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IASB senior director of technical activities appointed as Board member

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May 23, 2013

The Trustees of the IFRS Foundation have announced the appointment of Sue Lloyd as IASB member beginning January 1, 2014. She replaces Prabhakar Kalavacherla, who will retire from the IASB on December 31, 2013, after having served a full, five-year term.

Ms. Lloyd is a senior director of technical activities at the IASB and currently responsible for leading the technical staff in the development of new IFRSs.

Ms. Lloyd is originally from New Zealand and is a former member of the Australian Accounting Standards Board. Before joining the IASB's staff as director of capital markets with responsibility for the IASB’s work to reform the accounting for financial instruments, she held various senior positions within the banking sector in the United Kingdom and in Australasia.

For more information and comments on the appointment by the chairman of the Trustees’ Nominating Committee, the IASB chairman, and Ms. Lloyd, see the press release on the IASB's Web site.

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