New Members Began their Terms of Service January 1, 2023
On January 1, 2023, the International Ethics Standards Board for Accountants (IESBA) welcomed two new members following their appointments by the Public Interest Oversight Board (PIOB) in November 2022.
Paul Muthaura (Kenya) is an independent consultant supporting the development of capital markets in emerging African jurisdictions. He is the Africa Chair for the Impact Infrastructure Commission; an Independent Member of the Financial Sector Deepening Trust, Kenya; and a Member of the Securities Advisory Board of the Toronto Centre for Global Leadership in Financial Supervision. A Lawyer and capital markets expert, his work experience includes risk management, standard setting, climate change, and sustainability. He is a former board member and Africa Middle East Regional Chair of the International Organization of Securities Commissions (IOSCO) and has led in a financial services group with operations across East Africa.
“It is an honor to be joining the IESBA at this important time,” said Mr. Muthaura. “I look forward to supporting the work to inject greater responsiveness, innovation, and impact in the IESBA Code and the broader reporting environment noting the global transition process.”
Rania Uwaydah Mardini(Lebanon) is a Senior Lecturer at the Olayan School of Business at the American University of Beirut (AUB) and an advisor to the United Nations Development Programme (UNDP's) Regional Bureau for Arab States. Prior to this appointment, she was a Member of the International Panel on Accountancy Education (IPAE) that advises the International Federation of Accountants (IFAC) and has served as [Board] Member of the International Accounting Education Standards Board (IAESB), the IPAE’s predecessor and Chair of its Public Sector Accounting, Reporting, and Assurance Task Force. She has also served as Vice Chairwoman of the Lebanese chapter of Transparency International (TI) and as a consultant to the UNDP’s Anti-Corruption and Integrity in the Arab Countries (ACIAC) program. She started her career in assurance at Ernst & Young (EY), Beirut office.
“We live in an increasingly complex environment where issues such as sustainability reporting and disruptive technologies present a wide range of unforeseen ethical dilemmas for accountants,” said Ms. Uwaydah Mardini. “Today,the IESBA’s role in providing the strong ethical guidance that drives accountants’ mindsets and judgements is ever so critical, and, as such, I look forward to the challenges and the learnings that this new position will bring!”
In addition to welcoming Mr. Muthaura and Ms.Uwaydah Mardini, the IESBA alsowelcomesthe appointment of Laurie Endsley as the Board’s new Vice Chair. Laurie C. Endsley joined as a Member of IESBA in January 2020, after being nominated by PwC. Ms. Endsley is a partner with PwC and has worked for more than 30 years as an auditor and attorney.
“On behalf of the IESBA I am happy to welcome our new membersand Icongratulate Laurieand Rich on their reappointments,” said IESBA Chair Gabriela Figueiredo Dias. “Paul and Rania come to our Board at a critical time, and I look forward to their diverse and unique insights. Their experiences and perspectiveswilladd to the IESBA’s knowledge baseand help guide our strategic thinking. I also look forward to partnering with Laurie, as Vice Chair, to help lead the IESBA as we tackle an aggressive schedule.”
The PIOB’s Invitation for Applicationfor IESBA members for terms of service beginning in January 2024 is currently open. The IESBA encourages qualified candidates to apply.