30 October 2015
The
Trustees of the IFRS Foundation, responsible for the oversight and
governance of the International Accounting Standards Board (IASB),
have—following the Trustees meeting in Beijing China—confirmed the
appointment of eight new IFRS Advisory Council members and the
reappointment of eight existing members.
The Council advises the IFRS Foundation Trustees and the IASB on both
strategic and technical matters. It is made up of over 40
representatives from a broad range of groups that are affected by and
interested in international financial reporting, including academics,
analysts, auditors, investors, preparers, professional accounting
bodies, regulators and standard-setters.
Sheila Fraser, Chair of the IFRS Foundation Trustees´ Nominating
Committee, responsible for appointments to the Council, commented:
The Advisory Council plays a very important role in advising both the Trustees and the IASB. I am pleased to welcome the new members and am grateful to those who have accepted a second term for their ongoing commitment. I would also like to thank the members who are stepping down for their valuable input.
New appointments—representing existing organisations on Council
| Name | Title | Representing | Replacing |
| William Coen | Secretary General | Basel Committee on Banking Supervision | René van Wyk |
| Aziz Dieye | Founder of Cabinet Aziz Dieye Senegal and the Centre Africain d´Etudes Supérieures en Gestion (CESAG) Management High School in Dakar | La Fédération Internationale Des Experts-Comptables Francophones (FIDEF) | Daniel McMahon |
| Yibin Gao | Director-General of the Accounting Regulatory Department | Ministry of Finance, People´s Republic of China | Min Yang |
| Andrew Marshall | Senior Technical Partner, KPMG UK | KPMG | Egbert Eeftink |
| Colin McDonald | Director of Accounting Policy at BlackRock | The Investment Association | Peter Chambers |
| Melanie McLaren | Executive Director, Codes & Standards, UK Financial Reporting Council (FRC) | Group of European National Standard-setters | Alberto Giussani |
| John Stanford | Acting Technical Director of the International Public Sector Accounting Standards Board (IPSASB) | International Federation of Accountants (IFAC) | Stephenie Fox |
New appointment—new organisation on Council
| Name | Title | Representing |
| Isabelle Ferrand | Chief Financial Officer, Confédération Nationale du Credit Mutuel | International Co-operative Alliance (ICA) |
Re-appointment of existing members on Council
| Name | Title | Representing |
| Linda Diaz del Barrio | Deputy General Director of Accounting Regulation | Comisión Nacional Bancaria y de Valores, Mexico |
| Gavin Francis | Deputy Group Chief Accounting Officer, HSBC | Institute of International Finance |
| Jake Green | Director of Financial Reporting | Grant Thornton |
| Igor Kozyrev | Deputy Chief Accountant—Deputy Vice-President, LUKOIL | Management Board of the National Organisation for Financial Accounting and Reporting |
| Ghiath Shabsigh | Assistant Director, Monetary and Capital Markets Department | International Monetary Fund |
| Anne Simpson | Director of Global Governance, CalPERS | Council of Institutional Investors |
| Lynda Sullivan | Executive Vice-President and Group Chief Accounting Officer, Manulife Financial | HUB Global Insurance Group |
| Stephen Taylor | Audit Partner | Deloitte Touche Tohmatsu |
Ernesto López Mozo (Ferrovial S.A.) and Maarika Paul (Caisse
de dépôt et placement du Québec) are also stepping down from the
Council.
All appointments take effect 1 January 2016 and are for a three-year period.
In addition to the members of the Council, the European Commission,
Japan´s Financial Services Agency and the US Securities and Exchange
Commission attend the Council meetings as observers.
End
Press enquiries:
Kirstina Reitan, Head of Communications, IFRS Foundation
Telephone: +44 (0)20 7246 6960
Email: kreitan@ifrs.org