Mumbai, Oct 2 : A senior official of Reliance Capital Sunil Singhania has been elected to the board of governors of the CFA Institute, the global association of investment professionals that promotes the standards of ethics, education, and professional excellence.

Singhania, chief investment officer - equity investments at Reliance Capital Asset Management, is the first from India to be elected on the CFA Board of Governors, which is the highest authority for management and strategy making of the board, according to a statement released by Reliance Capital here.

The 18-member board of governors of the Chartered Financial Analyst (CFA) Institute represents 11 countries: Australia, Canada, China, India, Japan, Singapore, Switzerland, Turkey, United Arab Emirates, United Kingdom, and United States.

Each governor is elected by the CFA Institute membership for a three-year term that runs from Sep 1 to Aug 31. (IANS)