Study OnCFA Institute Names Paul H. Smith Managing Director

Study OnCFA Institute Names Paul H. Smith Managing Director, Asia Pacific

Smith to manage operations in Asia Pacific region, support global focus on ethics and integrity

HONG KONG, August 23, 2012 – CFA Institute, the global association of investment professionals that sets the standard for professional excellence and credentials, has named financial services veteran Paul H. Smith, CFA, the managing director of Asia Pacific Operations, effective October 3, 2012. Smith’s appointment comes after an extensive global search to succeed the leadership of Ashvin Vibhakar, CFA, who will continue to lead strategic initiatives for the organization as a managing director.

Smith brings to CFA Institute more than 25 years of financial services leadership and deep experience in the Asia Pacific region, a strong background in investment management and fund services, general management and business growth. He offers extensive experience with global institutions such as HSBC and Bank of Bermuda, most recently operating his own firm Asia Alternative Asset Partners. Smith will support the CFA Institute mission to create an environment where investors’ interests come first, markets function at their best, and economies grow.

“As CFA Institute seeks to restore ethics and integrity in finance, we recognize that the investment profession needs bold leadership. Paul Smith is a fine example of an investment professional who upholds the highest standards of ethical practice,” said John Rogers, CFA, president and CEO of CFA Institute. “Paul has made significant contribution to the investment profession throughout his career, and CFA Institute is well-positioned for continued growth in the Asia Pacific region under his leadership.”

Smith is a council member and former board member of the Alternative Investment Management Association, a membership organization that promotes the industry’s global development. He holds a Master of Arts degree in Modern History from Oxford University, and is a Chartered Accountant and CFA charterholder.

About CFA Institute

CFA Institute is the global association of investment professionals that sets the standard for professional excellence and credentials. The organization is a champion for ethical behavior in investment markets and a respected source of knowledge in the global financial community. The end goal: to create an environment where investors’ interests come first, markets function at their best, and economies grow. CFA Institute has more than 113,000 members in 140 countries and territories, including 102,000 CFA charterholders, and 137 member societies. For more information, visit www.cfainstitute.org.

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