A global institute working in areas such as talent management and raising standards has elected two women to be chair and vice-chair of its governing board. It is the editor's choice of story of the week.

There have been high-profile hires in wealth management this week, but of those moves that caught the eye, the move by the CFA Institute to install two women as chair and vice-chair of its governing board stood out, particularly given so much focus on the need to improve gender diversity in this sector.