The CFA Institute, a global association of investment professionals, has announced its board of governors for the fiscal year 2025, effective September 1, 2024.
Marshall Bailey will assume the role of chair, while Heinz Hockmann will continue as vice chair. The board also welcomed four new governors: Jennifer Garbowicz, Ravi A. Gautham, Lindsey Matthews and Vipin Mayar.
Bailey highlighted the CFA Institute’s global reputation for excellence in the investment industry. He emphasised that the organization’s strategy for the coming year will focus on inclusive growth while maintaining the high standards that have made it a leader in the field. Bailey has served on the CFA Institute Board since 2020 and brings over 35 years of experience in financial services, including significant board roles.
Bailey 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 has a 35-year career in financial services, with over a decade on various boards, advising leadership on strategy, and currently serves on the boards of MUFG Securities Emea and MUFG Securities Asia and is concluding his term as chair of the UK’s Financial Services Compensation Scheme.
The FY2025 Board of Governors is composed of 14 members from eight countries: Australia, Canada, China, Germany, India, Nigeria, the UK and the USA. Board officers are elected for a one-year term, while Governors serve a three-year term.










