Sweden’s Göran Tidström has been appointed
president of the International Federation of Accountants
(IFAC) for a two-year term.

The announcement was made today at the IFAC
Council meeting in Kuala Lumpur, Malaysia, where the Council also
approved the nomination of New Zealand’s Warren Allen for deputy
president, a role previously held by Tidström.

“I am pleased to assume the role of president
of this remarkable organisation. We have the vision and the
resources that will further enhance the relevance of the
accountancy profession to the global economy and make IFAC even
more valuable to all member bodies,” Tidström said.

Tidström became a member of the IFAC Board in
2003, served as chair of the Planning and Finance Committee and is
a member of the IFAC Regulatory Liaison Group. He brings more than
30 years of experience as a public accountant with PWC in
Stockholm, Sweden, where he is a senior partner and former

Allen will serve as deputy president for a
two-year term, and also takes the role of chair of the Planning and
Finance Committee, which helps develop the strategic plan for