Ada earn investment fiduciary designation


HAGATNA, Guam—Martin B. Ada, chairman of the Marianas Public Land Trust board, has been awarded the Accredited Investment Fiduciary designation from the Center for Fiduciary Studies, the standards-setting body for fi360.

The AIF designation signifies specialized knowledge of fiduciary responsibility and the ability to implement policies and procedures that meet a defined standard of care. Designees are required to complete continuing education to maintain the AIF designation.

Ada attended the Fi360 training, sponsored by the Asia Pacific Association for Fiduciary Studies, and held in conjunction with APAFS’s Annual Pacific Region Investment Conference in Manila. The training was attended by individuals from throughout the Asia Pacific.

“I am so very pleased to have Martin join the select group of dedicated fiduciaries in the region that have successfully completed this rigorous course of studies in order to improve his stewardship capabilities, not only for MPLT, but for APAFS as well,” said Gerard Cruz, AIFA, APAFS chairman.

Ada, along with Skye Aldan, AIF, comptroller of CPA, serve as the APAFS board representatives from the CNMI.

Fi360 will be holding the next Accredited Investment Fiduciary training immediately prior to the 17th Annual Pacific Region Investment Conference in Manila Philippines, being held later this year. (PR)

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