Board Nomination Process
Welcome to the CAIA Board of Directors Nomination page. Here, you'll find essential information about the process for nominating individuals to serve on our board.
Our Board is the cornerstone of our Association's strategic vision and success. Serving on the Board is a distinguished role, reserved for individuals who meet our focused criteria and demonstrate a commitment to advancing our mission.
We encourage you to explore the nomination guidelines, understand the responsibilities involved, and see how nominations can influence the future direction of our organization. Only those who align with our requirements will be further considered in the selection process.
Criteria for Nominee Evaluation: Expertise and Experience
Before submitting a nominee, consider whether they meet key criteria essential for ensuring they are well-suited for this significant role:
- Recent experience as a non-executive director, trustee or board committee member within relevant investments or member organizations.
- Expertise in global investment markets, particularly in alternatives.
- Involvement with CAIA or similar organizations.
- Strong communication and teamwork skills, along with the ability to provide effective oversight and collaborate with others.
Board Composition and Terms
- Board members are eligible to serve two three-year terms.
- Organizational bylaws provide for a maximum of 13 directors; one ex officio spot reserved for the CEO and 12 independent directors.
Expectations and Time Commitment
Proposed candidates must agree to be fully available for Board work during their term.
General Expectations
- Oversee, evaluate, and support the Chief Executive Officer.
- Serve as an ambassador for the organization’s mission, purposes, goals, and programs.
- Provide counsel and direction on the organizational strategy and the larger investment industry.
- Exercise fiduciary duty over the organization’s mission and assets.
- Actively participate and engage at board meetings and sub-committees, if assigned by the Chair. Board Committees currently include an Audit Committee & Nominating Committee.
- Represent the CAIA Association at industry events on an as-needed basis.
Time Commitment
CAIA currently holds four board meetings each calendar year. Three of these meetings are virtual and under two hours. The annual meeting is typically a full day to day and a half with a social dinner and is held in a financial center in either the US, EMEA or APAC. CAIA reimburses for all travel-related expenses. Periodically, in between board meetings, directors will also be called upon for guidance, counsel and event participation.
Evaluation Process
The Nomination Process is an evaluation period where each candidate’s qualifications are assessed.
Within any given year, the following milestones are pursued:
February – May: Board actively seeks and accepts nominations
June – August: Applicant review and initial interviews
September – November: Final nominee interviews
December: Board votes on selected nominees
January: New board members begin terms
The Submission Process
All nominations should be emailed to nominations@caia.org.
A nomination submission should contain:
- Your Name and Contact information.
- Name and Contact Information of the Nominee.
- Nomination Statement:
- If self-nominating, a brief statement from the nominee indicating their interest in serving and any special qualifications.
- If not self-nominated, a brief statement from the nominator attesting to the nominee's qualifications and reasons they would make a good candidate.