The IFRS Foundation Trustees—responsible for the governance, strategy and oversight of the Foundation and its two standard-setting boards—have started the search for a Managing Director to succeed Michel Madelain when his term concludes.
Mr Madelain commenced his two-year term in September 2024. He has been instrumental in identifying the need for and directing a two-year transformation programme designed to ensure the Foundation is fit for the future.
The programme follows the successful expansion of the Foundation’s remit in 2021 to include the development of a global baseline of sustainability-related financial disclosures focused on the capital markets in addition to developing and maintaining IFRS Accounting Standards, which are required in more than 140 jurisdictions.
The search is led by the Trustees’ Nominating Committee, which is chaired by Ken Robinson, and supported by an executive search firm.
Ken Robinson, Chair of the Nominating Committee, said:
We are searching for a new Managing Director to continue to lead the IFRS Foundation’s transformation and operational strategy when Michel Madelain’s term ends in autumn 2026. The candidate will work closely with the Trustees and the Chairs of the International Accounting Standards Board and the International Sustainability Standards Board to ensure the Foundation continues to meet capital markets’ need for reliable and comparable financial information.
Michel remains focused on delivering the Foundation’s strategy and on ensuring a smooth transition to his successor.
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IFRS Foundation strategy and governance
