NICSA Announces Personnel Change

Marlborough, MA, October 17 -- The Board of Directors of the National Investment Company Service Association (NICSA) announced today the departure of Barbara Weidlich, who is leaving the organization after 6 years as President, effective immediately. The Board expressed its appreciation for her many contributions, and for leaving the organization in a strong position with regard to programs, staffing and financials.

Peggy Schooley, President of Evergreen Service Company as well as Chairman of NICSA, said, "We are taking this opportunity to examine the operating structure of NICSA to insure that we are positioned to best serve our members, and to that end, have created an Operating Committee consisting of current and past Board Members, who will also be responsible for selecting Barbaras replacement." In the interim, Keith Dropkin, Vice President of Operations at NICSA, will handle day-to-day responsibilities, reporting to Peggy Schooley and the Executive Committee of the Board.

"We are confident that the current interim operating structure will enable NICSA and its staff to continue to offer all programs and conferences as planned until a successor is named. Keith and the NICSA staff are knowledgeable about all aspects of NICSAs operations, and their tenure and experience will ensure the continued excellence of NICSAs offerings in their usual effective manner," said Schooley.


Keith Dropkin
Vice President
Ellen Weinraub
Marketing Director


The National Investment Company Service Association (NICSA) is a not-for-profit trade association providing leadership and innovation in educational programming and information exchange within the operations sector of the investment industry worldwide.

NICSA membership totals more than 400 companies operating in major financial centers worldwide. The membership represents all segments of the mutual fund industry including mutual fund complexes, investment management companies, custodian banks, transfer agents and independent providers of specialized products and services.

NICSA’s services to members include education, training and networking opportunities through conferences on a wide range of industry issues and developments, specialized publications, and access to a huge network of industry professionals in NICSAs membership directory. NICSA also offers the Certified Mutual Fund Specialist Program, the first-ever on-line learning certification program of its kind.

NICSAs website ( offers up-to-date information about all of the Associations programs and activities.