š The Search Begins
The IFRS Foundation Trustees have kicked off the search for a new Managing Director, anticipating the end of Michel Madelain's term in autumn 2026. Madelain has been pivotal in spearheading a two-year transformation programme, ensuring the Foundation remains future-proof.
In an era where financial standards are crucial, the IFRS Foundation plays a significant role in maintaining and developing IFRS Accounting Standards, required in over 140 jurisdictions worldwide.
š The Global Footprint
Since expanding its remit in 2021, the Foundation has been focused on creating a global baseline for sustainability-related financial disclosures. This move aims to enhance transparency and reliability in capital markets globally.
Ken Robinson, Chair of the Nominating Committee, emphasized the importance of this role:
"We are searching for a new Managing Director to continue to lead the IFRS Foundationās transformation and operational strategy when Michel Madelainās term ends in autumn 2026."
š Transition and Continuity
The Trusteesā Nominating Committee, led by Ken Robinson and supported by an executive search firm, is at the helm of this quest. The new Managing Director will collaborate closely with the Chairs of the International Accounting Standards Board and the International Sustainability Standards Board to ensure the continuity of the Foundationās mission.
Michel Madelain remains focused on delivering the Foundationās strategy and ensuring a seamless transition to his successor.
