Executive Committee

Purpose

The purpose of the Executive Committee is to assist the Board of Governors of CFA® Institute in the orderly and fair governance of CFA Institute by, among other things, acting on behalf of the Board within the scope of the Committee’s authority and overseeing the functions, operations and activities of the Board and its committees.

Want to get in touch?
Contact the Executive Committee.

Members

Non-executive Chairman, MUFG Securities EMEA plc, and Non-executive Chair, Financial Services Compensation Scheme (FSCS)

Marshall has substantial experience of leading complex international committees and boards. His background spans a range of sectors, including banking and capital markets, insurance, and regulation. His career spans over 30 years on three continents. In June 2018, he was made an Officer of the Most Excellent Order of the British Empire (OBE) for his contribution to financial services, and to charity. He cares passionately for financial literacy, market confidence, and good outcomes for investors.

Marshall Bailey is Chairman of MUFG Securities EMEA and MUS(Asia) in Hong Kong, and also Chairs the Financial Services Compensation Scheme, as appointed by the FCA and Bank of England. In the past he has been Chairman of CIBC World Markets Plc in London, a Representative of the Saudi Arabian Public Investment Fund (PIF), on the board of the largest bank in the Kingdom, National Commercial Bank, Jeddah, where he was Chair of the Group Risk Committee, announcing a $15 billion merger with Samba Financial Group. Also, as Chairman, he completed a consolidation of LCH Group Holdings, the world’s largest derivatives central clearing house, while on the Board of its parent, the London Stock Exchange Group, during their $29 billion acquisition of Refinitiv. On these boards he has Chaired, or been a member of the Nominations, Risk and Remuneration Committee.

Marshall holds a BA in Political Science from the University of Winnipeg, a Master of Arts in International Affairs and History from the Graduate Institute of International and Development Studies in Geneva, Switzerland, and is a Chartered Financial Analyst. He has also completed the FT Non-Executive Directors' Diploma, and is currently completing the Certificate in ESG Investing, offered by CFA Institute via the UK. In his spare time, Marshall is a sailor and is a qualified Ocean Yachtmaster with the Royal Yachting Association. He also buys himself a new putter each year in his seemingly futile pursuit of lower golf scores.

President and CEO

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.

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.

Advisory Council Member, Lovell Minnick Partners

Dr. Heinz J. Hockmann is a member of the Advisory Council of Lovell Minnick Partners LLC, a private equity company and buyout manager focusing on financial services and business services.

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 formed its asset management business for international institutional clients and later built the bank’s global asset management platform. Afterwards, he ran the Management Board of Westfalenbank AG, a midsize bank for corporate and private clients, investment banking, and asset management. He then joined Fortis Investments and expanded its asset management business in Germany, Austria, and Eastern Europe.

In 2008, Heinz co-founded Silk Invest, an investment management company specialized in frontier markets and became its Non-Executive Chairman. He serves on the boards of several German companies in the financial services sector including WWK, a major German insurance company, Ökoworld, a pioneer in the field of ecological and ethical investments, as well as GET Capital, a quantitative asset management company with a focus on artificial intelligence.

Heinz holds a master’s degree from Bochum University, where he also received his PhD in 1983. He became Professor for Banking and Finance at Justus-Liebig University in Giessen in 2017.

Discover the committees and councils driving our mission

From steering key initiatives to shaping the profession’s future, our committees and councils play an essential role in our success. Explore the wide array of committees and discover how members collaborate with staff to drive meaningful change.

View committees and councils

I'm looking for:

Executive Committee

Purpose

Members

Executive Committee charter

Nominating process and election

Discover the committees and councils driving our mission