Executive Director:


Kurt Schacht is the Executive Director of the CFA Institute Systemic Risk Council. The Council is a private sector, non-partisan body of former government officials, financial experts, academics and legal experts committed to addressing regulatory and structural issues relating to global systemic risk, with a particular focus on the United States and Europe (www.systemicriskcouncil.com).  During his tenure he has overseen CFA Institute’s global policy research, standards, and government relations in New York, London, Brussels, and Hong Kong.  He managed the activities of the Global Investment Performance Standards (GIPS®), the CFA Institute Asset Manager Code and the Financial Analysts Journal.

Prior to joining CFA Institute, he served as Chief Operating Officer for a mutual fund complex, as General Counsel and Chief Compliance Officer for a Manhattan based hedge fund, and as Deputy Executive Director/Chief Legal Officer for the State of Wisconsin Investment Board (SWIB).

Kurt served as Chairman of the Investor Advisory Committee for the U.S. Securities and Exchange Commission (SEC) and a member of the  Public Company Accounting Oversight Board (PCAOB) Standing Advisory Group.  He served two terms as a Trustee on the IFRS Foundation which oversees the International Accounting Standards Board (IASB) and on the European Commission’s Expert Group on Corporate Bond Market Liquidity based in Brussels. He served on the Expert Group for Principles for Responsible Investment of the United Nations Environment Programme (UNEP).

He holds a Bachelor of Science degree in Chemistry and a Law degree from the University of Wisconsin-Madison.  He completed the Chartered Financial Analyst (CFA®) designation in 1998.

Kurt can be reached at

CFA Institute
Washington Office
1401 New York Avenue
Washington, D.C. 20005