The Board of Directors of Certified Financial Planner Board of Standards Inc. has elected Kamila McDonnough, CFP, as its 2021 Board Chair-elect, the organization announced today.

Current Chair-elect Douglas S. King, CFP, will serve as chair of the Board of Directors in 2021, and McDonnough will succeed him as chair in 2022.

"I'm honored and excited to have been elected Board Chair-elect by my colleagues on the Board of Directors," McDonnough said in a press statement. 

She earned her CFP designation in 2013 and began her four-year term on the CFP Board in 2019. 

"Kamila has significant experience as a leader in the financial planning profession," said 2020 Board of Directors Chair Jack Brod, CFP. "We look forward to her continued leadership and contributions to CFP Board and to the next generation of CFP professionals."

In addition to her work on the CFP Board, McDonnough serves as president and partner of GRID 202 Partners, a registered investment advisory firm with offices in Washington, D.C., and Durham, N.C., where she leads a team of advisors who provide financial planning, investment management and tax planning services to individuals and institutions.

Prior to joining GRID 202 Partners in February 2020, McDonnough worked as a wealth manager with Rutledge Financial Partners in Charlotte, N.C., and as a financial advisor for Dimensional Fund Advisors. She began her financial career with Vanguard, where she worked with ultra-high-net-worth clients in a variety of roles for nearly a decade.

McDonnough is also active in her community. She serves as a volunteer on the Philadelphia-based Investment Committee for Women Against Abuse Inc.; foundation board president of the Junior League of Charlotte Legacy Foundation, located in Charlotte, N.C.; and as a volunteer with the IRS Volunteer Income Tax Assistance (VITA) program.

McDonnough received both a B.A. degree in communications and an MBA degree from Pennsylvania State University.

The CFP Board is a non-profit organization that fosters professional standards in personal financial planning.