Trustees appoint new Advisory Council members

 28 November 2014

The Trustees of the IFRS Foundation (Trustees), responsible for the governance and oversight of the International Accounting Standards Board (IASB), announced today the appointment of fifteen new members of the IFRS Advisory Council (Advisory Council).

The Advisory Council is the formal advisory body to the Trustees and the IASB. It advises the IFRS Foundation on its strategic direction, technical work plan and priorities. Meetings with the IFRS Foundation are held three times a year.

The Advisory Council consists of a wide range of representatives from groups that are affected by, and interested in, the IASB's work. These include investors, financial analysts and other users of financial statements, as well as preparers, academics, auditors, regulators, professional accounting bodies and standard-setters.

The new Advisory Council Members are:


Name Position Organisation Represented
Areewan Aimdilokwong Specialist, Accounting Supervision Department, Securities & Exchange Commission of Thailand International Organization of Securities Commissions
Vania Borgerth Advisor to the CEO, BNDES - Brazilian Development Bank BNDES - Brazilian Development Bank
Prasan Chuaphanich President, Federation of Accounting Professions, Thailand Federation of Accounting Professions, Thailand
Pascale Déprez Group Policy Director, Saint Gobain Group Association for the participation of French companies in international accounting harmonisation (ACTEO) and Mouvement des Entreprises de France
Garth Coppin Member, Financial Reporting Standards Council of South Africa Financial Reporting Standards Council of South Africa
Roxana Damianov Team Leader, Corporate Reporting Team, European Securities and Markets Authority European Securities and Markets Authority
Holger Daske Professor and Chair of Accounting and Capital Markets at University of Mannheim The International Association for Accounting Education and Research
Paul Fitzsimon Partner, Global Head of Reporting and Chief Accountant, PricewaterhouseCoopers PricewaterhouseCoopers
Hidetake Ishihara General Manager, Accounting & Finance Division, Nippon Steel & Sumitomo Metal Corporation Nippon Keidanren (Japan)
Ann Jorissen President, European Accounting Association European Accounting Association
Jurgen Kirchhof Principal Finance Expert, Financial Reporting & Policy Division, European Central Bank European Central Bank
Robert Koethner Chief Accounting Officer, VP and Head of Accounting and Financial Reporting, Daimler AG European Round Table of Industrialists and European Issuers
Ton Meershoek Technical Expert in Financial Reporting, Netherlands Authority for the Financial Markets International Organization of Securities Commissions
Pam O´Connell Director and World Bank Group Chief Accountant World Bank
Uğur Yaylaönü Head of Accounting Standards Department, Capital Markets Board of Turkey Capital Markets Board of Turkey


All appointments commence from 1 January 2015. The new members will replace:

Valeska Barros, Roger Best, Michael Bradbury, Thomas Blöink, Laurent Degabriel, Begoña Giner, John Hitchins, Christoph Hütten, Charles Macek, Bruce Mackenzie, Fumio Muraoka, Patrick Parent, Panagiotis Strouzas and Zinga Venner.

The Trustees are also pleased to announce that the following members of the Advisory Council have been reappointed:

Rudolf A Bless, Wang Haoyu, Shizhong Huang, Anne Molyneux, Vincent Papa, Rajagopal Sankaraiah, Gregory Smith and Min Yang.

One further appointment to the Advisory Council will be announced in due course. The full membership of the Advisory Council can be viewed here.

Commenting on the announcement, Robert Glauber, Chairman of the Trustees´ Nominating Committee, said:

"The Advisory Council plays an essential role in ensuring that the Trustees and the IASB benefit directly from advice on the future of financial reporting from some of our most important stakeholders.

"On behalf of the Trustees I would like to extend my gratitude to the outgoing members for their valuable contributions to the Advisory Council and the IFRS Foundation as a whole. I would also like to welcome our new Council members and thank them for agreeing to participate in this important advisory body."