Osman Sattar

CMAC member

Group:

Capital Markets Advisory Committee

Title:

CMAC member

Biography:

Mr Osman Sattar is a Director (Accounting Specialist) for the Financial Institutions group for Europe, Middle East and Africa at Standard & Poor's Ratings Services. He joined the company in February 2012 and is based in London.

His expertise is called upon by S&P’s EMEA credit analysts on complex accounting issues such as financial instruments, deferred tax, pensions and other topics. His responsibilities also include providing focused IFRS training for credit analysts across EMEA and considering the impact of changes in IFRS on S&P’s ratings criteria. He is also a key part of S&P’s outreach efforts to the IASB, FASB and regulators. He is also a member of the Corporate Reporting Users’ Forum banking group and the FSB’s Enhanced Disclosure Task Force (EDTF).

Prior to joining Standard & Poor’s Mr Sattar was a Senior Associate at the UK Financial Services Authority (FSA) for 3 years. His responsibilities included negotiating and promoting the FSA’s position within the European Securities & Markets Authority (ESMA) and the International Organization of Securities Commissions (IOSCO) on accounting and audit matters, developing FSA discussion papers on UK banks’ financial reporting and briefing FSA and Bank of England senior management on significant accounting matters. Prior to joining the FSA, Osman was at PwC for 9 years where he brought expertise to the Capital Markets and Assurance practices as a Manager.

Mr Sattar is a graduate of Brunel University where he holds a BSc (Hons) in Economics. He is a qualified chartered accountant (ACA).

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