An authority on securities regulation and an expert in risk and compliance for the financial industry have been added to the Certified Financial Planner Board of Standards Board of Directors, the CFP Board announced Tuesday.
Roberta S. Karmel, whose background is in securities regulation, and Alexander G. Rozman, an authority in risk and compliance, are the new members.
Karmel is the Centennial Professor of Law and co-director of the Dennis J. Block Center for the Study of International Business Law at Brooklyn Law School in New York City. She becomes the fourth public member of the Board of Directors.
Karmel was the first woman to be appointed as a Securities and Exchange Commissioner and has served as a director on numerous nonprofit and corporate boards including the New York Stock Exchange, Kemper Insurance and Mallinckrodt Pharmaceuticals.
Rozman is head of Financial Crime Compliance and compliance counsel for CLS Bank International, a global multi-currency settlement provider based in New York City and London. His past experience includes serving as a senior leader for Deloitte, where he led multiple large-scale compliance and risk assessment projects as well as the Deloitte Digital Currency and Blockchain Group; director of Regulatory Advisory Services for Navigant Consulting; general counsel and chief compliance officer for Capital Market Services, and staff attorney for UAW Legal Services.
“With enforcement of the new CFP Code and Standards beginning on June 30, these two new members will bring deep, invaluable experience and insights to ensure that our new Code and Standards is relevant and credible to the public and fair to CFP professionals,” said Jack Brod, chair of the CFP Board of Directors.
Karmel and Rozman will serve through December 2023. They join 14 other members and CFP Board CEO Kevin R. Keller on the board of directors.