The Trustees of the IFRS Foundation
31 Dec 2020
Dr Takafumi Sato is the former President of the Japan Exchange Regulation, the self-regulatory body for the world’s third largest stock exchange. Dr Sato served as Commissioner of the Financial Services Agency from 2007 to 2009. During his tenure, Dr Sato directed the agency in drawing its roadmap towards the application of IFRS in Japan, which included allowing domestic corporations to voluntarily apply IFRS. Dr Sato also served as a founding member of the IFRS Foundation Monitoring Board.