The IFRS Foundation has begun the process of finding a new managing director to succeed Michel Madelain, whose two-year term is coming to a close.
Madelain took on the role in September 2024.
During his tenure, he has been involved in recognising and guiding the implementation of the two-year transformation programme, which aims to prepare the Foundation for future developments in financial reporting.
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This programme follows changes introduced in 2021 that broadened the Foundation’s responsibilities.
Its expanded role includes establishing a global baseline for sustainability-related financial disclosures aimed at capital markets, while continuing oversight of IFRS Accounting Standards.
These standards are currently mandated in more than 140 jurisdictions worldwide.
Oversight of the recruitment process is being handled by the Trustees’ Nominating Committee, led by chair Ken Robinson and assisted by an executive search firm.
Robinson said: “We are searching for a new Managing Director to continue to lead the IFRS Foundation’s transformation and operational strategy when Michel Madelain’s term ends in autumn 2026.
“The candidate will work closely with the Trustees and the Chairs of the International Accounting Standards Board and the International Sustainability Standards Board to ensure the Foundation continues to meet capital markets’ need for reliable and comparable financial information.
“Michel remains focused on delivering the Foundation’s strategy and on ensuring a smooth transition to his successor.”
Earlier in November 2025, the IFRS Foundation revealed plans to launch new electronic publication formats for its accounting standards.
These ePub editions are intended to offer enhanced features for users, allowing them to make annotations, take notes and highlight information directly within the digital documents.
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