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Two new IFRS Foundation Trustees appointed

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Feb 10, 2012

The IFRS Foundation has announced the appointment of James Quigley and C.B. Bhave as Trustees.

  • James Quigley is a senior partner of the U.S. member firm Deloitte LLP and former global chief executive officer of Deloitte Touche Tohmatsu Limited. Throughout his 37 years with the organization, Mr. Quigley held many leadership roles and has built a distinguished track record of service to many multinational clients. In addition to his Deloitte responsibilities, Mr. Quigley is co-chairman of the TransAtlantic Business Dialogue, and he serves as a board member and adviser to several organizations. He is a former trustee of the Financial Accounting Foundation, a former board member of the Center for Audit Quality, and has served on financial reporting advisory committees to the SEC and the AICPA.
  • C. B. Bhave is a former chairman of the Securities and Exchange Board of India (SEBI), the Indian securities and market regulator. During this time he also served as chairman of the Asia-Pacific Regional Committee and as a member of the Executive and Technical Committees of the International Organization of Securities Commissions (IOSCO). Before chairing the SEBI, Mr. Bhave served as chairman and managing director of the National Securities Depository, during which time he led the reform of the Indian Tax Information Network and created India’s first share depository.

The appointments, approved by the IFRS Foundation Monitoring Board, begin immediately and will expire on December 31, 2014. The terms are renewable once.

Click for the press release (link to the IASB's Web site). Deloitte has also issued a press release about Mr. Quigley's appointment.

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