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The Institute of Public Accountants (IPA) has congratulated IPA member, Rachel Grimes FIPA FFA, for her appointment as director to the Accounting Professional and Ethical Standards Board (APESB).
Ms Grimes was previously president of the International Federation of Accountants (IFAC). She was appointed in November 2016 after serving as deputy president since 2014 and IFAC Board member since 2011.
"The IPA was very pleased to have nominated Ms Grimes for the position. As past president of the International Federation of Accountants (IFAC) Ms Grimes is an excellent selection who brings significant skills and experience to APESB," said IPA chief executive officer, Andrew Conway.
"I have had the pleasure of working with Ms Grimes in her former IFAC role and there is no doubt, Rachel will bring many benefits, through her vast experience and talents, to APESB which plays such an important role within the accounting profession," Mr Conway noted.
He noted that, not only has Ms Grimes represented the profession on the global stage, "her accounting and financial services background brings significant experience to the APESB table".
"In addition, Ms Grimes is a strong advocate for diversity which sits well with the culture and strategy of the IPA, and we are very proud to have her as part of the IPA family," Mr Conway added.
Ms Grimes is the second nominee on APESB, after Kevin Osborne FIPA FFA took up the nomination in 2013.
"The IPA has continued to strongly support APESB and the importance of its role in standard setting and ensuring the profession maintains its highest level of ethics; essential elements for the good of the profession and the public it serves," said Mr Conway.