New chair appointed to Canada’s Public Sector Accounting Board

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Nov 06, 2020

On November 6, 2020, the Public Sector Accounting Board (PSAB) announced that former assistant auditor general Clyde MacLellan takes helm of the Public Sector Accounting Board, effective November 1, 2020 for a five-year term.

The Accounting Standards Oversight Council (AcSOC) unanimously approved his appointment at its October 2020 meeting, concluding an ongoing search that commenced this past summer.

MacLellan was serving as interim chair since July and assumed the role permanently as of November 1, 2020. He replaces former chair Charles-Antoine St-Jean, FCPA, FCA, who was appointed President and CEO of CPA Canada.

His initial term will be five years and five months ending March 31, 2026, with an option to renew at both parties’ discretion for three years.

Review the press release on the PSAB's website.

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