The Chartered Alternative Investment Analyst Association announced on Wednesday that its board had finalized a succession plan for a new CEO. CAIA president, John L. Bowman will succeed William J. Kelly as CEO of the association at the end of the year when he retires. The appointment of Bowman will be effective December 31, 2024.
In December 2023, it was announced that Bowman, then EVP of CAIA would be appointed president of the association, also succeeding Kelly in the role, who retained his position of CEO.
Kelly was appointed CEO of CAIA in 2014. He is also chairman of the board of the Boston Partners Trust Company and is an advisory committee member of the Certified Investment Fund Director Institute. Previously, he was CEO of Robeco Investment Management and Boston Partners Asset Management.
““I have been so fortunate to have learned so much from our global Members, Candidates, and, of course, my extraordinary colleagues as we have continued to bend the arc of transparency and informed consent to the advantage of the investor; for that I will forever remain grateful. Together, I am confident that we have placed an ever-higher premium on professionalism and have truly demonstrated, and delivered upon, the benefits of educational alpha,” Kelly said in a press release.
Bowman, who has been at CAIA since 2019, serving in several roles, was previously at the CFA institute for 13 years, serving as managing director of the Americas and managing director and co-lead of education. He was also previously a portfolio manager at The Boston Company Asset Management and a portfolio manager at State Street Global Advisors.
“You never feel completely prepared for the weight of stewarding such an important mission as that which defines CAIA. That said, I have the great benefit of standing on a sturdy foundation that Bill and his predecessors have established, as well as being surrounded by a world class team. I am convinced CAIA’s relevance and voice has never been more important and I’m therefore excited to further differentiate our powerful brand and accelerate our globalization in the coming years,” Bowman said in a press release.
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Tags: CAIA, CAIA Association, Chartered Alternative Investment Analyst Association, John L. Bowman, William J. Kelly