He is the first Indian to get elected to the 18-member board which is the highest governing body in the institute, said a release from the company.
Singhania has a total of 21 years of experience, of which he has spent the last decade working with Reliance Capital Asset Management.
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The CFA Institute is global, nonprofit organisation of investment professionals from over 100 countries.
The board of governors represents 11 countries - Australia, Canada, China, India, Japan, Singapore, Switzerland, Turkey, United Arab Emirates, United Kingdom, and United States. Each governor is elected by the CFA Institute membership for a three-year term that runs from 1 September to 31 August.