The leadership team, composed of staff members who manage their respective divisions, works in conjunction with the Board of Governors.
President and CEO, CFA Institute
915 E High Street
Charlottesville, VA 22902
Member of CFA Society Toronto
Margaret Franklin, CFA, leads CFA Institute and its more than 170,000 members worldwide in promoting the highest standards of education, ethics, and professional excellence in the investment profession. She assumed her role in September 2019 and has more than 25 years of investment and wealth management experience.
Before joining CFA Institute, Ms. Franklin led International Wealth Management for North America and was president of BNY Mellon Wealth Management, Advisory Services in Canada. She also served as a board member of BNY Mellon Trust Company (Cayman). Margaret joined BNY Mellon in 2016.
Prior to joining BNY Mellon, Ms. Franklin held multiple senior management positions, including president of Marret Private Wealth and COO of Marret Asset Management, a credit and hedge fund asset manager in Toronto. During that six-year tenure, she had direct oversight of all aspects of the private wealth business. Prior to joining Marret, Margaret was a partner with KJ Harrison & Partners.
Ms. Franklin began her career in the institutional business and has worked with pension plans, endowments, foundations, and government agencies at State Street Global Advisors, Mercer, and Barclays Global Investors.
She previously served as chair of CFA Institute Board of Governors and is a former president of the CFA Society Toronto Board. Ms. Franklin is a founding member of the CFA Institute Women in Investment Initiative, a past recipient of the Alfred C. Morley Distinguished Service Award in 2014, and a member of its Future of Finance Content Council.
She is also a member of the Michael Garron Hospital Foundation Board. Ms. Franklin earned a Bachelor of Administration in Economics from McMaster University in Ontario. She is a CFA charterholder and a member of the CFA Society Toronto.
Chief Operating Officer, CFA Institute
As chief operating officer, Mr. Ainsworth leads the global people and culture function, responsible for creating an engaging experience for our employees and stakeholders. This includes enabling the organization to attract, develop, and engage a talented, inclusive and high-performing workforce, nurturing our culture, and providing fair and consistent policies. Mr. Ainsworth’s function further supports organizational strategic objectives by providing essential business services and expertise, including enterprise project management, global real estate strategy, travel and events management, internal communications, and volunteer experience.
He is responsible for providing strategic leadership and counsel to the CFA Institute Leadership Team and Board of Governors. In his 20 years of success transforming and leading high-performing teams across complex organizations, Mr. Ainsworth aligns functions to support the organization’s vision to deliver results. His experience spans organizational effectiveness, large-scale change management, and talent-related strategy and leadership.
Most recently he was senior vice president and head of talent and organizational effectiveness at TD Bank. Prior to that he served as senior human resources partner with American Express, where he played significant role navigating the recent credit crisis. He has also held leadership roles at GMAC Insurance and State Farm Insurance.
Mr. Ainsworth holds an MBA from Wake Forest University and a Bachelor of Science in Accounting from the University of Louisiana at Monroe. He is an active volunteer in the communities in which he works, focusing on organizations that support the elderly, LGBTQ youth, and animals.
Managing Director, Information Technology and Chief Information Officer, CFA Institute
As managing director and chief information officer, Marty Colburn leads the global IT team in agile implementation of integrated technology tools, enhancing the charterholder and society experience, as well as upgrading IT’s infrastructure, architecture, and service. His priorities include architecture, application development, technology systems, operational excellence, and risk management. Additionally, he oversees the organization’s data and product management functions—essential to delivering positive digital solutions to our global customers. Mr. Colburn is based in the Charlottesville, VA, office. Before joining CFA Institute, he successfully built, transformed, and led global IT organizations at Marriott Corporation, FINRA, and Fannie Mae. As a managing partner of Cloud Partners for the past six years, Mr. Colburn developed cloud computing, security, and big data strategies and solutions for large enterprises such as American Express, Raytheon, and Xerox. He simultaneously served as CTO/CIO at the National Democratic Institute, reshaping the organization’s information technology portfolio to align with their mission and goals across 60 countries.
Mr. Colburn holds an electrical engineering degree from Montgomery College, a B.A.Sc. in accounting and finance from the University of Maryland College Park, and an advanced business management certificate from Harvard Business School.
Managing Director and Chief Marketing Officer, CFA Institute
Michael Collins is accountable for leading global marketing and customer experience, including demand generation, media relations, and customer care functions. He collaborates across the CFA Institute community to drive growth through effective planning, execution, and measurement. Mr. Collins also oversees the CFA Institute office in New York City. Prior to joining CFA Institute, he worked for both public and private companies including J.P. Morgan, Rockefeller & Company, Iomega, SAGA Software, Mercator Software, Gevity HR, and Computer Sciences Corporation (now DXC Technology). Mr. Collins holds a BA degree in communications from Rowan University in New Jersey.
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.
Managing Director, Credentialing
Peg Jobst, managing director, credentialing, leads a dedicated and talented team to develop current and future investment management professionals by delivering a relevant, accessible, and standard-setting CFA Institute portfolio of programs, globally. For the last three years, she has served as head of exam administration and security, responsible for delivering a high quality testing experience for CFA and CIPM candidates through secure, equitable, and accurate administration and grading of the CFA Institute portfolio of exams. Ms. Jobst also serves as co-lead of the Future of Exam Delivery (FED) initiative, a multi-year, multi-stage transformation from paper-pencil exam administration to computer-based testing.
Prior to coming to CFA Institute, Ms. Jobst served as executive vice president, assessments products division, at the Graduate Management Admission Council (GMAC), where she managed all products and services, research and psychometrics, as well as establishing a product development function. At GMAC, she led the organization toward a strategy and operational plan for the GMAT program, providing GMAC with more control, flexibility, and more organizational competence around its primary asset and revenue generator, the GMAT. Prior to GMAC, Ms. Jobst led the group-study department within the continuing professional education division of the AICPA. A graduate of the University of Texas, she started her career in San Antonio as a CPA auditing professional with experience in both private and publicly held companies in a variety of industries.
Managing Director and Chief Legal Officer and General Counsel, Legal & Board Services, CFA Institute
Sheri Littlefield oversees the organization's global legal services and board and corporate services function. As chief legal officer, she oversees all legal matters on a global basis and serves as advisor to CFA Institute leadership and Board of Governors. She directs and advises on global litigation, intellectual property protection strategies, transactional matters, employment issues, governance, and other in-house legal services. Ms. Littlefield has practiced law in a variety of disciplines and matters encompassing complex transactions, international litigation, environmental law, international trade controls, antitrust, and employment law, among others. Most recently, she served as general counsel at GE Industrial Solutions in Charlottesville, Virginia, where she oversaw all legal and compliance issues for the business around the world. She has served as general counsel to GE Intelligent Platforms and as counsel to the Hudson River Program for the General Electric Company, which included the implementation of one of the largest and most logistically complex environmental dredging cleanups in U.S. history. Prior to joining GE, Ms. Littlefield was counsel in the Albany office of Nixon Peabody. She is the immediate past chair of the Corporate Counsel Committee of the American Bar Association TIPS Section and vice chair of the Section's Leadership Academy. She graduated from George Washington University with a Bachelor of Arts degree in political science and a minor in Japanese. Ms. Littlefield also earned a Juris Doctor degree from Boston University School of Law.
Managing Director, Professional Learning
Barbara Petitt leads the organization’s professional learning team, responsible for offering high-quality, practitioner-relevant educational content to help members and industry professionals strengthen their knowledge, skills, and competencies. She started in the London office as Director of Curriculum Projects, EMEA, and then served as head of journal publications and managing editor of the Financial Analysts Journal. More recently, she served as senior head of curriculum and learning experience, leading the team responsible for the curriculum and all study tools for the credentialing programs, and overseeing the migration of these programs to the Learning Ecosystem, a state-of-the-art digital platform.
Prior to joining CFA Institute, Barbara Petitt worked in consulting and held faculty positions in higher education in the United States, France, and the United Kingdom. She also served as Director of Online Studies at Laureate Online Education. Her expertise is in designing, developing, and delivering educational products and services that serve corporate clients’ and adult learners’ needs. She holds the CFA charter and a Ph.D. in Finance from the University of Grenoble Alpes and a Masters in Management from EDHEC Business School.
Managing Director, Regions and Society Relations, CFA Institute
Lutfey Siddiqi leads the organization’s engagement, liaison, and partnership with members and stakeholders, including industry and academia. His regional and society relations teams around the world are charged with relationship management, representing the voice of the customer, and delivering on the CFA Institute mission in alignment with local market contexts.
Lutfey is a Visiting Professor-in-Practice at the London School of Economics (IDEAS) and an Adjunct Professor at the National University of Singapore (Risk Management Institute). He is a member of the World Economic Forum Future Council on Fiscal & Monetary Policy, having previously served on the councils for the future of financing and long-term investing.
His industry experience includes stints at Deutsche Bank, Barclays and latterly UBS Investment Bank where he was Global Head of Emerging Markets for FX, Rates and Credit, and founding head of UBS Knowledge Network.
Lutfey was born in Bangladesh, went to school in the UAE, Namibia and Wales, university in England, and has worked in London, Zurich, and Singapore, mostly in multi-regional, client-facing roles.