Guam fiduciaries earn accredited investment fiduciary designation

BRIDGEVILLE, Pennsylvania—Seven individuals in Guam have recently been awarded the Accredited Investment Fiduciary® (AIF®) designation from the Center for Fiduciary Studies™ (the Center), the standards-setting body for fi3601.

The AIF designation signifies specialized knowledge of fiduciary responsibility and the ability to implement policies and procedures that meet a defined standard of care. The designation is the culmination of a rigorous training program, which includes a comprehensive, closed-book final examination under the supervision of a proctor, and agreement to abide by the AIF Code of Ethics. On an ongoing basis, Designees are required to complete continuing education to maintain the AIF Designation.

The first-ever Asia based Fi360 training was sponsored by the Asia Pacific Association for Fiduciary Studies (APAFS), and held prior to APAFS’s 11th Annual Pacific Region Investment Conference in Manila in October 2011.

The training was attended by twenty five individuals from throughout Micronesia and the Philippines. The individuals from Guam who were awarded the AIF® designation were:

1. Donald Clark, ASC Trust Company

2. Gerard Cruz, Member, Gov Guam Employees Retirement Fund Board of Trustees

3. Gabrielle Bamba, ASC Trust Company

4. Oscar Miyashita, CPA, PC

5. Sandra McKeever, Asia Pacific Financial Management Group

6. Brian Matananr, ASC Trust Company

7. Mark Mendiola, Executive Director, UOG Endowment Foundation

Fi360 will be holding the next Accredited Investment Fiduciary® training immediately prior to the 12th Annual Pacific Region Investment Conference in Manila Philippines, being held on November 29 and 30, 2012. Daniel Roland, CIMA, AIFA, APAFS executive director says “we are excited about once again hosting this prestigious, and badly needed, fiduciary training certification course once again. The response to the first course was truly overwhelming. Demand is already high for this year’s training, and as we can only accommodate 25 participants, I would encourage interested individuals to email us immediately at executivedirector@apafs.org.”

Fi360, based near Pittsburgh, Pa., is the first full-time training and research facility for fiduciaries, and conducts training programs at universities throughout the United States and abroad. As part of fi360, the Center confers the AIF Designation as well as the Accredited Investment Fiduciary Analyst™ (AIFA®) Designation. AIFA Designees are the only recognized professionals trained to perform fiduciary assessments, which measure how well investment professionals are fulfilling the fiduciary duties required of them by the applicable investment legislation, case law, and regulatory opinion letters. [I](PR)[/I]