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IASB appoints Executive Technical Director

  • Hugh Shields Image

12 Dec 2013

The International Accounting Standards Board (IASB) has appointed Hugh Shields as Executive Technical Director. Mr Shields will lead the IASB's technical staff and be responsible for the efficient delivery of all technical activities.

Mr Shields follows Sue Lloyd who is currently Senior Director of Technical Activities for the IASB and has been appointed as IASB member beginning 1 January 2014. The change in title to 'Executive Technical Director' suggests that Mr Shields' portfolio of tasks will differ slightly from Ms Lloyd's.

Mr Shields currently serves as a Managing Director for Credit Suisse in the Europe, Middle East and Africa region and is responsible for both financial and regulatory reporting across the bank. He will begin his work at the IASB in March 2014.

Please click for more information in the press release on the IASB website.

Following the appointment of Hugh Shields, IASB Chairman Hans Hoogervorst provided an overview of recent changes to the leadership of the IASB's technical staff which recognises the changing landscape within accounting standard-setting.

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