Charlottesville, Va. (Sept. 8, 2003) -- The Association for Investment Management and Research, which awards the Chartered Financial Analyst designation, has elected Theodore R. Aronson, CFA, founder of Aronson + Johnson + Ortiz in Philadelphia, as chair of its Board of Governors for a one-year term.

Aronson, who will head a 20-member Board comprised of investment professionals from seven countries, replaces Dwight Churchill, CFA, head of Fidelity Investment's Fixed-Income Division in Merrimack, N.H. Churchill will continue on the Board for one more year as immediate past chair and member of the AIMR Executive Committee.

Aronson was elected to the AIMR board in 2001 and has served as a member on all five of AIMR's board oversight committees. He is also a trustee on the not-for-profit AIMR Research Foundation, established to promote the development and dissemination of relevant research for investment practitioners worldwide.

Monique E.M. Gravel, CFA, first vice president, portfolio manager and branch manager at CIBC Wood Gundy in Montreal will serve as vice chair. AIMR has also elected six new governors to three-year Board terms: Anthony H. Cagiati, CFA, managing director at Bank Leu Ltd. in Zurich; Shirley Shea DeJarnette, CFA, treasurer of the University of Missouri System in Columbia, Mo.; James M. Lyon, CFA, managing principal, senior vice president and director of equity investments for Oakwood Capital Management in Los Angeles; Alex K.G. Ng, chief investment officer for Asia Pacific at ABN AMRO Asset Management Ltd. in Hong Kong; Nicola Ralston, business advisor at CSTIM Ltd. in London; and Teong Keat Yap, CFA, executive director of OCBC Securities in Singapore.

-- WebCPA staff

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