ROGER MARSHALL, the Financial Reporting Council’s (FRC) non-executive chair of its accounting council, has been appointed as European Financial Reporting Advisory Group’s (EFRAG) new acting president.
The ex-PwC audit partner, who chaired the Big Four firm’s global audit policy board between 2003 and 2007, takes on the new role with immediate effect.
FRC CEO Stephen Haddrill said: “Roger’s extensive experience means he will make a significant contribution in the role of Acting President of the EFRAG board in securing a more streamlined and effective dialogue between Europe and the global accounting standard-setting community.”
Marshall, who left PwC in 2009 and now serves on several boards including Old Mutual, said: “I would like to pay tribute to the members of the EFRAG Supervisory Board and of TEG, past and present, for their work in building EFRAG to its current well regarded position.
“With the other members of EFRAG’s new board I hope to build on that platform so that we may present a strong European voice to the international accounting debate, one which takes full account of the public interest and the views and concerns of our various stakeholders in Europe.”
EFRAG’s key roles include providing proactive advice to the IASB, advising the EC on the acceptability of IFRS for endorsement in Europe and on changes to the accounting directive.
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