Mr. Ajith S Ratnayake was appointed as a member of IPSASB from January 2020. He was nominated by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

He is the retired founder Director General of the Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB). He was responsible for building the technical capacity of SLAASMB and setting up its monitoring process of financial reporting and auditing of public interest entities in Sri Lanka.

He represented SLAASMB in the advisory council of the International Forum of Independent Audit Regulators (IFIAR), and at the Consultative Advisory Groups of IAASB and IESBA. He also represented Sri Lanka at the Intergovernmental Group of Experts on International Standards on Accounting and Reporting (ISAR) and in the working group on Commercial forests of the International Valuation Standards Council (IVSC).

He was a member of the advisory board of the Financial Intelligence Unit (FIU) of Sri Lanka and the committee which drafted the Code of Best Practice on Corporate Governance jointly issued by CA Sri Lanka and the Securities and Exchange Commission (SEC). He was also a member of the Presidential Commission on Failed Finance Companies in Sri Lanka.

Mr. Ratnayake was responsible for drafting Sri Lanka Public Sector Accounting Standard for Local Authorities (SLPSAS for LAs), Sri Lanka Public Sector Accounting Standards SLPSAS 11 to 20 and Sri Lanka Accounting Standard for Smaller Entities.

He is a fellow member of CA Sri Lanka, CIMA (UK) and ACCA (UK). He was awarded the Management Accounting Price at the final exam of CA Sri Lanka.

His Technical Advisor is Giuseppe Grossi.

Country: Panama (Germany)

Dr. Kamira Sánchez joined the IPSASB in January 2020, as a self-nominee.

Dr. Sánchez is a Senior Manager at EY Germany and is part of the Global Public Sector Accounting team of EY, where she is involved in international IPSAS conversion projects in Europe and Latin America. Previous to this role, she served as head of the Accounting Norms and Continuous Improvements department at the Directorate of National Accounting of the Ministry of Economy and Finances of the Republic of Panama. Among her functions, she was Chair of the Committee of changes to the ERP software being implemented in public sector institutions and she worked on and supervised ERP changes to comply with new accounting standards requirements.

Dr. Sánchez holds a Ph.D. degree in Economics from the Friedrich-Schiller University Jena (Germany), a Master degree in Finances from the Universidad del Valle de México (Mexico) and a Bachelor degree in Bilingual Tourism Business Administration from the University of Panama. During her studies, Dr. Sánchez was scholarship holder of the German Academic Exchange Service (DAAD) and the Ministry of Economy and Finances of the Republic of Panama.

Dr. Sánchez is member of the Economists Association of Panama and is affiliated researcher of the Chair of Public Finance in the Faculty of Economics at the Friedrich-Schiller University Jena, Germany.

Her Techical advisor is Fabrizio Mocavini.

Mr. D. Scott Showalter joined the IPSASB Board in January 2020, nominated by the American Institute of Certified Public Accountants.

Mr. Showalter is a Professor of Practice and Director of the Master of Accounting Program in the Poole College of Management at North Carolina State University. Prior to joining the faculty in 2008, Mr. Showalter was an audit partner with KPMG LLP, where he retired after a 33-year career. During his career with KPMG, he provided audit and consulting services to large Federal, state and local governments.

Mr. Showalter is the former chair and Board member of the Federal Accounting Standards Advisory Board (FASAB) where he completed his 10-year term in June 2019. He is the past chair of the Board of the North Carolina Association of Certified Public Accountants and a current member of the AICPA Board of Directors. He also served two terms as a member of the Standing Advisory Group to the Public Company Accounting Oversight Board. He has served in numerous leaderships positions in the American Accounting Association.

Mr. Showalter earned a BS degree in accounting, Summa Cum Laude, from the University of Richmond and is a member of the American Institute of Certified Public Accountants and the North Carolina Association of Certified Public Accountants. He is a licensed Certified Public Accountant (active) and Chartered Global Management Accountant.