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European Commission call for applications for the position of EFRAG Board President

  • EFRAG (European Financial Reporting Advisory Group) (dk green) Image

15 Aug 2014

The revised EFRAG Statutes and EFRAG Internal Rules will establish a new EFRAG Board that will be responsible for all EFRAG positions with the objective of Europe speaking with one voice, facilitated by a consensus-based decision-making process in the EFRAG Board. The European Commission is currently organising a selection procedure to appoint the President of the EFRAG Board. Interested applicants are requested to submit their applications to the European Commission no later than 15 September 2014.

The new EFRAG governance structure to which the new EFRAG Board belongs will become effective on 31 October 2014. According to the revised EFRAG Internal Rules, the EFRAG Board is responsible for all positions of EFRAG, after having considered the technical advice provided by EFRAG TEG and reflecting the results of EFRAG's due process and must ensure that EFRAG has an open and transparent due process including a public consultation process with European constituents on draft EFRAG positions such as discussion papers, draft comment letters, draft consultation documents and draft endorsement advices.

Further information is available in the related EFRAG press release and in more detailed form in the full text of the call for applications (link to website of the EU Commission).

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