07 November 2019

IFRS Foundation appoints three new Trustees

The IFRS Foundation has appointed Alexsandro Broedel, Joanna Perry and Maria Theofilaktidis as new Trustees and re-appointed three of the current Trustees.

The IFRS Foundation Trustees are responsible for the governance and oversight of the International Accounting Standards Board, which sets IFRS Standards.

The following Trustees have been appointed for a three-year term starting 1 January 2020:

Alexsandro Broedel is Group Executive Finance Director and Investor Relations Head at Itau Unibanco in Brazil—the largest private financial institution in Latin America. He will take up one of the Americas seats as Maria Helena Santana steps down, having come to the end of her second term.

Joanna Perry holds a variety of senior non-executive positions for both public and private organisations in New Zealand and is serving the last few weeks of her second term as Chair of the IFRS Advisory Council, a position she has held since 2014. She will take up the Asia-Oceania seat as Lynn Wood steps down.

Maria Theofilaktidis is Executive Vice-President, Chief Compliance Officer and Head of Enterprise Risk for The Bank of Nova Scotia (Scotiabank), one of Canada’s largest multinational banks. She will take up another Americas seat as Sheila Fraser steps down.

Else Bos, Su-Keun Kwak and Guangyao Zhu have been re-appointed for a second and final three-year term, effective 1 January 2020.

The Trustee appointments are approved by the Trustees and the IFRS Foundation Monitoring Board, the group of capital market authorities that reinforces the public interest oversight of the IFRS Foundation.

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