New Members of Board of Governors at CFA Institute

Pamela Yang, CFA, new Board Chair; Richard Brandweiner, CFA, and Virginie Maisonneuve, CFA, join the Board of Governors

NEW YORK--(BUSINESS WIRE)-- CFA Institute, the global association of investment professionals, today announces its Board of Governors, effective 1 September 2026, the beginning of the new fiscal year.

Pamela Yang, CFA, CPA, will serve as Chair of the Board, having been re-elected by the membership to serve a second, three-year term as governor. Heinz Hockmann, PhD, will continue to serve as Vice Chair. The Board also welcomes two newly elected governors: Richard Brandweiner, CFA, and Virginie Maisonneuve, CFA. Members elected the new Board members at the Annual Meeting of Members on 17 June, 2026.

"It is an honor to serve as Chair of the Board of Governors," said Pamela Yang, CFA, CPA. “I want to thank Marshall Bailey, OBE, CFA, for his leadership and stewardship as Chair. His partnership with societies and his commitment to advancing governance standards leaves us in a strong position to continue to fulfill our mission. As Chair, I look forward to building on that strength to guide the organization's long-term strategic direction and to ensure that CFA Institute continues to lead with the gold-standard CFA Program while adapting to the ever-evolving external environment. We will meet the needs of our members, our societies, investment professionals, and employers while remaining grounded in the principles and ethical values that have guided the organization for nearly 80 years. I also want to welcome Richard and Virginie to the Board and acknowledge all of my fellow governors for their continued voluntary service and dedication to CFA Institute."

Marshall Bailey, OBE, CFA, outgoing Board Chair said: “Investment professionals are navigating profound change, and I believe that creates an important opportunity for CFA Institute to continue leading through our flagship CFA Program and other educational offerings, research, events, and the ethical standards that have always set our organization apart. As my Board tenure concludes, I remain very confident in the organization’s ability to lead through change.”

"I'm excited to partner with Pamela, Heinz, and the entire Board as we continue building on the strong foundation of CFA Institute," said Tricia Rothschild, CFA, Interim President and CEO of CFA Institute. “I thank Marsh for his leadership as Chair and look forward to working alongside the Board as we continue delivering on that mission for our members, candidates, and the broader investment profession."

Incoming Board Chair Pamela Yang has served on the Board of Governors since 2023 and most recently chaired its Audit and Finance Committee. She is currently leading the search committee for a new CEO. In her professional life, she serves as Chief Financial Officer of Social Finance and has held senior leadership positions at The Bulfinch Companies, State Street Global Advisors, and Harvard Management Company.

For more than two decades, Yang has served CFA Institute and CFA Society Boston in a variety of volunteer leadership roles, including: as a long-time CFA Program exam grader and captain; a curriculum and exam questions writer; on the Standards of Practice Committee, which guides the development and maintenance of the Codes and Standards; serving as Executive Editor of the In Practice section of the Financial Analysts Journal; Chair of the Disciplinary Review Committee; and Board Chair of CFA Society Boston. In 2015, Yang received the Volunteer of the Year Award of Americas from CFA Institute.

Richard Brandweiner, CFA, brings more than 30 years of leadership experience across investment management, having served in executive roles in Australia. He currently serves as Chief Investment Officer of the Australian Sovereign Wealth Fund, the Future Fund. A longtime CFA Institute volunteer, Brandweiner has been actively involved with CFA Society Australia for more than two decades, including serving as President and Treasurer of CFA Society Sydney, and has contributed to numerous CFA Institute committees and initiatives, including serving as a grader of the CFA Program exams for many years.

Virginie Maisonneuve, CFA, is a global investment leader with more than 35 years of experience across the United States, Europe, and Asia. She is the founder of Maisonneuve Global Advisors. She has also been an active CFA Institute volunteer, serving on the Advisory Council of the CFA Institute Research and Policy Center and previously chairing the CFA Society UK Women and Diversity Network, where she has helped advance the profession through research and member engagement.

The Board of Governors is elected by the membership. Members may submit potential candidates for consideration for nomination to the Board. In addition, a Candidate Advisory Council composed of chairs from the Presidents Council, the Council of Examiners, and the Education Advisory Committee help to solicit and recommend candidates for Governor. This includes reviewing the Governor slate nominated by the Nominating and Governance Committee prior to submission to the Board for approval. The average tenure for Board members is slightly under four years of service.

The FY2027 CFA Institute Board of Governors comprises 12 volunteer members based in eight countries: Australia, China, Germany, India, Nigeria, Republic of Korea, the United Kingdom, and the United States. CFA Institute members elect Governors to serve three-year terms, and the Board elects its Chair and Vice Chair from among its elected members. The CFA Institute fiscal year runs from 1 September through 31 August.

The full list of Board of Governors members for the FY2027 term is:

• Pamela Yang, CFA, CPA (United States), Board Chair, CFA Institute; CFO, Social Finance, Inc; Independent Trustee, iM Global Partner Funds Trust
• Heinz Hockmann, PhD (Germany), Vice Chair, CFA Institute
• Richard Brandweiner, CFA (Australia), Chief Investment Officer, Future Fund Management Agency
• Oyebanji Fehintola, CFA (Nigeria), Executive Board Member & Head, Financial Services, Africa Finance Corporation
• Mei Gao, CFA (China/United States), Partner, IDG Capital
• Jennifer Garbowicz, CFA, CIPM (United States), West Florida Market President, BNY Wealth
• Ravi Gautham, CFA (India/United States), Senior Vice President and Head, Northern Trust Asset Management
• Kyung wook Hur, CFA (Republic of Korea) Senior Advisor, Bae Kim & Lee LLC
• Virginie Maisonneuve, CFA (United Kingdom), Founder, Maisonneuve Global Advisors
• Lindsey Matthews, CFA, CIPM (United Kingdom), Chief Risk Officer, USS Ltd and USS Investment Management Ltd.
• Vipin Mayar, MBA (United States), Executive Vice President, Fidelity Investments
• Tricia Rothschild, CFA (United States), Interim President and CEO, CFA Institute

For more information regarding the CFA Institute Board of Governors, please visit the governance page our website.

View source version on businesswire.com: https://www.businesswire.com/news/home/20260831066628/en/

For further information, please contact [email protected]

Source: CFA Institute

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