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MPLT’s Martin Ada earns Accredited Investment Fiduciary designation

(Press Release) — Martin B. Ada, chairman, board of trustees, Marianas Public Land Trust, has been awarded the Accredited Investment Fiduciary or AIF designation from the Center for Fiduciary Studies, the standards-setting body for fi360.

Martin B.  AdaMartin B. Ada
The AIF designation signifies specialized knowledge of fiduciary responsibility and the ability to implement policies and procedures that meet a defined standard of care.

The designation is the culmination of a rigorous training program, which includes a comprehensive, closed-book final examination under the supervision of a proctor, and agreement to abide by the AIF Code of Ethics.

On an ongoing basis, 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 Region.

Gerard Cruz, AIFA and APAFS chairman, says: “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.”

Ada, along with Skye Aldan, AIF, comptroller of CPA, serve as the APAFS board of governors 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, the Philippines, being held later this year.

Chairman Cruz says “we are excited about once again hosting this prestigious, and badly needed, fiduciary training certification course once again. The response year after year has been truly overwhelming. Demand is already high for this year’s training, so I would encourage interested individuals to register early.”