World Bank and CFA Institute Partner for Asset Management Education

The collaboration aims to advance professional training and research for public-sector investment professionals worldwide.

Apr. 16, 2026 at 12:14am

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A high-end, photorealistic studio still-life photograph featuring a stack of finance textbooks, a brass desk clock, and a polished metal paperweight on a clean, monochromatic seamless background, conceptually representing the collaboration between the World Bank and CFA Institute to advance asset management education and professional training.A refined studio still life captures the essence of the World Bank and CFA Institute's partnership to elevate asset management education and ethics worldwide.Washington Today

The World Bank Group and CFA Institute have signed a Cooperation Agreement to combine their expertise in asset management education, professional training, and research. The partnership will support high ethical standards, professional excellence, and technical capacity in public asset management globally.

Why it matters

This collaboration aligns with the World Bank Group's mission to support financial sector development and promote sound investment management practices worldwide. By working with CFA Institute's leadership in financial education and ethics, the partnership aims to deliver high-quality learning and research to public asset managers, strengthening resilient and well-functioning capital markets.

The details

Through the Cooperation Agreement, the World Bank Group's Reserve Advisory & Management Partnership (RAMP) and CFA Institute will work together to expand access to rigorous education and research that support investment professionals in navigating an increasingly complex financial landscape. The initial two-year agreement allows for the possibility of extension by mutual agreement.

  • The Cooperation Agreement was signed on April 15, 2026 in Washington, DC.
  • The initial term of the agreement is two years, with the possibility of extension.

The players

World Bank Group

A global development institution that provides financing, expertise, and coordinated global efforts to support sustainable development and reduce poverty.

CFA Institute

The global association of investment professionals that sets standards for professional excellence and credentials, and serves as a leading source of learning and research for the investment industry.

Jorge Familiar

Vice President & Treasurer of the World Bank Group.

Margaret Franklin

Senior Advisor at CFA Institute.

Reserve Advisory & Management Partnership (RAMP)

A World Bank Group initiative that delivers advisory services, executive training, and asset management solutions to public asset managers worldwide.

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What they’re saying

“This cooperation with CFA Institute reinforces RAMP's long-standing commitment to building institutional capacity and professional expertise for public asset managers worldwide.”

— Jorge Familiar, Vice President & Treasurer, World Bank Group

“CFA Institute is proud to continue our collaboration with the World Bank Group Treasury, grounded in our shared commitment to advancing ethics, professionalism, and excellence across the investment profession.”

— Margaret Franklin, Senior Advisor, CFA Institute

What’s next

The Cooperation Agreement is non-exclusive and will be in effect for an initial period of two years, with the possibility of extension by mutual agreement between the World Bank Group and CFA Institute.

The takeaway

This partnership between the World Bank Group and CFA Institute reinforces their shared commitment to promoting ethical, professional, and technically sound investment management practices globally. By combining their expertise, the organizations aim to deliver high-quality education, training, and research to support public-sector investment professionals and strengthen resilient capital markets worldwide.