On January 1, 2024, the International Ethics Standards Board for Accountants (IESBA) welcomed three new members following their appointments by the Public Interest Oversight Board (PIOB) in November 2023.

• Tomoyo Imura (Japan), Director, Member of the Board, and Member of the Audit & Supervisory Committee, Nomura Asset Management Co. Ltd.

"I am honored to join the IESBA,’ said Ms. Imura. “I am eager to contribute to the enhancement of the IESBA standards, adapting them to the evolving global landscape. I firmly believe that maintaining an ethical mindset will be increasingly vital in the future."

• Amarjeet Singh (India), Member, Securities and Exchange Board of India (SEBI)

“'The societal expectations from today’s sustainability and technology-driven world of business and finance to have higher standards of ethics and integrity are rising,” said Mr. Singh. “The relevance of ethics in the financial world deserves center stage and needs greater public discourse. IESBA is playing a pivotal role in this space. It is a privilege to join the IESBA’s Board and contribute to its public interest work.”

• David Wray (France), retiring from Huawei, Global Finance, and current Board Member, International CFO Alliance (ICFOA)

“It is a genuine privilege to join IESBA at this important time of profound change for the accountancy profession and its global community of stakeholders,” said Mr. Wray.  “From the connectivity and digitalization of financial and sustainability information to technologies that stand ready to fundamentally change what we do as finance and audit professionals and how we do it, it is truly a once-in-a-lifetime experience to be part of this exciting journey. As an international finance leader, I look forward to helping shape the global profession and ensuring a transparent, connected, equitable, and level playing field for everyone globally, underpinned by the IESBA Code.”

The IESBA also welcomes the reappointments of:

• Saadiya Adam (South Africa), Senior Professional Manager for Standards at the Independent Regulatory Board for Auditors (IRBA) in South Africa
• Vania Borgerth (Brazil), Retired accountant, a PhD Candidate in Accountancy, Fucape Business School, Brazil; and Deputy Coordinator of International Relations at CBPS, the Brazilian Committee for Sustainability Pronouncements
• Sung-Nam Kim (Republic of Korea), Currently a non-partner advisor of EY Korea and a former Executive Auditor of the Korean Institute of Certified Public Accountants (KICPA)
• Andrew Mintzer (United States of America) a principal at Hemming Morse LLP, providing forensic accounting services, and
• Luigi Nisoli (Italy), Partner and Director of Independence at Deloitte

“It gives me great pleasure to welcome Tomoyo, Amarjeet, and David to the IESBA, and I congratulate Saadiya, Vania, Sung-Nam, Andy, and Luigi on their reappointments,” said IESBA Chair Gabriela Figueiredo Dias. “The challenges ahead for IESBA are significant as we take on issues of global importance, like ethics in sustainability reporting and assurance, accounting firm culture and governance, and the expansion of the scope of the Code. To meet these challenges, we’ve set aggressive targets and made global commitments. We know the opportunities ahead are great when we lead with ethics. By bringing in three new perspectives, and three new voices, we grow as a Board. By keeping the voices of Saadiya, Vania, Sung-Nam, Andy, and Luigi, we bring continuity and “board” knowledge alongside their valued input and deep understanding of our issues.  I look forward to all the diverse and unique insights as they will all add to IESBA’s knowledge base and help guide our strategic thinking.”

The PIOB’s Invitation for Application for IESBA members for terms of service beginning in January 2025 is currently open. The IESBA encourages qualified candidates to apply.

About IESBA

The International Ethics Standards Board for Accountants® (IESBA®) is an independent global standard-setting board. The IESBA’s mission is to serve the public interest by setting high-quality, international ethics (including independence) standards as a cornerstone to ethical behavior in business and organizations, and to public trust in financial and non-financial information that is fundamental to the proper functioning and sustainability of organizations, financial markets and economies worldwide.

Along with the International Auditing and Assurance Standards Board (IAASB), the IESBA is part of the International Foundation for Ethics and Audit (IFEA). The Public Interest Oversight Board (PIOB) oversees IESBA and IAASB activities and the public interest responsiveness of the standards.

The International Auditing and Assurance Standards Board (IAASB) is pleased to welcome five new members following their appointments by the Public Interest Oversight Board (PIOB) in November 2023.

• Sami Alshorafa is the Deputy for Supervision, Capital Market Authority Saudi Arabia, where he is based. He leads the supervision of listed entities' financial statements, auditors, and governance as well as compliance of collective investment schemes. He has also worked as an audit partner at two of the big four audit firms.

Mr. Alshorafa: “Being part of the IAASB constitutes an excellent opportunity for accountants and specialists from different backgrounds and different geographical jurisdictions to come together with one main objective in mind, which is serving the public interest of the capital markets by cooperating in the development of high-quality auditing standards.”

• Hernán Casinelli is the Chair of the Accounting and Assurance Standards Board of Argentina, where he is based. He has held positions as a member of the International Accounting Standards Board’s SME Implementation Group and the IAASB's ISA for LCEs’ Reference Group.

Mr. Casinelli: “I look forward to working in the public interest to develop standards that enhance confidence in corporate reporting. I am certainly joining the IAASB at an exciting and challenging time.”

• Vishal Doshi is a Council member of the Institute of Chartered Accountants of India. He is also the Vice Chair of ICAI’s Auditing and Assurance Standards Board and a partner in K C Mehta & Co LLP, in India, where he is based.

Mr. Doshi: “The IAASB plays a very important role in global standards setting and I am looking forward to contributing towards the IAASB' s objectives to meet stakeholders’ expectations and serve public interest.”

• Robert Koethner is the retired Vice President, Chief Accounting Officer, Mercedes-Benz Group AG, a role he held for more than 20 years. During his career, he worked closely with audit firms as well as governance bodies, including supervisory boards and audit committees, on an international scale. He is based in Germany.

Mr. Koethner: “As a former Chief Accounting Officer for a publicly listed and globally operating company I am looking forward to share my experience from a preparers side with my fellow board members to deliver international high-quality auditing standards.”

• Chrystelle Richard is Associate Professor in Accounting, ESSEC Business School, and is based in France. Dr. Richard teaches financial accounting and sustainable reporting in bachelor, master, and executive programs. Her primary research interests focus on firms' oversight and new forms of economic governance, including public-private partnerships and financial industry regulation.

Dr. Richard: “I feel very privileged to serve the IAASB at such an exciting time. The challenges of sustainability as well as technological developments present the IAASB with an ambitious and demanding agenda in 2024 and beyond. I am deeply honored to provide my academic expertise to the IAASB, and I am fully committed to serve it with the highest sense of the public interest.”

The IAASB is also pleased to share that two members were re-appointed by the PIOB for terms that also began on January 1, 2024:

• Edo Kienhuis is PwC’s Global Standards Leader and a partner in the Audit and Assurance practice in Amsterdam, where he is a member of the National Office Methodology team and serves as an engagement quality review partner on several listed entities; and
• Wendy Stevens is the National Practice Leader for Quality & Risk Management (QRM) at Mazars in the US, the Mazars Group International Quality Management leader, and a member of the Mazars Group QRM Board.

The PIOB’s Invitation for Application for IAASB members for terms of service beginning in January 2025 is open until February 9, 2024. The IAASB encourages qualified candidates to apply.

About the IAASB
The International Auditing and Assurance Standards Board develops auditing, assurance, related services, and quality management standards and guidance in the public interest that support consistent performance of quality engagements. Along with the International Ethics Standards Board for Accountants, the IAASB is part of the International Foundation for Ethics and Audit. The Public Interest Oversight Board oversees IAASB and IESBA activities and the public interest responsiveness of the standards. For copyright, trademark, and permissions information, please visit Permissions.