Representatives from each of the Big Four, and mid tier firms Grant Thornton and BDO, are among 14 new appointees to the IFRS advisory council, the formal advisory body to the trustees of the IFRS Foundation and the IASB.
The IFRS advisory council advises the IFRS Foundation on its strategic direction, technical work plan and priorities, and is made up of a wide range of representatives from groups that are affected by and interested in the IASB's work.
The new members from professional services firms include KPMG partner Egbert Eeftink; Jens Freiberg, assistant head of the international financial reporting department, BDO; Jake Green, director of financial reporting at Grant Thornton; EY partner Danita Ostling; Stephen Taylor, partner and member of Deloitte's global IFRS leadership team ; and John Hitchins, PwC's global chief accountant, who is a re-appointment.
Other new appointments to the advisory body are Peter Chambers from the Investment Management Association; Micheline Dionne, International Actuarial Association; Stephenie Fox, International Federation of Accountants; Igor Kozyrev, Lukoil; Goro Kumagai, the Securities Analysts Association of Japan; Lynda Sullivan, HUB Global Insurance Group; Dr Lothar Weniger, Corporate Reporting Users' Forum; and Markus Grund, International Association of Insurance Supervisors, who is a re-appointment.
All appointments commence from 1 January 2014. The new members will replace Norbert Barth, Andrew Buchanan, Gerard Ee, Sei-Ichi Kaneko, April Mackenzie, Liz Murrall, Joel Osnoss, Francis Ruygt, Jerry de St. Paer, Jim Sylph, Leo van der Tas and Mark Vaessen.
The trustees said that they will announce additional appointments to the advisory council to replace members whose terms expire at the end of 2013 in due course, along with a new chair to replace Paul Cherry who retires at the end of the year.
Robert Glauber, chairman of the trustees' nominating committee said: 'I would like to thank both the previous members for their invaluable contribution and the incoming members for agreeing to participate in the important work of the council. The work of the advisory council ensures that key stakeholders in the future of financial reporting maintain a strong voice with which to advise the IASB and the trustees on their important work.'
