The office was formally opened with a ceremony near the office in Oriental Plaza. The event, with the theme “Celebrating the Past, Present, and Future of CFA Institute in China”, featured an audience of CFA Institute members, including Phillip Wu, the first CFA charterholder in China, and Jane Shao, the first member of the CFA Institute board of governors from China. It also featured members and volunteers from various cities including Beijing and Shanghai, current CFA programme candidates, and members of organisations and associations seeking to partner with the CFA Institute.

The institute is among a number of bodies that drive talent management in global financial services, including wealth management. To see an interview by this publication with the head of the CFA, see here.

There are more than 3,000 CFA charterholders in China. Last year, there were more than 36,000 CFA exam candidates in China, ranking first in the Asia-Pacific region and second after the US globally in terms of the number of people taking the exam. Over the past 10 years, this represents a 20 per cent compound annual growth rate for CFA programme candidates and a 26 per cent CAGR for CFA charterholders in China.