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