View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
July 18, 2018

IFRS Foundation appoints chair of trustees

By Joe Pickard

The former governor of the Finnish Central Bank Erkki Liikanen has been appointed as the chair of the IFRS Foundation Trustees.

The Trustees of the IFRS Foundation are responsible for the governance and oversight of the International Accounting Standards Board, which sets IFRS Standards that are required in over a 140 jurisdictions.

Liikanen has been appointed for an initial three-year term which will commence after Trustees’ meeting in Johannesburg, South Africa, in October 2018.

Alongside his two seven-year terms as governor of the Bank of Finland, Liikanen also served as the country’s minister of finance.

He succeeds Michael Prada who has served as chair since 2011.

Liikanen said: “IFRS Standards have a major role in the global financial system. Michael Prada has done an impressive job as Chair of the IFRS Foundation Trustees, and I am proud to succeed him. I look forward to playing my part in the organisation’s future success.”

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. A roundup of the latest news and analysis, sent every Wednesday.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy


Thank you for subscribing to International Accounting Bulletin