IFAC strengthens Asia and Africa reach
The International Federation of Accountants (IFAC) has announced the appointment of new associates, strengthening its global reach.
At the group’s annual council meeting, the IFAC Council voted to admit new associates from Burkina Faso and Vietnam, continuing to expand the body's diversity and coverage.
“It is with pleasure that we welcome, after a comprehensive admission, these new IFAC associates,” stated Fayezul Choudhury, IFAC CEO.
“Our new associate from Burkina Faso is the first professional accountancy organisation from that country to join IFAC, while VACPA is the second organisation to join from Vietnam.
“We welcome them into the global profession and look forward to working together to advance IFAC’s mission of supporting global economic growth and development,” he added.
In addition to an expansion, four new members in total were elected to the IFAC Board; Bill Balhoff (United States), Alan Johnson (United Kingdom), Terence Nomembe (South Africa) and Dr. Zhiguo Yang (China).
Olivia F. Kirtley, IFAC president, welcomed the new members, noting that the additions represented the depth and breadth of the profession’s talent, as well as a further example of its diversity.
IFAC also announced that it is already looking forward to 2017, with a total of 29 vacancies set to open across the board and committees, including two leadership positions of IFAC deputy president and SMPC chair.
All vacancies are open for nominations by IFAC member organisations.
“Volunteers are central to IFAC’s effective functioning, and that of its committees,” said Ms Kirtley.
“We are indebted to them for their time and commitment to the accountancy profession and the public interest. We thank all our member organisations for their continued support and look forward to receiving their nominations.”