The IFRS Foundation, a not-for-profit organisation, has appointed Rowena Chu as a new trustee, effective immediately, for a term concluding on 31 December 2027.
The foundation expects Chu’s experience in financial services across Asia and North America to strengthen its strategic, governance, and oversight capabilities.
Chu, the co-founder and chairman of Orion3 Group, has decades of leadership experience in investment banking.
Her background includes senior roles at Deutsche Bank, ICG Asia, Merrill Lynch, JPMorgan Chase, and PwC in New York.
The foundation will leverage Chu’s expertise to support its mission to develop globally accepted accounting and sustainability disclosure standards.
Her appointment follows the departure of Teresa Ko at the end of 2024, maintaining the trustee count at 22 and meeting the Asia-Oceania representation requirement.
The IFRS Foundation Monitoring Board approved her appointment, establishing a formal link between the trustees and public authorities.
The Trustees chair Erkki Liikanen said: “I am pleased to welcome Rowena to the IFRS Foundation Trustees. Her deep investor expertise and governance experience will make her a complement to the group and an asset to the Foundation.”
Chu said: “It is an honour to serve as a trustee. I look forward to contributing towards the Foundation’s mission and advancing its important work to bring better information to the capital markets.”
The trustees play a role in overseeing the IFRS Foundation, including its standard-setting boards, the IASB and the ISSB.
The IASB, recently published the third edition of the IFRS for SMEs Accounting Standard, marking the completion of its second comprehensive review.
