15 June 2012
The International Federation of Accountants (IFAC), announced that Fayezul (Fayez) Choudhury has been selected as the new CEO of IFAC after an extensive global search. He succeeds current CEO, Ian Ball, whose contract is set to expire in February 2013.
IFAC President, Goran Tidstrom, noted that "Fayez has more than 36 years of experience in the accountancy profession. He brings a strong understanding of the role of accounting in organisations and knowledge of the issues surrounding the global profession. He was instrumental in the discussions that led to the creation of the current private/public sector governance arrangements for international standard-setting and has extensive knowledge of IFAC through his work in the Public Interest Oversight Board (PIOB). We are very happy to welcome Fayez to this new role".
Mr. Choudhury stated, "I am honoured to have been selected for this position. I firmly believe that accountancy is one of the core professions that anchor the functioning of modern societies and, as such, the role of IFAC is critically important".
For a summary of Mr. Choudhury's background and career profile, visit the IFAC website at: https://www.ifac.org/news-events/2012-06/ifac-announces-appointment-fayezul-choudhury-new-chief-executive-officer