Erica William has been sworn in as the chair of the US’ Public Accounting Oversight Board (PCAOB). The US’ Securities and Exchange Commission (SEC) conducted the swearing-in ceremony virtually.
Appointed by the SEC on November 8, 2021, Williams’ initial term will run through October 24, 2024.
Williams joins the PCAOB from Kirkland & Ellis LLP, where she was a litigation partner. She previously served as a special assistant and associate counsel to President Barack Obama, advising the president and his senior advisors on legal and constitutional issues involving economic policy, financial regulation and reform, financial technology, trade, intellectual property, and data protection and privacy.
Commenting on her appointment, Williams said: “In our dynamic and evolving capital markets, the PCAOB’s mission to protect investors and further the public interest is extremely important. I am honored to take up this mission and to lead this organization’s dedicated, talented staff. Together, we have an extraordinary opportunity to build trust through robust oversight and engagement.