The International Accounting Standards Board’s (IASB) Global Preparers Forum (GPF) has appointed three new members—Lily Hu, Patrick Matos and Feifei Wang—for an initial five-year term.
Ms Lielei “Lily” Hu is CEO of Qiangshen Go with Me, a tech company innovating operational and financial services. Before that, from 2012 to 2017, she was CFO of Shenhua Holding, a public listed company in China. Ms Hu has more than 20 years of experience in financial- and accounting-related positions across multiple industries including automotive, logistics, and tech service.
She received her MBA from the Booth Business School at the University of Chicago. She is a fellow member of CIMA, a member of ACCA and CPA Australia.
Mr Patrick Matos is the Director of Technical Accounting at Natura & Co, responsible for the preparation of the Group's financial statements and for determining accounting and reporting policies, including the interpretation and application of IFRS Accounting Standards throughout the Group’s global operations in more than 110 countries. Before joining Natura & Co, he worked at Ernst & Young Brazil, and was involved in capital markets, complex matters relating to IFRS Accounting Standards and consultations, as well as discussions with standard-setters and regulators.
Mr Matos is also a guest member of the Brazilian Accounting Standards Committee, Coordinator of the Climate-related information Commission on Fundação Getulio Vargas University and a certified public accountant in Rio de Janeiro, Brazil and Washington in the United States.
Ms Feifei Wang is the Head of Investor Relationship in Corporate Finance, China, of Syngenta Group. Before joining Syngenta, she worked with Sinochem Group for 10 years in financial reporting, mergers and acquisitions, and other finance-related functions. Ms Wang has also worked at Deloitte.
She has a bachelor’s in accountancy from Xiamen University in China and a master’s in accountancy from the University of Notre Dame in the US. She is also a CFA and ACCA member.
The GPF is an independent body from the IASB and the IFRS Foundation, with the specific aim to provide the IASB with regular input from the international community of preparers of financial statements.
The GPF consists of members with considerable practical experience of financial reporting and who are established commentators on accounting matters in their own right or through working with representative bodies in which they are involved. Members are drawn from a variety of industry and geographical backgrounds and are selected by the GPF on the merits of their professional competence and practical preparer experience in order to contribute to the development of high-quality, global accounting standards.