CFA Institute forms regional council
The CFA Institute has indicated its widening influence in setting competency standards in the financial services by announcing it has formed a regional Advocacy Council for Australia and New Zealand.
The announcement came from CFA Societies Australia and CFA Society New Zealand, who said the council aims to promote ethical behaviour in investment markets, set benchmark standards, and boost professionalism in financial services.
The Council includes experts drawn from regional CFA Societies' resources, who will create project groups to investigate compliance and competency matters, with access to the CFA Institute globally.
President of CFA Society Sydney and acting council chair, Anthony Serhan, said: "Through the Advocacy Council, we will use our collective knowledge and experience to identify industry issues that impact investors and to support Government, regulators and industry in creating a world-class financial system in Australia".
Council members include AIA Australia chief investment officer, Graeme Bibby, AustralianSuper deputy chief executive and chief investment officer, Mark Delaney, and Franklin Templeton Investments managing director, Maria Wilton.
"We are very appreciative of the high standard talent we have attracted to the Council and the invaluable support they bring in achieving what we believe is not only a worthy goal but the most basic mandate of our industry," Serhan said.
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