Perpetual Investments chief investment officer Emilio Gonzalez has stepped down as chair of the CFA Institute Board of Governors.
Gonzalez, who was the first chair of the CFA Institute Board of Governors from Australia, will continue to serve on the Board of the global, not-for-profit association of investment professionals.
He has been replaced as chair by Brian D. Singer, an independent investor and, previously, the head of Global Investment Solutions and America’s chief investment officer for UBS Global Asset Management.
Singer was also a member of the UBS Group managing board and Global Asset Management executive committee.
Thomas B. Welch, CFA, a managing director for Wells Capital Management in Minneapolis, will serve as vice-chair of the Board.