFA Institute. “Building a stronger, more trustworthy investment management profession requires bold leadership and a renewed commitment to the highest standards of fiduciary duty. The individuals that we honor today embody these traits and are strong supporters for CFA Institute in its quest to lead the conversation on policy, research, standards, and impact on the profession.”
John Kay, FSIP, is a visiting professor of Economics at the London School of Economics and a fellow of St. John’s College, Oxford. Previously, he was director of Saïd Business School, University of Oxford. Professor Kay is a fellow of the British Academy, the Royal Society of Edinburgh, and CFA Society of the UK, and chaired the review of equity markets and long term decision making for the UK government. Kay is chair of the CFA Institute Future of Finance Advisory Council, a long-term global effort to shape a trustworthy, forward-thinking financial industry that better serves society. He is a director of several public companies, contributes a weekly column to the Financial Times, and is the author of several books.
Douglas R. Lempereur, CFA, CIPM, FRM, heads up Regulatory Operations for the Performance Analysis and Investment Risk Department at Franklin Templeton Investments. In this role, he oversees efforts to ensure that risk management processes are implemented and in compliance with regulatory requirements and that regulatory reporting needs related to performance and risk are met across the firm. Lempereur is a CFA Charterholder and holds a Certificate in Investment Performance Measurement (CIPM), and has earned the Financial Risk Manager (FRM) designation. He has been actively involved with CFA Institute since 1980. Lempereur will receive his award in September at the CFA Institute 20th Annual GIPS Standards Conference.
Raymond J. DeAngelo was previously responsible for Special Projects, and the Stakeholder Services, Marketing, and Communications division at CFA Institute. DeAngelo spearheaded the organization's domestic and global efforts to promote recognition of the CFA designation through public relations, communications, and advertising, and oversaw management of the CFA Institute brand. Throughout his career with CFA Institute he has worked to integrate new offshore societies and members into the association. Previously at CFA Institute, DeAngelo played a pivotal role in reshaping and relaunching the standard setting and policy arm of CFA Institute, with the aim to develop timely, practical solutions to global capital market issues. DeAngelo will receive his award in October at the CFA Institute Board of Governors meeting in Charlottesville,Va.
Leyla Kassem, CFA, is a director of Client Relations at Wells Fargo Asset Management. Previously, she was a senior relationship manager for institutional separate accounts focusing on Fundamental Growth Equity clients. Ms. Kassem is the past president of the CFA Society of Minnesota and previously served as a regional President's Council Representative for CFA Institute. Kassem was also a member of the Nominating Committee of the CFA Institute Board of Governors for two years, Council of Examiners for five years, and served as a CFA exam grader for seven years. Kassem will receive her award at the CFA Institute Americas Regional Meeting in October.
The awards program supports the organization’s Future of Finance initiative and comes at a time when CFA Institute celebrates Putting Investors First Month in May. This annual program aims to unite investment professionals in a commitment to place investor interests above all others. Throughout the month, many of the organization’s 147 member societies worldwide will host local events and call attention to the needs and rights of investors in order to foster a market environment where both investment professionals and investors can thrive.
CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors’ interests come first, markets function at their best, and economies grow.