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FAF appoints new member to its board of trustees

The US Financial Accounting Foundation (FAF) has appointed Gary Bruebaker, a Washington State investment official, to its board of trustees, effective 1 July.

Bruebaker will join the FAF from his post of chief investment officer for the Washington State Investment Board in Olympia, where he was responsible for the investment and management of state assets.

Previously, Bruebeker served as deputy state treasurer for the Oregon State Treasury, and was tasked with formulating and applying policy, practices, and performance measures to the state's finances.

FAF chairman Jeffrey Diermeier welcomed Bruebaker's appointment and said: "His extensive background in investment management and oversight will add significant value to the trustees as we work to support the FASB and the GASB in establishing and improving financial reporting and accounting standards."

Bruebaker replaces outgoing member John Brennan, and his term will run until 31 December 2018.

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