The Advisory Council is the formal advisory body to the Trustees and the International Accounting Standards Board (IASB). It advises the IFRS Foundation on its strategic direction, technical work plan and priorities.

The new and reappointed members of the Advisory Council are:

• Andreas Barckow - Accounting Standards Committee of Germany
• Garth Jones - AIA Group
• Maria Ángeles Peláez Morón - Banco Bilbao Vizcaya Argentaria, SA
• Sergey Epifanov - Lukoil
• Tessa Kuijl - Ortec Finance
• M P Vijar Kumar - South Asian Federation of Accountants
• James Andrus - Council of Institutional Investors
• Trevor Derwin - Deloitte & Touche
• Daniel Civit - Grant Thornton
• Russell Guthrie - International Federation of Accountants (IFAC)
• Ellen Gaston - International Monetary Fund (IMF)
• George Iguchi - The Securities Analysts Association of Japan
• William Coen - Basel Committee on Banking Supervision
• Aziz Dieye - Fédération Internationale des Experts-Comptables Francophones
• Isabelle Ferrand - International Co-operative Alliance
• Andrew Marshall - KPMG
• Yibin Gao - Ministry of Finance, People’s Republic of China

All appointments take effect January 1, 2019 and are for a three-year period.

In addition, the Trustees noted that the following members are stepping down from the Council at the end of 2018 or have stepped down already: Gavin Francis, Jake Green, Igor Kozyrev, Ghiath Shabsign, Anne Simpson, Lynda Sullivan, Stephen Taylor, Goro Kumagai, and Colin McDonald.

Review the press release on the IASB's website.