WASHINGTON, DC, April 15, 2026 - The World Bank Group today announced the signing of a Cooperation Agreement between the Reserve Advisory & Management Partnership (RAMP) and CFA Institute, establishing a framework for collaboration to advance asset management education, professional training, and research for public-sector and institutional investment professionals worldwide. Representatives of CFA Institute and the World Bank Group signed a cooperation agreement in Washington, DC, formalizing the partnership.
Through this cooperation, the World Bank Group RAMP and CFA Institute will combine their respective expertise to support high ethical standards, professional excellence, and technical capacity in asset management, reflecting a shared commitment to strengthening financial sector development and promoting sound investment management practices globally.
"This cooperation with CFA Institute reinforces RAMP's long-standing commitment to building institutional capacity and professional expertise for public asset managers worldwide," said Jorge Familiar, Vice President & Treasurer, World Bank Group. "By working with the CFA Institute's leadership in financial education and ethics, we aim to deliver high-quality learning, research, and technical engagements that support resilient and well-functioning capital markets."
"CFA Institute is proud to continue our collaboration with the World Bank Group Treasury, grounded in our shared commitment to advancing ethics, professionalism, and excellence across the investment profession," said Margaret Franklin, CFA, Senior Advisor, CFA Institute. "Together, we will work to expand access to rigorous education and research that support investment professionals navigate an increasingly complex financial landscape."
The cooperation aligns with World Bank Group Treasury's broader mission to support the World Bank Group's vision of a world free of poverty on a livable planet, including through the delivery of advisory, training, and asset management services under RAMP to central banks, public pension funds, sovereign wealth funds, international financial institutions, and other public-sector asset managers.
The Cooperation Agreement is non-exclusive and will be in effect for an initial period of two years, with the possibility of extension by mutual agreement.
The World Bank Group RAMP
The World Bank Group Reserve Advisory & Management Partnership (RAMP) delivers advisory services, executive training, and asset management solutions through a global network of public asset managers. Established in 2001, RAMP promotes countries' stability, resiliency, and prosperity through sound public asset management-supporting central banks, international financial institutions, sovereign wealth funds, and public pension funds. For 25 years, RAMP has advised over 100 public institutions and trained more than 15,000 public asset management professionals worldwide. Learn more at ramp.worldbank.org.
The World Bank Group, Treasury, Partnerships & Advisory
The World Bank Group Treasury Partnerships & Advisory Department manages engagements with external public-sector asset management clients, including RAMP members. As the trusted partner to public asset managers worldwide, the Department designs and delivers capacity-building, advisory, and asset-management services tailored to the needs of central banks, international financial institutions, sovereign wealth funds, public pension funds, public insurance corporations, and other public institutions.
About CFA Institute
As the global association of investment professionals, CFA Institute sets the standards for professional excellence and credentials. We champion ethical behavior in investment markets and serve as the leading source of learning and research for the investment industry. We believe in fostering an environment where investors' interests come first, markets function at their best, and economies grow. With more than 200,000 charterholders worldwide across more than 160 markets, CFA Institute has 9 offices and 157 local societies. Find us at www.cfainstitute.org
