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13 August 2024
IFRS Foundation Trustees reappoint IASB members to serve a second term
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The IFRS Foundation Trustees have reappointed Zach Gast and Bruce Mackenzie to serve second terms as members of the International Accounting Standards Board (IASB).
The Trustees are responsible for the governance of the Foundation and oversight of its standard-setting boards—the IASB and the International Sustainability Standards Board (ISSB).
Mr Gast’s second term will end 31 July 2028 and Mr Mackenzie’s second term will end 30 September 2030.
The Trustees have also extended Nick Anderson’s second term by two years to the maximum five years, ending 31 August 2027.
The Trustees reappointed the members after a thorough process designed to ensure that the IASB comprises people that will be strong contributors to the IASB’s work plan and that come from varied professional and geographical backgrounds.
The requirements for the composition of the standard-setting boards are set out in the IFRS Foundation’s Constitution.
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