Dr. Stavros B. Thomadakis has been reappointed Chair of the International Ethics Standards Board for Accountants® (IESBA®) for a renewable one-year term commencing January 1, 2018, the key post Dr. Thomadakis has held since 2015.
Over the past three years, Dr. Thomadakis has championed the key role ethics play for the global accountancy profession in the public interest. He has also led the IESBA through significant projects relating to the Code of Ethics for Professional Accountants (the Code) and enhancing its understandability and accessibility, including responding to non-compliance with laws and regulations (NOCLAR) and restructuring the Code.
James Gunn, Managing Director, Professional Standards, said, “Dr. Thomadakis’ re-appointment is very much welcome. He has provided extraordinary dedication to this role and delivered tremendous leadership for various projects that have not only elevated awareness of the Code of Ethics but also enhanced the reputation of the IESBA as an independent standard setter.”
“I am honored to continue this journey with the Ethics Board, and have the opportunity to support the evolution and implementation of the global Code of Ethics. Our hard work is far from complete, and we will need to continue to be innovative and responsive to the evolving global public interest by achieving and maintaining high-quality ethics standards. The formulation of IESBA’s new Strategy and Work Plan is a major challenge for the next year. The pursuit of innovative and challenging new projects and the wider adoption of the Code will serve to solidify the reputation of the global profession of all accountants and their commitment to the global public interest,” said Dr. Thomadakis.
To access the Ethics Board Strategy and Work Plan, visit the Ethics Board’s website: www.ethicsboard.org.
About the IESBA
The IESBA is an independent standard-setting board that develops and issues, in the public interest, high-quality ethical standards and other pronouncements for professional accountants worldwide. Through its activities, the IESBA develops the Code of Ethics for Professional Accountants, which establishes ethical requirements for professional accountants. The structures and processes that support the operations of the IESBA are facilitated by IFAC. Please visit www.ethicsboard.org for more information, and follow us on Twitter @Ethics_Board.
About IFAC
IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of more than 175 members and associates in more than 130 countries and jurisdictions, representing almost 3 million accountants in public practice, education, government service, industry, and commerce.