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Two new trustees join IFRS Foundation

THE BODY responsible for the governance and oversight of the IASB has appointed two new members to its group of trustees.

Maria Helena Santana and Lynn Wood will serve as trustees of the IFRS Foundation from 1 January next year, with their terms expiring on 31 December 2016, renewable for a further three-year term.

Santana was appointed chair and president of the Comissao de Valores Mobiliarios, the Brazilian Securities and Exchange Commission, in 2007, completing a five-year term in July 2012. During her tenure at the CVM, Santana oversaw the successful transition and adoption of IFRS by Brazilian public companies.

Between 1994 and 2006 she was an executive officer of the Brazilian stock exchange – BOVESPA.

Lynn Wood has served as chairman of the Australian Financial Reporting Council and as a member of the New Zealand External Reporting Board since 2011. From 1995 to 2010 she was a member of the Australian Foreign Investment Review Board.

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