CFA Institute, the non-profit group behind the chartered financial analyst (CFA) exam, has hired a new managing director for the Asia-Pacific region.
Nick Pollard was formerly chief executive of the Asian division of Coutts private bank, owned by Royal Bank of Scotland (RBS). In 2015, RBS agreed to sell the international part of Coutts, which included its Asian business, to Swiss private bank Union Bancaire Privée.
Based in Hong Kong, Pollard is tasked with advancing the aims of CFA Institute in Asia, especially in China and India. The organisation opened offices in Beijiing and Mumbai in 2015 as part of its aim to "build market integrity" in the region.
"As CFA Institute continues to deepen its impact throughout APAC, we need strong leadership to help advance the investment profession in some of our most critical markets," said Paul Smith, who is president and chief executive of the organisation.
Founded in 1947 by the merger of four American financial analyst societies, CFA Institute was known as the Association for Investment Management and Research until 2004. Members sat the first CFA exams in 1963 and there are now more than 130,000 charter holders.
©2016 funds global asia