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IFRS Foundation Trustees propose tenure increases for Chair and Vice-Chair

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19 Jun 2018

The Trustees of the IFRS Foundation have issued narrow-scope amendments to the IFRS Foundation Constitution that will increase the maximum tenure of the Trustees’ Chair and Vice-Chair.

Specifically, the proposed amendments would:

  • Increase the maximum tenure of the Trustee Chair and Vice-Chair to nine years.
  • Allow the option to appoint a Chair from either internally within the Trustees or externally.
  • Clarify the requirements for Trustee reappointments.

Comments on the proposal are due by 17 September 2018. For more information, see the press release on the IASB’s website.

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