The trustees of the IFRS Foundation have appointed Takatsugu Ochi as a member of the IASB for a five year term.
Ochi currently works for a financial resources management group Sumitomo Corporation as assistant general manager.
Ochi is also a member of the IFRS interpretations committee
He will begin his term 1 July 2011. The IFRS Foundation has also announced the reappointment of Philippe Danjou, who will serve a second five-year term as IASB member.