New Members of Board of Governors at CFA Institute

CFA Institute, the global association of investment professionals, today announces its Board of Governors, effective 1 September 2025, for the new fiscal year.

Marshall Bailey, CFA, has been re-elected and will continue in his role as Chair of the Board of Governors through the end of FY2026, at which point he will complete his service as Chair and as a Board member. Tricia Rothschild, CFA, has been elected to serve as Vice Chair. In addition, the Board of Governors welcomes one newly elected member, Kyung wook Hur, CFA, and two current governors for a second term, Oyebanji Fehintola, CFA, and Mei Gao, CFA. Board members were elected by the membership at the Annual Meeting of Members on 22 July. 

“CFA Institute is focused on expanding the global influence of our programs, evolving our professional learning portfolio with a further focus on skills, and elevating the role of ethics and standards in an increasingly complex financial landscape,” said Marshall Bailey, CFA, Chair of the Board of Governors. “To deliver on this ambitious agenda, we need thoughtful and experienced leaders around the Board table. This Board brings the range of expertise, regional insight, and strategic clarity required to move our mission forward. I’m especially pleased to welcome Kyung wook Hur to the Board and congratulate Oyebanji Fehintola and Mei Gao on their re-election, as well as Tricia Rothschild on her election as Vice Chair. We are grateful for their commitment to the profession and our organization.”

“The investment profession is undergoing fundamental change, from the impact of AI to sustainability, private markets, and evolving client needs,” said Margaret Franklin, CFA, President and CEO of CFA Institute. “We are deeply appreciative of each governor for their time, insight, and unwavering dedication, all of which they contribute on a volunteer basis. Their leadership enables us to deliver on our mission and support the global investment community.”

Incoming Vice Chair Tricia Rothschild has served on the CFA Institute Board of Governors since 2019 and previously held the position of Vice Chair in FY2022 and FY2023. Her experience with CFA Institute, as well as with mission-oriented organizations across industries, makes her highly qualified to serve in this position. 

First-time Board member Kyung wook Hur, CFA, is a public policy and finance expert with more than three decades of experience. Hur has served as 1st Vice Minister of Strategy and Finance for the Republic of Korea, Ambassador to the OECD, and in senior roles at the IMF and World Bank. He is currently Senior Advisor to Bae Kim & Lee LLC and Chairperson of the Seoul Financial Forum. He is a founding member of CFA Society Korea and is the first CFA Institute Board member from Korea. His broad international experience and leadership in financial regulation will bring a valuable perspective to the Board.

Oyebanji Fehintola, CFA, and Mei Gao, CFA, were each re-elected to serve a second term on the Board of Governors. Fehintola is Executive Director and Head of Financial Services at Africa Finance Corporation and has held several leadership roles with CFA Society Nigeria. Gao is a Partner at IDG Capital and a member of CFA Society Beijing.

The FY2026 CFA Institute Board of Governors comprises 14 members who reside in eight countries: Canada, China, Germany, India, Nigeria, Republic of Korea, United Kingdom, and the United States. CFA Institute membership elects Board officers for a one-year term and Governors for three-year terms. CFA Institute fiscal years run from 1 September to 31 August.

The full list of Board of Governors members for the new FY2026 term is: 

• Marshall Bailey, CFA, (United Kingdom) Board Chair, CFA Institute
• Tricia Rothschild, CFA, (United States) Operating Partner, Advent International
• Oyebanji Fehintola, CFA, (Nigeria) Executive Director & Head, Financial Services, Africa Finance Corporation
• Margaret Franklin, CFA, (Canada) President and Chief Executive Officer, CFA Institute
• Jennifer Garbowicz, CFA, CIPM, (United States) West Florida Market President, BNY Wealth
• Ravi Gautham, CFA, (India/United States) Senior Vice President and Head, Alternative Investments and Multi-Asset Investment Risk Management, Northern Trust Asset Management
• Mei Gao, CFA, (United States/China) Partner, IDG Capital
• Joanne Hill, PhD, (United States) Chief Advisor, Research and Strategy, Vest Financial
• Heinz Hockmann, PhD, (Germany) Member, Advisory Council, Lovell Minnick Partners LLC
• Kyung wook Hur, CFA, (Republic of Korea) Senior Advisor, Bae Kim & Lee LLC
• Lindsey Matthews, CFA, CIPM, (United Kingdom) Chief Risk Officer, USS Ltd and USS Investment Management Ltd
• Vipin Mayar, MBA, (United States) Executive Vice President, Head of AI Innovation, Fidelity Investments
• Yimei Li, CFA, (China) CEO, China Asset Management Co. Ltd.
• Pamela Yang, CFA, CPA, CGMA (United States) Chief Financial Officer, Social Finance 

For more information regarding the CFA Institute Board of Governors, please visit: https://www.cfainstitute.org/en/about/governance.