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IFAC, the International Federation of Accountants, has announced its first ever female-majority board, following the approval of eight board members, including five women, at its annual council meeting in Vancouver.
Over the course of the past decade, IFAC has committed to improving the gender balance on its board and committees. Through dedicated and ongoing outreach to attract a diverse slate of candidates, with a particular focus on gender diversity, 12 of IFAC’s 23-member board are now women.
“On behalf of IFAC, I congratulate and welcome all of our new and returning board members. Each of these individuals was nominated and approved on the basis of their leadership qualities, business acumen, and passion for the future of our profession.
“We are particularly pleased that, as a result of our deliberate focus on gender diversity, the majority of these well-qualified board members are women,” said Dr In-Ki Joo, IFAC president.
New IFAC Board members and their nominating member organizations are:
IFAC has also approved Albanian Institute of Certified Accountants, Instituto Salvadoreño de Contadores Públicos and Certified Practising Accountants of Papua New Guinea as members. In addition, five professional accountancy organisations have been approved to join the body.
“We are committed to representing—and advancing—the global accounting profession. With a majority-female board and associates in four new countries, this is a proud moment for IFAC,” said Dr. Joo.