CAIA Association Promotes Ruth Carolan To Chief Operating Officer

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“Stepping into the role of COO is an exciting challenge, and one that I am looking forward to tackling as we move further into 2021 and beyond,” said Ms. Carolan.

Rapidly growing global organization now has a Member base that extends into more than  100 countries, requiring the specialized expertise, data-driven approach, and eye for new opportunities that Ms. Carolan brings to this key role

AMHERST, MASSACHUSETTS (January 28, 2021) – The Chartered Alternative Investment Analyst (CAIA) Association, the professional body for the global alternative investment industry, today announced longtime CAIA team member Ruth Carolan has been promoted to the position of Chief Operating Officer (COO).

In this role, Ms. Carolan oversees the organization’s finance, legal, information technology, and human resource functions, and will also play a key role in building the framework for CAIA to continue its expansion into new markets around the world. She will continue to play a valuable role in advising CAIA’s Board of Directors and CEO William Kelly and will hold a seat on CAIA’s recently established Diversity and Inclusion Board.

“Stepping into the role of COO is an exciting challenge, and one that I am looking forward to tackling as we move further into 2021 and beyond,” said Ms. Carolan. “Having been a part of CAIA’s steady growth for over a decade, I am incredibly excited and energized to have the opportunity to help lead our organization to its next phase of operational excellence.”

“Ruth is the right person at the right time to provide the kind of guidance and leadership that our organization requires as it moves into its third decade amidst a period of incredible growth and massive disruption,” said William J. Kelly, CEO of the CAIA Association. “The complexities of operating across so many borders bring both challenges and opportunities. Having a global COO, particularly one of Ruth’s caliber, will allow us to identify new efficiencies and embrace the type of data-driven decision making that will help steer the continued growth of both our organization and our mission for many years to come.”

This year marks CAIA’s 20th anniversary, and in just the past two years the organization has made major strides in adding to its team, to its offerings, and to its thought leadership position across the alternatives landscape. In addition to taking a forward looking and very successful approach to remote proctoring amidst all of the uncertainty of the COVID-19 pandemic, CAIA is approaching the two-year anniversary of the launch of the Financial Data Professional (FDP) Institute and designation, the first credential designed to identify those professionals with a proven understanding of data science and its practical applications in the financial sector.

“Just as we want to help educate the investment industry about the disruptive potential of data science, we want to yield data intelligence ourselves as a powerful ally in managing and growing our business,” added John Bowman, CFA, Senior Managing Director with CAIA. “Ruth’s leadership as our new COO will be invaluable in leading the charge in terms of putting our data to work for our organization, our Members, our education-focused mission, and the overall betterment of the experience for the end investor.”

Ms. Carolan joined CAIA in 2007 and most recently held the role of Managing Director of Global Operations. Prior to joining the organization, she held a number of senior roles in law and administration, mainly in the Washington, D.C. area.

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About the CAIA Association  

CAIA Association is a global professional credentialing body dedicated to creating greater alignment, transparency, and knowledge for all investors, with a specific emphasis on alternative investments. A Member-driven organization representing professionals in more than 95 countries, CAIA Association advocates for the highest ethical standards. The organization provides unbiased insight on a broad range of investment strategies and industry issues, key among them being efforts to bring greater diversification to portfolio construction decisions to achieve better long-term investor outcomes. To learn more about CAIA Association and how to become part of the organization’s mission, please visit

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