Chief Representative, Daiwa Institute of Research Ltd.
Mr. Toshimitsu Suzuki is the Chief Representative/Senior Researcher of the New York Research Center of the Daiwa Institute of Research Ltd. Prior to his role at current position, he has held role as Researcher in the London Research Center of the Daiwa Institute of Research Ltd. from February 2010 to July 2012, and role as Research Fellow in Supervisory Bureau of Financial Services Agency, Government of Japan, from July 2017 to June 2019.
Mr. Toshimitsu Suzuki earned a Bachelor of Laws in Law, Political science at Keio University (Japan).
Auditing and Accounting Professor at the University of Hamburg
Professor Nicole Ratzinger-Sakel became a member of the Stakeholder Advisory Council for the IAASB and IESBA AC in January 2024.
Professor Ratzinger-Sakel is full professor and chair of the auditing and accounting department at the University of Hamburg, Germany. Further, she serves as vice dean of research and graduate education at the faculty of business administration at the University of Hamburg. She teaches in the fields of financial and non-financial reporting, audit, and assurance of financial statements in bachelors, masters, and PhD programs. Her main research activities cover audit quality, audit market, auditor independence, joint audit, audit and non-audit services, auditor reporting, sustainability reporting, and AI in audit.
Professor Ratzinger-Sakel has published in leading international academic journals. She further serves as editorial board member of the "International Journal of Auditing", the "Managerial Auditing Journal" and the "New Accountant Journal ".
Professor Ratzinger-Sakel has received the "Teaching Award of the City of Hamburg". She is member of the working group "Governance and Internal Control of Business Enterprises" of the "Schmalenbach-Gesellschaft für Betriebswirtschaft", of the advisory board of the "Financial Experts Association (FEA)", of the scientific advisory board of the "German Institute for Internal Auditing (DIIR)" and the of board of trustees of the "Esche-Schümann-Commichau Foundation". Within these positions she acts as leader of various scientific and practitioners' working groups.
Professor Ratzinger-Sakel holds a PhD in Economics and Business Administration.
Deputy Chief Accountant, Office of the Chief Accountant, US Office of the Comptroller of the Currency
Ashley Rangel joined the Stakeholder Advisory Council in 2024, designated by the Basel Committee on Banking Supervision (BCBS), a member of the Monitoring Group. She is the Deputy Chief Accountant at the US Office of the Comptroller of the Currency (OCC). Prior to joining the OCC, Ms. Rangel was a senior manager in Ernst and Young's (EY) US national accounting office. Her experience at EY includes global audits, internal control attestations, and regulatory advisory services for financial services clients.
Ms. Rangel graduated from Boston College with a Bachelor of Science degree in Accounting and Finance. She is a Certified Public Accountant and a member of the American Institute of Certified Public Accountants.
Deputy Chairman, The Hellenic Accounting and Auditing Standards Oversight Board; Chairman, Committee of Quality Assurance
Nikolaos Papadimos was appointed to the Stakeholder Advisory Council (SAC) in February 2024.
Mr. Papadimos is currently Vice Chairman of The Hellenic Accounting and Auditing Standards Oversight Board (HAASOB) and Chairman of the Committee of Quality Assurance. He has 34 years of international professional experience. He started his career at one of the big four auditing firms and has served in senior positions at various multinational companies as a financial director and has extensive international experience with the Hellenic Capital Market Commission in senior positions as well as working with investors and diverse stakeholders.
Mr. Papadimos has actively participated in Expert Groups of the European Securities and Market Authority (ESMA), the International Organization of Securities Commissions (IOSCO) and the European Commission. He is currently representing HAASOB at the International Forum of Independent Audit Regulators (IFIAR) and the Committee of European Auditing Oversight Bodies (CEAOB).
Mr. Papadimos earned a bachelor’s degree in business administration majoring in accounting and financial management from the Athens University of Economics and Business and obtained an MBA in Banking from the Hellenic Open University. He is also a member of the Economic Chamber of Greece as a professional accountant.
Dr. Norberg is a Corporate Reporting Specialist at FAR, the institute for the accountancy profession in Sweden. He is
also the Vice-Chair of the Swedish Corporate Reporting Board and a member of the EFRAG Administrative Board.
He was the Director of Accountancy at the Confederation of Swedish Enterprise from 2009 until February 2025. Dr
Norberg was previously Professor of Business Law at Lund University (Sweden) between1998-2009 and Professor of
Corporate Law at Uppsala University (Sweden) between 2011-2023.
Dr. Norberg has been the chair of the BusinessEurope Sounding Board between 2013-2024 and has served as a
member of the Disciplinary Committee at the Swedish Inspectorate of Auditors between 2016-2024.
Dr. Norberg earned a LL.D. in Fiscal Law at Uppsala University (Sweden).
Managing Executive Officer, CSuO, Sumitomo Mitsui Trust Holdings, Inc.
Ms. Matsumoto is responsible for the development of ESG-related products and services for corporate clients and the promotion of ESG business across the SMTH. She has 20-year experience in international development finance and sustainability at the World Bank and the Inter-American Development Bank, being involved in the development of the World Bank's first green bond and climate finance products. Before joining the SMTB, she led advisory services at EY on climate scenario analysis and mainstreaming ESG in corporate management.
Ms.Matsumoto was awarded with master's degrees from Harvard Kennedy School and Hitotsubashi University. She holds the Chartered Financial Analyst.
Chair, Advisory Council to the International Association of Financial Executives Institutes; President, Development Center for Finance
Conchita L. Manabat is a member of the Stakeholder Advisory Group. She previously served as a member of the IAASB and IESBA Consultative Advisory Groups.
Ms. Manabat chairs the Advisory Council of International Association of Financial Executives Institutes (IAFEI) and President of the Development Center for Finance. She founded and retired as CEO of the Deloitte firm in the Philippines. Ms. Manabat has held key positions (controller, chief financial officer, directorships, etc.) in various entities – commercial and publicly-listed entities, educational/non-profit and professional organizations.
Ms. Manabat served as member and chair of the Board of Accountancy of the Professional Regulation Commission. She was the President of the Financial Executives Institute of the Philippines (FINEX) and Chair of the FINEX Research & Development Foundation. She also chaired the Philippine Capital Market Development Council for four years, with the Philippine Secretary of Finance and the Chairman of the Securities & Exchange Commission as co-chairs (2003- 2006). Ms. Manabat was the chair of the Market Integrity Board of the Philippine Stock Exchange.
A Certified Public Accountant, holder of MBA and Ph.D. degrees, and a participant in executive programs, Ms. Manabat studied at the University of the Philippines, Ateneo Graduate School of Business, Southeast Asia Interdisciplinary Development Institute, Harvard Business School and Pennsylvania State University. She is an incorporator and a fellow of Institute of Corporate Directors.
Current Independent Board Trustee, PIMCO Mutual Funds
Mr. Steven Lipiner has built a 35 year career in global financial services in New York, London & Boston, including serving as the Chief Financial Officer for two top ten global asset managers; Bank of New York Mellon Investment Management and State Street Global Advisors (SSGA).
He additionally served as the Chief Operating Officer for SSGA, responsible for the company's worldwide infrastructure managing operations, technology, mutual funds management, business risk, data, and oversight of center of excellence hubs in China, India, and Poland.
Mr. Steven Lipiner serves on the Board of Trustees for Simmons University in Boston, as well as several Boston-based community health center not for profits.
Mr. Steven Lipiner earned a Bachelor of Arts in Political Science from State University of New York at Buffalo, and an MBA in Finance from the City University at New York, Baruch College.
Chief Accountant/Director for International Accounting at the Financial Services Agency
Koichiro Kuramochi joined the Stakeholder Advisory Council in January 2024, designated by the IOSCO, a member of the Monitoring Group.
Mr. Kuramochi is the Chief Accountant/Director for International Accounting of the Financial Services Agency (FSA) in Japan. He has been dealing with international accounting/auditing matters and engaging in the development of sustainability disclosure and assurance regulatory framework in Japan.
Mr. Kuramochi is a member of the Committee on Issuer Accounting, Audit and Disclosure (Committee 1) of the International Organization of Securities Commissions (IOSCO). Mr. Kuramochi is also a member of Jurisdictional Working Group of International Sustainability Standards Board.
Previously, Mr. Kuramochi was a Partner of KPMG AZSA LLC. He also worked for the International Accounting Standards Board and engaged in standard setting of International Financial Reporting Standards accounting standards in London. He has a master’s degree in finance from the London Business School. He is a Certified Public Accountant licensed in Japan and the U.S. (California), and a CFA Charter holder.
Partner at Confidor; Chair of the International Federation of Accountants (IFAC) Small and Medium Practices Advisory Group
Monica Foerster became Chair of the IFAC SMP Advisory Group (SMPAG) in 2017, after serving as its Deputy Chair. A SMPAG member since 2014, she was nominated by Conselho Federal de Contabilidade (CFC) and Instituto dos Auditores Independentes do Brasil (IBRACON). With 20 years of experience in the accountancy profession, Ms. Foerster is a partner at Confidor, an accounting, tax, and law firm with offices in Porto Alegre and São Paulo, Brazil.
Monica is currently a member of the Board of Directors of Ibracon Brazil (where she was the SMP Director and coordinator of the SMP Working Group for 6 years), and a board member at the Accounting Council (where she was also the coordinator of the Committee of Audit Studies (CRCRS) for 4 years.
Monica holds an MBA in financial management, controllership and audit from the FGV – Fundação Getúlio Vargas, Brazil, and a degree in accounting from the Universidade Federal do Rio Grande do Sul – UFRGS, Brazil.
