New Members of Board of Governors at CFA Institute

CFA Institute, the global association of investment professionals, today announces its Board of Governors, effective 1 September 2024, for the new fiscal year at CFA Institute.

Marshall Bailey, CFA, will serve as Chair of the Board of Governors and Heinz Hockmann, PhD, will continue in his role as Vice Chair of the Board of Governors. In addition, the Board of Governors welcomes four new governors, namely: Jennifer Garbowicz, CFA, CIPM; Ravi A. Gautham, CFA; Lindsey Matthews, CFA, CIPM; and Vipin Mayar. Board members were elected by the membership at the Annual Meeting of Members on 31 July.

“I am honoured to step into the role of Chair of the Board of Governors for CFA Institute,” said Marshall Bailey, CFA, Chair of the Board. “CFA Institute is world-renowned for its contributions to the investment industry. We are incredibly proud of this distinguished position and as we progress in this fiscal year, we will leverage our strategy to embrace the many opportunities to support investment professionals across the globe. Our strategy is one of inclusive growth while maintaining our customary high standards. It is a truly exciting time to be part of this dynamic organisation.”

“As Marshall takes the helm, I would like to note that it has been a privilege to serve CFA Institute as Board Chair for the past three years,” said Mark Lazberger, CFA, outgoing chair of the Board. “I am honored to have made a contribution to the organization’s rich legacy. I know CFA Institute will be in very good hands with Marshall as the new Board chair. His depth of experience in both operating and board roles will serve the organization well.”

Incoming Board Chair Marshall Bailey, CFA, has served on the CFA Institute Board of Governors since 2020 and has served as a member of the Risk Committee and the Society Partnership Advisory Council. In addition, Bailey has served as a Board Member for CFA Society® United Kingdom. He earned his CFA charter in 1994.

Bailey has had an extensive career across the financial services and banking industries. Of the 35 years in financial services, he has spent more than a decade serving on various boards, providing guidance to leadership teams on organizational strategy and leadership. This includes current positions on the boards of MUFG Securities EMEA plc and MUFG Securities Asia in Hong Kong, and is just finishing as Chair of the Financial Services Compensation Scheme (FSCS), a UK regulatory body.

Bailey holds a Bachelor of Arts from the University of Winnipeg, a Master of Arts from the Graduate Institute of International Affairs in Geneva, and a Diploma from the Non-Executive Directors’ Course from FT/Pearson.

The FY2025 CFA Institute Board of Governors comprises a diverse group of 14 members who reside in eight countries, namely: Australia, Canada, China, Germany, India, Nigeria, United Kingdom, and the United States. CFA Institute membership elects Board officers for a one-year term and Governors for a three-year term. CFA Institute fiscal years run from September 1 to August 31.

The full list of Board of Governors members for the new FY2025 term is:

Marshall Bailey, CFA, (United Kingdom) Chair, Non-Executive Chairman, MUFG Securities EMEA plc

Heinz Hockmann, PhD, (Germany) Vice Chair, Member, Advisory Council, Lovell Minnick Partners LLC

Oyebanji Fehintola, CFA, (Nigeria) Senior Director, Africa Finance Corporation

Margaret Franklin, CFA, (Canada) President and Chief Executive Officer, CFA Institute

Mei Gao, CFA, (United States/China) Partner, Portfolio Manager, IDG Capital

Jennifer Garbowicz, CFA, CIPM, (United States) West Florida Market President, BNY Mellon Wealth Management

Ravi A. Gautham, CFA, (India) Senior Vice President, Head of Northern Trust Asset Management, India

Joanne Hill, PhD, (United States) Chief Advisor, Research and Strategy, Vest Financial

Yimei Li, CFA, (China) CEO, China Asset Management Co. Ltd.

Lindsey Matthews, CFA, CIPM (United Kingdom) Chief Risk Officer, USS Ltd.

Vipin Mayar, (United States) Executive Vice President, Head of AI Innovation, Fidelity Investments

Tricia Rothschild, CFA (United States) Operating Partner, Advent International

Maria Wilton, CFA, (Australia) Chair, Spirit Super

Pamela Yang, CFA, CPA, CGMA, (United States) Managing Director, Chief Operating Officer, The Bulfinch Companies, Inc

For more information regarding the CFA Institute Board of Governors, please visit: https://www.cfainstitute.org/en/about/governance.