Heather Brilliant, CFA, and Diane C. Nordin, CFA, namedchair, vice chair,respectively, of the Board of Governors.
Kolkata, October 31, 2018: Heather Brilliant, CFA, has been elected the newchair and Diane C. Nordin, CFA, the vice chair of the Board of Governors of CFA Institute, the global association of investment management professionals. The election marks a significant milestone in the organisation’s history with women elected to the top two leadership positions on the Board, the highest governing authority of CFA Institute.In total, five of the 15 Board positions (30%) for fiscal year 2019 will be filled by women – a goal CFA Institute set in 2016 and realised ahead of schedule in 2017.
Brilliant will assume the chair on 1 September 2018, succeeding Robert Jenkins, FSIP, who will continue on the Board, which is staffed by volunteers.
“The collective knowledge, expertise and experience that both Heather and Diane bring to our firm further reinforces and strengthens our values. We are delighted to receive this news and look forward to their guidance. CFA Institute is at the forefront of promoting diversity in the investment management industry as seen through our India-first ‘Young Women in Investment’ initiative. Such appointments continue to consolidate our leadership,” said Vidhu Shekhar, CFA, Country Head, India, CFA Institute.
Brilliant is managing director, Americas, of First State Investments where she is responsible for expanding First State’s market presence across the Americas. She was previously CEO of Morningstar Australasia, and was global director of equity and corporate credit research for seven years prior. Before joining Morningstar, Brilliant spent several years as an equity research analyst for boutique investment firms. Brilliant is co-author of Why Moats Matter: The Morningstar Approach to Stock Investing, a book on sustainable competitive advantage analysis. She has served on the CFA Institute Board of Governors for five years, and is a member of the CEO Search Committee, Compensation Committee, and Executive Committee. Brilliant holds a bachelor’s degree from Northwestern University and a master’s degree from the University of Chicago Booth School of Business.
“I am honoured to serve as chair of the Board and am proud of the organisation’s dedication to building our industry on a foundation of ethics and integrity,” Brilliant said. “Investment management faces many headwinds: business models are changing; client demographics are shifting and products are increasingly commoditised. As chair, my goal is to ensure CFA Institute and our members are ready for the challenges they face and are equipped to take advantage of the opportunities they bring.”
Diane Nordin brings more than 35 years of experience in the investment industry to her position as vice chair. She is a director of Fannie Mae, where she serves as chair of the Compensation Committee and member of the Audit Committee. Recently, she was named to the Principal Financial Group Board, and is also on the Board of Antares, a spinout of GE Capital. Nordin is a former partner of WellingtonManagement Company LLP, where she held numerous global leadership positions, including director of fixed income, director of global relationship management, and director of fixed income product management. She has served on the CFA Institute Board for two years and is chair of the Audit and Risk Committee and CEO Search Committee. She holds a bachelor’s degree from Wheaton College.
Corporate Comm India(CCI Newswire)
