Hans Hoogervorst reappointed as IASB Chairman, Ian Mackintosh to retire as Vice-Chairman at end of first term
Feb 12, 2016
On February 12, 2016, the Trustees of the IFRS Foundation, responsible for the governance and oversight of the International Accounting Standards Board (IASB), announced the reappointment of Hans Hoogervorst as IASB Chairman for a second, five-year term with effect from July 1, 2016. At the same time, the Trustees announced that Ian Mackintosh has decided not to seek a second term, and will step down as IASB Vice-Chairman when his first term expires on June 30, 2016.
The IFRS Foundation is currently undertaking a review of its structure and effectiveness, while the Board is reviewing its Agenda for the next five years. These reviews are exploring possible changes to the composition and the size of the Board and its work in the coming years. In that context, Mr Mackintosh has proposed that he retire from the Board in 2016. The Trustees intend to discuss the review of structure and effectiveness in the coming months.
Review the press release on the IASB's Web site.