The Financial Accounting Foundation has reappointed Jeffrey Previdi as vice chair of the Governmental Accounting Standards Board (GASB).

In his role as vice chair, Previdi will continue to focus on enhancing stakeholder engagement with a primary focus on financial statement users. His reappointment is effective 1 July 2021 and will end on 30 June 2026.

Previdi has more than two decades of experience and most recently served as managing director and project leader in the agency’s risk programme.

FAF board of trustees chair Kathleen Casey said: “We are very pleased that Jeff has agreed to serve an additional term as the GASB vice chair. His depth of knowledge of the dynamics of the municipal bond market will allow the Board to continue to build and strengthen ties with analysts, investors, and the broader financial statement user community.”

GASB chair joe Black said: “Over the last five years, Jeff has played an important role on the GASB. His perspectives and continued effort and focus on not only increasing but enhancing engagement with financial statement users will provide the Board with the type of input needed to reach better-informed decisions on all standard-setting issues.”

The FAF is responsible for overseeing GASB and its sister organisation, the Financial Accounting Standards Board (FASB).

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