Welcome Message from the New Chairman of the IFRS Foundation Trustees

The IASB has posted to its website an introduction message from the new chairman of the IFRS Foundation Trustees, Michel Prada. He speaks about his previous work and his dedication to the development of global financial reporting standards. He warns about "uncertainty and ambiguity" in markets and says that the financial crisis should not impede efforts toward global accounting standards. He is committed to "managing the delicate balance between independence, legitimacy and public accountability" in his role as chairman. Please click Mr Prada'sintroduction message on the IASB's website.

Michel Prada became the new chairman of the IFRS Foundation Trustees effective on 1 January 2012. Please see our earlier story for more information about his appointment.