News
IPSASB Announces Historic Female-Majority Board and Increased Geographic Diversity for 2022
26-Oct-2021
LONDON - The International Public Sector Accounting Standards Board (IPSASB) announced that in 2022 it will have a majority female Board for the first time. The IPSASB will be comprised of ten women and eight men beginning January 1, 2022.
The geographic diversity of the IPSASB will also increase with new members from China and Saudi Arabia.
The new appointees to the IPSASB have been selected following a rigorous nomination and interview process involving the IFAC Nominating Committee and IPSASB leadership, overseen by the Public Interest Committee. The IFAC Board approved the recommended candidates.
The four new Board members are:
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Mr. Abdullah Al-Mehthil, Saudi Arabia
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Ms. Claudia Beier, Switzerland
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Mr. Maik Esser-Müllenbach, Germany
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Ms. Liang Yang, China
The following two current Board members have been reappointed:
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Ms. Luzvi Chatto, Philippines
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Ms. Lynn Pamment, United Kingdom
“The IPSASB is leading the way with a majority female Board for 2022,” said IPSASB Chair Ian Carruthers. “Diversity of Board membership is essential to ensure the delivery of high-quality standards that can strengthen public financial management globally. The appointment of new members from the Asia and Middle East regions will also be important to ensuring that our outputs meet the needs of an increasingly diverse group of users.”
The IPSASB also announced that Ms. Lindy Bodewig of South Africa will continue her role as the IPSASB Deputy Chair for 2022. “I am extremely pleased that Lindy has agreed to serve as my deputy for another year. Lindy brings to our work the powerful combination of experience through her day job in government and national,, and international public sector standard-setting. She has played a particularly important role as the chair of the Task Force of our high-profile project on Natural Resources,” said Mr. Carruthers. “I also want to take this opportunity to thank outgoing members, Mike Blake, Adrienne Cheasty, Bernhard Schatz, and Marc Wermuth for their many important contributions to our work during their time with the Board. We are extremely grateful for their dedication and commitment”.
Source: www.ifac.org