WASHINGTON, DC, September 3, 2009
– The Board of Directors of Certified Financial Planner Board of Standards, Inc. (CFP Board), the certifying and standards-setting organization that oversees more than 60,000 professionals holding CERTIFIED FINANCIAL PLANNER™ certification in the United States, has elected Charles A. Moran, JD, CFP®
as chair-elect, effective January 1, 2010. CFP Board’s Board of Directors elected Moran at its July 16-17 meeting. He will begin his duties as chair-elect on January 1, when Robert Glovsky, CFP®
begins his term as 2010 chair. Moran will serve as the Board of Directors’ chair beginning in January 2011.
Moran is Director of the CFP Board-registered program and Professor of Business Administration at the State University of New York-Cobleskill. He also teaches Corporate Governance and other subjects at the Harvard University Summer Program and NYU’s School of Continuing and Professional Studies. He began his service on CFP Board’s Board of Directors in 2008. Moran holds the Certified Employee Benefits Specialist (CEBS) credential and is a CERTIFIED FINANCIAL PLANNER™ professional. He is a graduate of Princeton University and the University of Michigan Law School and completed the Advanced Management Program at the Harvard Business School.
His professional career in financial services spans 40 years, including Pension Trust officer of Chase Manhattan Bank and Senior Vice President of Manufacturers Hanover Trust Co. (both now part of JP Morgan Chase); Chairman, President and CEO of Lionel D. Edie and Co. (then the 15th largest money manager in the US) and founding President of Government Securities Clearing Corporation, a self regulatory organization(SRO) for clearance and settlement of global trading in U.S. Government Securities. A frequent speaker on economics and financial topics, he has testified over 20 times before Senate and House Committees on benefits and investment issues on behalf of banks and other institutions. He also served on advisory councils to the U.S. Department of Labor and the Federal Reserve Bank.
“I look forward to working with Chuck and the 2010 Board of Directors as we build on the momentum we have developed on our public policy agenda,” said Glovsky. “We have made much progress in the past year in our efforts to promote a legislative agenda designed to protect consumers.”
“I’m honored to be elected as 2010 chair-elect,” said Moran. “CFP Board has made great strides in advancing its mission to benefit the public through collaborative initiatives with our stakeholders, with legislators and regulators, and with other organizations in the financial planning profession. I look forward to contributing to this ongoing work.”
The Board of Directors is comprised of volunteers with various experiences and backgrounds that represent different groups of CFP Board’s stakeholders, as well as the public interest. A majority of Board members must be CFP® certificants and, aside from CFP Board’s CEO, who serves in an ex officio position, each serves a four-year term.
About CFP Board: The mission of Certified Financial Planner Board of Standards, Inc. is to benefit the public by granting the CFP® certification and upholding it as the recognized standard of excellence for personal financial planning. The Board of Directors, in furthering CFP Board’s mission, acts on behalf of the public, CFP® certificants and other stakeholders. CFP Board owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™ and federally registered CFP (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board's initial and ongoing certification requirements. CFP Board currently authorizes more than 60,000 individuals to use these marks in the United States. For more about CFP Board, visit www.CFP.net.
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CFP® - The Recognized Standard of Excellence in Personal Financial Planning
Chris Wloszczyna, Director of Public Relations