Investment Subcommittee CharterView charter (PDF)
The purpose of the Investment Subcommittee (the “Subcommittee”), is to carry out the responsibilities delegated by the Board of Governors (the “Board”) of CFA Institute regarding oversight of CFA Institute’s financial reserves (the “Reserves”), consistent with Board directives.Contact the Investment Committee
Investment Professional & Board Member. Independent Director, Infosys, JSW Steel, Bharat Financial & Others. Managing Partner, Pacific Paradigm Advisors Boston/India
Member of CFA Society Boston
Punita Kumar-Sinha, PhD, CFA, has focused on investment management and financial markets during her 30-year career. She also has significant governance and Board experience across India and North America. Ms. Kumar-Sinha has been investing in emerging markets since the late 1980s and pioneered some of the first foreign investments in the Indian subcontinent in the early 1990s. Currently, she is the Founder and Managing Partner, Pacific Paradigm Advisors, an independent investment advisory and management firm focused on Asia. She serves as an Independent Director and Senior Advisor for several companies in India. Prior to this, Ms. Kumar-Sinha was a Senior Managing Director of Blackstone and the Head & Chief Investment Officer of Blackstone Asia Advisors. Ms. Kumar-Sinha was also the Senior Portfolio Manager and CIO for The India Fund (NYSE: IFN), one of the largest India funds in the US, for almost 15 years; during this time, she managed several Asia funds as well. Prior to joining Blackstone, Ms. Kumar-Sinha was a Managing Director and Senior Portfolio Manager at Oppenheimer Asset Management Inc. and CIBC World Markets, where she also managed India and Asia funds. She has also worked at Batterymarch (a Legg Mason company), Standish Ayer & Wood (a BNY Mellon company), JP Morgan, and IFC/World Bank. Ms. Kumar-Sinha is frequently featured in the media and at global conferences as an expert commentator on Asian capital markets and women’s issues. She has also anchored many TV shows on major economic trends, key policy issues for India, and global capital markets. Ms. Kumar-Sinha has a PhD and a master’s in Finance from the Wharton School, University of Pennsylvania. She received her undergraduate degree in Chemical Engineering with Distinction from the Indian Institute of Technology, New Delhi. She has an MBA and is a CFA charterholder. Ms. Kumar-Sinha is a member of CFA Institute, a member of the Boston Security Analysts Society, a TiE Charter Member, and a member of the Council on Foreign Relations. Ms. Kumar-Sinha has been awarded the Distinguished Alumni Award from IIT Delhi.
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
CFA Institute Staff Appointment
Managing Director and Chief Compliance, Risk and Ethics Officer, CFA Institute
Member of CFA Society Washington, DC
Managing Director, CFO/COO, Pelargos Capital
Partner, Lingfeng Capital Management
Chief Financial Officer
Chief Financial Officer, CFA Institute
Allison Holmes is chief financial officer of CFA Institute, responsible for leading the global finance organization and for ensuring a strong financial partnership with the organization’s leadership team and Board of Governors, as well as robust collaboration with member societies, in order to support operations, initiatives, strategic planning, and execution.
Her career has been both diverse and global: born and educated in the UK; located at various times in New York City and the UK (London and Glasgow); and leading various responsibilities and teams spanning the Americas, EMEA and Asia Pacific. Ms. Holmes has more than 20 years of leadership experience gained from senior positions, primarily at Morgan Stanley and also at Citigroup, Barclays, and J.P. Morgan Chase.
Her experience is focused on strategic financial planning, data analytics, multiple disciplines of financial control and reporting, operations, controls management, internal audit, and leading strategic change programs to reduce cost, solve problems, identify and leverage business opportunities, and meet global financial and regulatory goals. She also focuses on development of diverse talent and lifelong learning to drive innovation and positive change.
Ms. Holmes is a fellow of the Association of Chartered Certified Accountants and holds a Bachelor of Science (Honors) degree in mathematics and physics. She is based in New York City and lives in Connecticut with her husband and two sons.
Treasurer, CFA Institute