CFA Institute Announces John D. Rogers, CFA, Past INVESCO Institutional CEO, As New President and CEO



Charlottesville, Va., January 5, 2009 – The CFA Institute Board of Governors announced today that John D. Rogers, CFA will be the global association’s new president and CEO. Rogers’ term begins immediately. He succeeds Jeff Diermeier, CFA who served since January 2005.



CFA Institute is the global association of investment professionals, with 100,000 members in 133 countries. It administers the gold-standard credentialing program for the investment industry and the Chartered Financial Analyst (CFA) Program, and with its CFA Institute Centre for Financial Market Integrity, the organization promotes high ethical standards and investor protection through professional codes of conduct, guidance, and outreach.



“On behalf of the entire Board, I thank Jeff Diermeier for his enormous contribution and for his years of service to CFA Institute and the industry,” said Brian Singer, CFA, chairman of the CFA Institute Board of Governors. “After conducting an extensive global search, the Board of Governors believes it has chosen an excellent leader in John Rogers, who will guide CFA Institute during a period of growth and globalization. I am excited and look forward to working with an individual of John’s global reach to advance the CFA Institute mission in the coming years.”



Rogers brings to CFA Institute more than two decades of global experience as an investment practitioner and executive in the Asia Pacific region. Most recently, he capped a successful career by returning to the United States as president and CEO of INVESCO Institutional, with worldwide responsibilities for this part of the firm’s business.



“As I traveled around the world during my 23-year career, I saw visible signs of growing awareness and appreciation for the CFA designation and the professional development and advocacy work of CFA Institute,” said Rogers. “This, coupled with tremendous industry globalization and technology advancement, has presented CFA Institute with many opportunities and challenges. I look forward to working with the Board of Governors, my new colleagues, our 136 societies, and our members.”



"Given the current challenging state of affairs in the capital markets, this is a particularly important time for CFA Institute to continue its strong stand for a professional ethic,” said past president and CEO Jeffrey Diermeier, CFA. “John's belief in that ethic and his considerable practitioner and executive experience will provide a wonderful complement to an already strong executive team."



Rogers began his career in investment management at Citibank, N.A. in 1985. Starting as a portfolio manager, John held positions of increasing responsibility at CIGNA, before moving to INVESCO in 1997 where among other positions, he served as president and chief investment officer of INVESCO Asset Management Ltd., Japan and CEO and co-CIO of INVESCO Global Asset Management (N.A.), ultimately leading divisions of up to 2,500 individuals. After leaving INVESCO in 2007, Rogers founded Jade River Capital Management.



Rogers is on the advisory board of Goizueta Business School at Emory University, serves on the finance and endowment committees of the Woodruff Arts Center in Atlanta and is chairman of the finance committee of the Atlanta Symphony. He is a trustee of International Student Conferences, an organization that runs student conferences in Japan and Korea, is a trustee of the Medici Foundation which is working to create a community in Atlanta’s former Municipal Building, and is active in the Rotary Club. Rogers earned a BA in history from Yale University and an MA in East Asian Studies at Stanford. He earned his CFA charter in 1992.



“We believe John's global practitioner perspective on the investment management industry and his exceptional leadership abilities afford the potential to leverage CFA Institute resources for the benefit of our organization and the investment community worldwide