AMHERST, Mass.--(BUSINESS WIRE)--The Chartered Alternative Investment Analyst (CAIA) Association, the global professional body for the alternative investment industry, is today announcing that its Board of Directors has endorsed the beginning of a succession plan and unanimously elected John L. Bowman as the President at the start of 2024.
William J. Kelly, who has been President & CEO of CAIA since January 2014, will retain the CEO title and will continue to work closely with John as CAIA continues to enhance its educational offerings and resources for a range of professionals working in and with alternative investments.
“The past decade has been incredibly rewarding and I could not be more excited for what the next decade will bring for CAIA,” said Mr. Kelly. “I can think of no one more suited to step into the President’s role than John. He has been an integral part of CAIA’s growth and continued reinvention since he joined us in 2019. He will continue to work tirelessly on behalf of CAIA’s Members, Candidates, and the broader universe of investors who benefit from the greater emphasis of the professionalization of this industry.”
“Bill has always led by example and has consistently approached our work through the lens of ‘what’s coming next’ not just ‘what’s happening now.’ That mindset now permeates CAIA and is what has spurred us to be so forward-thinking about engaging not only with what have been our core constituencies in alternative investment management, large asset owners and managers, but also with private wealth advisors who are increasingly considering alternative strategies for their clients. Alternatives went mainstream over the past decade, and Bill has made sure CAIA was there to be the voice for education and the client every step of the way,” added Mr. Bowman. “For me personally, I could not have asked for a better mentor and partner since I joined the organization, and I look forward to continuing to draw on his insights and expertise, as our work together unabatedly moves forward.”
Valerie J. Sill, Chair of the CAIA Board of Directors, and CEO of Dupont Capital Management, added, “The CAIA board has been very fortunate to have worked very closely with John since he joined the management team in 2019. This appointment is a further demonstration of the partnership and trust that we have built with each other, and I commend Bill and John for their thoughtful focus and selfless initiative to ensure a continuation of best-in-class leadership as we begin this next important phase of succession planning.”
For more information on CAIA, please visit caia.org.
About the CAIA Association
The CAIA Association, a global professional body, pioneers a new era in investment management. At the forefront of the shifting of alternative investment asset classes from 'alternative' to mainstream, CAIA embraces diverse expertise and interdisciplinary knowledge essential for responsible capital allocation and client stewardship. A Member-driven organization representing professionals in more than 100 countries, the organization seeks to prepare investors for a dynamic future, disrupting traditions, creating opportunities, and fostering long-term sustainability. To learn more about the CAIA Association and how to become part of a professional network that is shaping the future of investing, please visit https://caia.org/.
