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The IFRS Foundation Trustees have today announced that Florian Esterer has been appointed as a member of the International Accounting Standards Board (IASB), taking the IASB to its full complement of 14 members.

Mr Esterer brings robust investor experience, including experience in sustainable investment. He recently worked at Bank J. Safra Sarasin as Head of Core Equities, leading a team of portfolio managers and analysts who manage the bank’s regional and discretionary equity investment strategies.

Previously, he worked at Swisscanto as head of global equities and at MainFirst Asset Management as a senior portfolio manager.

Mr Esterer has an MBA from American University in Washington DC, and he is a CFA charterholder. He served as a board member and was president of CFA Society Switzerland for nine years.

He is also a member of the Capital Markets Advisory Committee which provides the IASB with regular views from the international community of users of financial statements.

He will join the IASB in April 2023 for a five-year term.

Erkki Liikanen, Chair of the IFRS Foundation Trustees, said:

The IASB has a diverse range of experience, and Florian will provide important investor perspective to the IASB's standard-setting. His appointment now completes the composition of the board.

Andreas Barckow, Chair of the IASB, said:

Florian will bring further valuable investor experience to the board table, and I look forward to working more closely with him alongside the other IASB members.

Florian Esterer said:

Having worked in an advisory capacity with the IASB, I am now privileged to be given the opportunity to support the further development of IFRS Accounting Standards, and to present investors’ varied perspectives on the IASB. I am looking forward to working with the staff and my fellow board members to enhance transparency and accountability in financial markets.

The appointment of the Vice-Chair of the IASB is expected by the end of the year.

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