Future of Finance Advisory Council
The advisory council is composed of a diverse group of experts from finance, education, and the media. It provides oversight for the Future of Finance project and offers independent and strategic advice to CFA Institute staff on the project’s areas of focus.
Roger Urwin is global head of investment content and advisory director at Towers Watson. Previously, he was global head of its investment practice and worked at William Mercer and Gartmore Investment Management. Mr. Urwin is the author of a number of papers on asset allocation policy and manager selection and serves on the board of the Institute for Quantitative Investment Research and as advisory director to MSCI. He holds a master's degree in applied statistics from Oxford University and has qualified as a fellow of the Institute of Actuaries.
Member of CFA Society United Kingdom
Elizabeth Corley, FSIP, is non-executive vice chair of Allianz Global Investors, where she was CEO from 2005 to 2016, first for Europe and then, since 2012, globally. She was previously at Merrill Lynch Investment Managers (formerly Mercury Asset Management), having spent twenty-three years in the asset management industry. Prior to that, she was a consultant, then partner at Coopers & Lybrand, and also worked in the life and pensions industry. Corley is acting chair of the FICC Markets Standards Board UK, a member of the ESMA stakeholder group, a board member of the Investment Association (UK), and on the advisory council of TheCityUK and the AQR Institute of Asset Management. She is also a member of the CEO Forum of European Asset Managers (FEAM) management committee, currently serves on the Future of Finance Advisory Council and previously served on the Board of Governors of CFA Institute. She was made a Fellow of CFA Society of the UK in 2015 and is a liveryman of the Worshipful Company of Marketors. Corley was named asset management CEO of the year by Financial News in 2011. She is a non-executive director of BAE Systems plc, Pearson plc (and remuneration committee chair), the Supervisory Board of Euler SA, and the Financial Reporting Council. Corley is a member of the Committee of 200 and a Fellow of the Royal Society of Arts. From October 2016, Corley will be a trustee of the British Museum and currently serves on their investment subcommittee. She is also a published crime fiction author.
Angelien Kemna is a non-executive director and member of the audit committee at AXA Group. Previously, she was chief finance and risk officer at APG Group and formerly served as CEO of ING Investment Management Europe. Ms. Kemna was also endowed professor of corporate governance at Erasmus University Rotterdam. She serves on the investment board of Railpen, the investment manager of the U.K. Pension fund RPMI, and she has served as vice-chairman of the supervisory committee of AFM, the Dutch financial industry regulator appointed by the Ministry of Finance. Ms. Kemna has held several other positions on the boards of Duisenberg School of Finance, Child and Youth Finance International, and the supervisory board and audit committee of University of Leiden. She holds an MSc degree in operations research and a PhD degree in finance from Erasmus University Rotterdam.
Colonial First State Global Asset Mgmt.
Level 30, 52 Martin Place
Sydney, NSW 2000 Australia
Member of CFA Society Sydney
Mark Lazberger, CFA, is the chief executive officer for Colonial First State Global Asset Management (CFSGAM). In his role, Lazberger leads the global asset management business which is a wholly owned division of the Commonwealth Bank of Australia. The business operates under the name of Colonial First State Global Asset Management in Australia and as First State Investments internationally. The business is a global specialist investment manager operating in 15 locations across the world covering Europe, Middle East and Africa, Asia, North America, and Australia and New Zealand. Lazberger has responsibility for more than $160 billion in funds and assets under management across equities, debt, infrastructure, and property. He oversees the performance and strategic direction of all vehicles managed by the business. Prior to joining CFSGAM in September 2008, Lazberger was President, International and Executive Vice President of State Street Global Advisors (SSgA). Before this, he was Head of International Businesses, President and CEO of State Street Japan, and a Principal and Regional Managing Director of SSgA's businesses in Japan and Australia. He joined State Street in 1991. Lazberger has a Bachelor of Commerce (University of Western Australia), earned the Chartered Financial Analyst (CFA) designation, and sits on the Board of Governors of the CFA Institute. He is also a Director of the Australian Financial Markets Association and the Sydney Theatre Company.
Virginie Maisonneuve, CFA, is chief investment officer at Eastspring Investments, the Asian asset management business of Prudential plc. She is responsible for the management and investment performance of Eastspring’s spread of asset classes in Asia, including equities, fixed income, multi-asset solutions, quantitative solutions, and alternatives (including private equity and infrastructure). Ms. Maisonneuve is also a member of the Eastspring Executive Committee. With more than 30 years of global asset management experience, she has also worked for PIMCO as managing director, chief investment officer of equities. Prior to joining PIMCO, she served as head of global equities, director, and portfolio manager at Schroders. Ms. Maisonneuve has also worked at a number of major asset management firms, including Clay Finlay, State Street Research, Batterymarch, and Martin Currie. She achieved a strong track record as a long-term investor in managing institutional and retail mandates across global, European, emerging market, and Asian equities, becoming one of the first investors to launch a China equity fund in the United States. While managing funds directly, Ms. Maisonneuve was a top-rated fund manager and was named as one of the top women in finance in Europe from 2008 to 2014. In 2014, she was selected by industry members for Money Management Executive’s inaugural Top Women in Asset Management Awards. Ms. Maisonneuve served as the chair of the CFA Society UK Gender Diversity network from 2015 to 2016 and as a member of the advisory council of the International Crisis Group. She is also a member of the CFA Institute Future of Finance Advisory Council. Ms. Maisonneuve holds a bachelor’s degree in political economics from the People’s University, Beijing, a master’s degree in Mandarin Chinese from Dauphine University in Paris, and an MBA from the Ecole Superieure Libre des Sciences Commerciales Appliquees.
Hiro Mizuno is executive managing director and chief investment officer of Japan’s Government Pension Investment Fund. Previously, he was a partner at Coller Capital, a private equity firm, and he also worked at Sumitomo Trust & Banking Co., Ltd. Mr. Mizuno is a member of PRI’s board and Asset Owner Advisory Committee and co-chair of the Milken Institute’s Global Capital Markets Advisory Council. He is an executive adviser to the Japanese cabinet on health care and medical growth strategy, a member of the Japanese Government Strategic Funds Integrated Advisory Board, and a member of the Ministry of Education, Culture, Sports, Science and Technology Japan National University Evaluation Committee. Mr. Mizuno is also an adviser to the Office of the President of the University of Tokyo, a guest professor at the Osaka University Graduate School of Medicine, an adviser to Kyoto University’s Center for iPS Cell Research and Application, and a guest professor at the Kindai University Global Economic Research Center. In addition, he is a senior fellow of the Tel Aviv University Graduate School of Management and a member of the International Executive Committee for the Einstein Legacy Project. Mr. Mizuno was honored with an Outstanding Individual Contribution RI Award for Innovation & Industry Leadership 2017. He has an MBA from Northwestern University’s Kellogg School of Management.
Executive and Research Director, Stanford Global Projects Center, Stanford University
Ashby Monk is the executive and research director of the Stanford Global Projects Center. He is also a senior research associate at the University of Oxford and a senior adviser to the chief investment officer of the University of California. Dr. Monk’s research and writing has been featured in numerous media outlets, including the Economist, the New York Times, the Wall Street Journal, the Financial Times, Institutional Investor, Forbes, and National Public Radio. His current research focus is on the design and governance of institutional investors, with particular specialization in pension and sovereign wealth funds. Dr. Monk holds a bachelor’s degree in economics from Princeton University, a master’s degree in international economics from the Université Paris 1 Panthéon-Sorbonne, and a PhD in economic geography from the University of Oxford.
Ng Kok Song is Chairman and Founding Partner of Singapore-based Avanda Investment Management. He was Chief Investment Officer of GIC (Government of Singapore Investment Corporation) until 2013. For over 42 years, he was involved in the investment of Singapore’s foreign reserves. Before joining GIC in 1986, Mr. Ng was at the Ministry of Finance (1970-71) and the Monetary Authority of Singapore (1972-1986). The Singapore Government awarded him the Meritorious Service Medal in 2012. He was the founding chairman of the Singapore International Monetary Exchange (SIMEX), now incorporated into the Singapore Exchange. Mr. Ng is also the founding chairman of the Wealth Management Institute, a director of the Singapore Labour Foundation, and a member of the Strategic Committee at Agence France Trésor. Mr. Ng holds a degree in physics from the National University of Singapore and a degree in management from Stanford University..
Jonathan B. Stein, CFA, is CEO and founder of Betterment. With experience from his career of advising banks and brokers on risk and products, he founded Betterment in 2008. Mr. Stein passed the Financial Industry Regulatory Authority (FINRA) Series 7, 24, and 63 exams. He is a graduate of Harvard University and Columbia Business School.
Alison Tarditi is Chief Investment Officer of the A$39b Australian Commonwealth Government pension fund. Prior positions include Director of Equity Strategy, Citigroup Australia; Head of Quantitative Asset Allocation, BT Funds Management; and Head of Financial Conditions, Reserve Bank of Australia. Ms. Tarditi has been the Chairman of the long-term investing councils for the World Economic Forum (WEF) since 2014 and is currently Co-Chair of the WEF’s Long-term investing, infrastructure and development Council. In a pro bono capacity, Ms. Tarditi is a Director on the Board of Australian Corporate Engagement Firm, Regnan; the Chairman of the Investment Advisory Board and a Director on the Eastern Territorial Advisory Board of the Salvation Army in Australia; a Director on the Foundation Board and Finance committees of the Art Gallery of New South Wales; and a member of the CFA Institute Advisory Committee on the Future of Finance. Ms. Tarditi has a first class Honours degree and University Medal from James Cook University and a Masters of Science from the London School of Economics, both earned under scholarships from the RBA.