Leadership Changes at the Association for Financial Professionals
Jim Kaitz will retire from his esteemed position as President & CEO of the Association for Financial Professionals (AFP) after an impressive tenure exceeding 25 years. His leadership has significantly shaped the organization and inspired countless professionals in the treasury and finance sectors.
Impactful Tenure and Achievements
Kaitz joined AFP in 1998 and has since navigated the organization through numerous challenges, including significant global events that tested its resilience. He has been instrumental during major crises like 9/11 and the global financial crisis, ensuring that AFP remained focused and effective in its mission.
Under his guidance, AFP developed pivotal initiatives, including the establishment of the Certified Corporate FP&A Professional Credential. He also expanded the association's international presence, opening an office in Singapore and initiating the AFP Future of Finance event, aimed at engaging treasury and finance professionals in the Middle East and Africa.
Jim Kaitz’s Vision and Leadership Style
Kaitz's vision for AFP emphasized the importance of evolving the role of financial professionals into trusted strategic advisors. He has championed a people-first approach to leadership, advocating for innovative practices while maintaining a steadfast commitment to the growth of the profession.
His dedication has fostered an environment where financial professionals can thrive and navigate the complexities of their roles with confidence. As Michael High, Chair of the Board of Directors, reiterated, Kaitz has been a passionate advocate for the profession, leaving behind a monumental legacy.
Pat Culkin: The New President & CEO
Following the succession plan, Executive Vice President Pat Culkin has been elected as the next President & CEO of AFP. Culkin boasts over 20 years of experience at the organization, contributing to its strategic development and international partnership growth.
His leadership roles have encompassed overseeing membership, data analytics, technology, and business development. Culkin also played a key role in the successful launch of AFP's Singapore office and has been a vital part of the organization's corporate sales initiatives.
Culkin’s Vision for AFP
Upon his appointment, Culkin expressed gratitude to the Board of Directors and emphasized his commitment to continuing AFP’s legacy of excellence. He remarked on the talented team within AFP, highlighting their collective effort in tackling the challenges faced by financial professionals globally.
Culkin’s ascent comes at a pivotal time for the organization as it prepares for its next phase of growth, focusing on addressing the scaling needs and evolving dynamics of the financial landscape.
Upcoming Leadership Transition
The transition in leadership will officially take place in July 2025, marking a new chapter for the Association for Financial Professionals. As Jim Kaitz wraps up his remarkable journey, the association is well-positioned to embrace new opportunities under Culkin's direction.
Jim's contributions have left an indelible mark on AFP, setting a solid foundation for future initiatives and advancements in treasury and finance. His commitment to fostering a supportive and innovative environment will continue to resonate within the organization long after his departure.
About the Association for Financial Professionals
Headquartered outside of Washington, D.C., and with a regional presence in Singapore, the Association for Financial Professionals is dedicated to advancing the success of treasury and finance professionals. Through its Certified Treasury Professional and Certified Corporate FP&A Professional credentials, AFP sets high standards within the industry.
The organization annually hosts the largest networking conference for corporate financial professionals, bringing together thousands to share insights and foster connections.
Frequently Asked Questions
What prompted Jim Kaitz's retirement from AFP?
Jim Kaitz has chosen to retire after more than 25 years of service, intending to hand over the leadership to ensure AFP's continued growth and evolution.
Who will be taking over as President & CEO of AFP?
Pat Culkin, currently the Executive Vice President, has been elected as the new President & CEO, effective July 2025.
What are some achievements of Jim Kaitz during his tenure?
Jim Kaitz oversaw the launch of several key initiatives, including the Certified Corporate FP&A Professional Credential, and expanded AFP's global reach by establishing an office in Singapore.
How does Culkin plan to lead AFP going forward?
Culkin intends to leverage AFP's talented team to address critical challenges, ensuring the association remains a leader in supporting financial professionals.
How does AFP support financial professionals?
AFP offers various credentials and events, including a large annual networking conference, to foster excellence and professional development among its members.
