Margaret Franklin has been elected chair of the board of governors of the CFA Institute. Franklin is president and chief executive of Kinsale Private Wealth based in Toronto, Canada. Previously, she was a partner at KJ Harrison & Partners, where she advised high net worth investors. 

Franklin replaces Tom Welch, managing director and regional manager of the institutional client service team at Wells Capital Management in Minneapolis, Minnesota. Welch will continue to serve on the board as immediate past chair.