Charles A. Moran, CFP, a college professor and personal financial services pioneer, has been named chair of the Board of Directors of the CFP Board of Standards.
"Our focus this year is on raising awareness of the CFP certification and the importance of personal financial planning so that people know that they don't have to go it alone--a CFP professional is there to partner with," said Moran, a professor of business administration and accounting at the State University of New York at Cobleskill and who also teaches economic graduate courses at Harvard University.
Strengthening financial planning education--especially CFP Board's education program--will also be a focus during his term, noted Moran. As Chair of CFP Board's Board of Directors, Moran will also play a significant role in the Financial Planning Coalition's efforts to help shape the legislative and regulatory debate around issues of importance to financial planners including requiring that a fiduciary standard be applied to those who give personal financial advice.
During his career, Moran has testified before Congress more than 25 times on a variety of issues and has served on an advisory group to the Federal Reserve and the U.S. Department of Labor's Advisory Council on Employee Welfare and Pension Benefit Plans.
Moran's has worked as a senior vice president of a predecessor to JP Morgan Chase; chairman, president and CEO of Lionel D. Edie & Co. Inc. (then the 15th largest investment management company in the United States); and founding president and COO of Government Securities Clearing Corp., settling global professional trades in U.S. government securities.
"Chuck Moran's long and distinguished career in financial services is a huge asset to CFP Board, our stakeholders and most importantly, the public. We will all benefit from his knowledge, leadership and passion for the profession," said CFP Board's Chief Executive Officer Kevin R. Keller.