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Non-Accountant to Replace Tweedie at IASB

Global Glimpses | October 12, 2010

The International Accounting Standards Board announced today that the new man in charge of International Financial Reporting Standards will be a Dutch financial markets regulator and former politician who is not an accountant.

IASB said Hans Hoogervorst would replace Sir David Tweedie as chairman when he retires at the end of June 2011.

HoogervorstHoogervorst is co-chair of an advisory board that rushed to Tweedie’s defense in April 2009 when IASB came under intense pressure from European political leaders, notably the French.

His Financial Crisis Advisory Group—an IASB...

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