EFRAG TEG Chairwoman Chiara Del Prete appointed as IFASS Chair from March following the nomination by EFRAG

​EFRAG has been granted the Chairmanship of International Forum of Accounting Standard Setters (IFASS) with EFRAG TEG Chairwoman, Chiara Del Prete, being the new IFASS Chair succeeding Yasunobu Kawanishi, for the March 2022 - March 2024 period.

​The International Forum of Accounting Standard Setters (IFASS) is a grouping of national accounting standard-setters from around the world, plus other organisations that have a close involvement in financial reporting issues.

Chiara Del Prete has been selected for the Chair position following the nomination by EFRAG. She will take over from Yasunobu Kawanishi and assume her function after the next virtual IFASS meeting taking place on 7 and 8 March 2022 for the coming two years.

Jean-Paul Gauzes, EFRAG Board President said: 
“We are very honoured by the trust that the IFASS members have put into EFRAG and Chiara by voting for Chiara as the new IFASS Chair and we see it as a recognition of EFRAG's financial reporting work at a global level. It will enhance the possibilities for EFRAG to provide thought leadership on corporate reporting at a global level. In addition, it is an excellent opportunity to maintain and enhance relationships with standards setters outside Europe”.

Chiara Del Prete said: 
“It is a great honour to be selected by the IFASS members and to succeed Yasunobu Kawanishi as IFASS Chair. Yasunobu is an excellent Chair and has set the barrier high. Together with my colleagues at EFRAG, I will make all efforts for the continuation of IFASS's success in the coming two years.”