The Board must take responsibility now - Senior Manager CFA Institute Employee Review

1.0
Apr 30, 2023
Recommend
CEO approval
Business outlook

Pros

Great benefits and supportive peers.

Cons

It is highly disappointing that as a senior manager, I am forced to comment on this site about the lack of Board pro activity to remove the current CEO over the last 3 years of declining performance against all meaningful KPIs. But what is more shocking is the Board’s utter complacency to deal with the toxic culture that the CEO has personally created during her tenure. A CEO that is incompetent, narcissistic and insecure has led to over a 100% turnover in the Leadership Team in the last 2 years. The organisation’s own DEI and ethical practices would ironically fail their own relevant standards. The positive energy, passion and high creativity that many experienced in past years, has been sucked out of the room under the current leadership. Much of this has been made known to key Board members by senior staff , but has been dutifully ignored because the CEO selected a Board Chair that would ensure her protection and continuation at, what seems to be, the cost to our membership and the goodwill of our societies. If the Board is not prepared to take action, then CFA Institute Members need to seek a vote of no confidence in the Board at the next AGM.

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5.0
Feb 23, 2026
Recommend
CEO approval
Business outlook

Pros

Nice place to work with a better work life balance

Cons

Everyone is busy with the time schedules and

2.0
May 7, 2026
Anonymous employee
Recommend
CEO approval
Business outlook

Pros

Work from home seems here to stay. A good jumping off point for those early in their careers. An unrestrained sandbox for C-Suite. Benefits (not salaries) are excellent.

Cons

Management has this company slowly circling the drain. In the past year alone, five high-performing staff members around me have been let go due to repeated "restructurings" that have measurably hurt performance and destroyed team morale. Two of them had over 15 years with the organization, so no one is safe. A team bowling night means nothing when you don't know if your job will exist next year. These restructurings seem to occur every time a senior hire is made, and serve only to confuse the rest of the business. Some employees I've spoken with don't even know what their own division is called. There are also far too many managers and not enough people doing actual work. When I was hired, my manager flagged that we needed one more team member to handle the workload. That team has since lost a member, yet somehow gained an extra layer of management between them and their MD. The CEO recently departed with less than a week's notice to the organization, a fitting metaphor for how rudderless leadership has become. Rather than staying the course, they chase buzzwords and abandon projects with years of investment behind them the moment something shinier comes along.

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