CFA Societies Canada has named Michael Thom, CFA, as its new managing director.

Thom assumes the role following a multi-year volunteer relationship with CFA Societies Canada, a release said. Most recently, he acted as a director at CFA Society Toronto and as a past council member and former chair for The Canadian Advocacy Council, a committee of CFA Societies Canada.

Thom has an extensive background in asset management, portfolio management and equities trading, the release said.

In his new role, Thom will lead staff and teams of volunteers in pursuit of national goals, and serve the 12 Canadian member societies. He’ll also provide strategic leadership and represent CFA charterholders in communications with regulators, policymakers, media and industry groups at a national level.

The appointment was effective July 17.

CFA Societies Canada is a collaboration of CFA Institute and the 12 Canadian member societies. Its mission is to build brand awareness of the CFA designation and to advocate for “the highest standards of integrity and ethics for the ultimate benefit of Canadian investors,” the release said.