Governance Committee CharterView charter (PDF)
The purpose of the Governance Committee (the “Committee”) of the Board of Governors (the “Board”) of CFA Institute is:
- To oversee the Board, committee and Governor evaluation process;
- To develop, review periodically and recommend amendments to CFA Institute’s corporate governance practices, processes and structures, as reflected in the articles of incorporation, bylaws, governance guidelines, committee charters, delegations of authority, job descriptions for Governors and officers who serve on the Board, and other relevant policies, practices and procedures;
- To consult with the Chair of the Board of CFA Institute (the “Board Chair”) as to Board committee leadership and composition;
- To evaluate performance of the Board Chair and provide feedback to the Board Chair as to his or her performance; and
- To provide oversight of the governance policies relating to its engagement with members.
Director, Federal National Mortgage Association
Member of CFA Society Boston
Diane C. Nordin, CFA, is a director at Fannie Mae and Antares Capital and a former partner at Wellington Management Company. At Wellington, she held several roles—including director of fixed income, director of global relationships management, and director of fixed-income management—and served on numerous committees. Previously, Nordin worked at Fidelity Investments and Putnam Advisory Company. She is a trustee of Wheaton College and a board member of Massachusetts College of Art and Design Foundation and the Appalachian Mountain Club. Nordin is a member of the CFA Society Boston and a graduate of Wheaton College.
Advisory Council Member, Lovell Minnick Partners
Dr. Heinz J. Hockmann began as an advisor to LMP in 2012. As an independent consultant, Heinz works closely with LMP’s investment professionals and assists in deal sourcing, investment evaluation and due diligence on European and international asset management opportunities. Because of Heinz’s operating company experience, in addition to his activities on behalf of LMP, he may from time to time serve as a portfolio company director.
Heinz was an executive officer at Commerzbank AG in Germany for nearly twenty years and was a Member of the Management Board of the Bank with responsibilities for asset management, private banking and investment banking. Earlier in his career at Commerzbank, he founded its asset management business for international institutional clients and built the bank’s global asset management platform. He then joined Fortis Investments and developed its asset management business in Germany, Austria and Eastern Europe.
In 2008, Heinz co-founded Silk Invest, an investment management company headquartered in London and specialized in frontier markets with offices in various African and Middle Eastern countries. He serves on the Board of Silk Invest as well as the boards of several German companies in the financial services sector including WWK, a major German insurance company.
Heinz holds a master’s degree from Bochum University where he also received his Ph.D. in 1983. He is a lecturer for Investment Banking and Commercial Banking at the Justus-Liebig University in Giessen.
Non-Executive Director, Eni S.p.A.; Non-Executive Director, Business for Social Responsibility Chairman, Tainted Assets Initiative; Co-Founder, Climate Governance Initiative
Karina Litvack serves on a number of boards and advisory bodies in the UK, Italy, and the US, following a 25-year career in finance and investment management, where she developed a particular expertise in corporate governance, business ethics and sustainability. She serves as an independent non-executive director on the Board of Italian oil & gas company Eni SpA, currently on the Control & Risks Committee and the Sustainability & Scenarios Committee, having previously also been a member of the Compensation Committee. She also serves on the Board of Directors of Business for Social Responsibility (BSR); the Senior Advisory Panel of oil & mining sector consultant Critical Resource; the Global Advisory Council of boutique investment bank Cornerstone Capital Inc.; the Advisory Council of private equity firm Bridges Fund Management Ltd.; and the Transparency International-UK Advisory Council.
Until 2013, Karina ran the Governance and Sustainable Investment activities of UK asset manager F&C Investments*, focusing on equity research, shareholder activism and public policy engagement.
A dual Canadian and French national, Karina holds an MBA in Finance and International Business from Columbia University Graduate School of Business in New York and a BA in Political Economy from the University of Toronto.
* now BMO Global Asset Management, a unit of the Bank of Montreal