The Nominating Committee was an ad hoc committee with a single purpose: to slect the initial IASC Foundation Board of Trustees, which they did in May 2000. The Nominating Committee comprised (affiliations as of 2000):
- Arthur Levitt
Chairman, US Securities and Exchange Commission
Chairman of the Nominating Committee
- Karl H. Baumann
Chairman of the Supervisory Board, Siemens, and Deputy Chairman of the German Accounting Standards Board
- James E. Copeland, Jr.
Chief Executive Officer, Deloitte Touche Tohmatsu
- Howard Davies
Chairman, UK Financial Services Authority
- Michel Prada
Chairman, French Commission des Operations de Bourse
- Andrew Sheng
Chairman, Hong Kong Securities and Futures Commission
- James Wolfensohn
President, The World Bank
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