Members of the Financial Planning Standards Board’s (FPSB) council elected Cary List, president and CEO of Financial Planning Standards Council (FPSC), to serve as the FPSB council’s chairman in 2018, the FPSC announced on Tuesday.

The FPSB is the global professional standards-setting organization for financial planning and owner of the certified financial planner certification (CFP) program outside the U.S. The FPSB council acts as an advisory and consultative body to FPSB’s board of directors and is made up of delegates from each of FPSB’s member organizations globally, including the FPSC.

“The financial services industry worldwide is facing its most disruptive time in history,” says List, in a statement. “With the advent of financial technology and higher regulatory standards for advice, this creates tremendous opportunity for the CFP certification and the FPSB network to solidify their place as the global leaders in serving consumers worldwide with ethical, relevant advice to help them enhance their financial health. My goal in 2018 is that the FPSB network continues to enhance its work as a strong collective voice in being a trusted resource for government, regulators and consumers alike.”

“Cary has been actively involved in shaping the global future of the financial planning profession since the FPSB’s inception,” adds Noel Maye, the FPSB’s CEO, in a statement. “As the leader of FPSB’s fourth-largest member organization, Cary will bring a wealth of knowledge and experience to the FPSB network and will be an excellent resource for those who are establishing the CFP certification program in other territories throughout the world. We look forward to Cary’s insight and leadership in 2018.”

List’s term as the FPSB council’s chairman begins Jan. 1, 2018.