Executive Officer, Sumitomo Mitsui Trust Holdings and Sumitomo Mitsui Trust Bank

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, as nominated by the International Association of Financial Executives Institutes (IAFEI). She previously served as a member of the IAASB and IESBA Consultative Advisory Groups.

Ms. Manabat chairs the Advisory Council of 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.

Former Chief Operating Officer/Chief Financial Officer of State Street Global Advisors and Adjunct Finance Professor at Boston University

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, nominated by the Financial Services Agency in Japan.

Mr. Kuramochi is the Chief Accountant/Director for International Accounting of the FSA. 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. 

Chief Audit Executive at Credicorp Ltd.

Jose Esposito has been the Chief Corporate Audit Officer of Credicorp Ltd. since January 2010. He is a former member of the Board of Directors of the Institute of Internal Auditors Global and Chairman of the Financial Services Guidance Committee Board of IIA Global. Mr. Esposito has also served as Chairman of the Committee of Internal Auditors of the Latin American Federation of Banks and Chairman of the Committee of Internal Auditors of ASBANC. Currently, he is a lecturer in the Master of Finance program at the Universidad del Pacífico and Director of the specialization in Integral Risk Management.

Since 1996, Mr. Esposito has held various positions with Credicorp Ltd. His last position prior to leading the Audit Division at Credicorp Ltd. was at Pacífico Peruano Suiza Companía de Seguros y Reaseguros S.A., where he was CFO and the Controller’s Officer. He was also Vice Chairman of the Board of Directors of Pacífico Salud EPS S.A., Vice Chairman and Director of the Board of the Lima Stock Exchange, Director of Cavali ICLV S.A. and Chairman of the Board and General Manager of Credibolsa SAB S.A.

Mr. Esposito holds a bachelor’s degree in economics from Universidad del Pacífico, Lima (Peru) and a master’s degree in economics from the University of Wisconsin – Milwaukee (United States). He also held the designation of Certified Internal Auditor (CIA) and Risk Management Assurance (CRMA) by the Institute of Internal Auditors Global; Risk and Information Systems Control (CRISC) by ISACA; and Anti-Money Laundering Certified Associate (AML/CA) from the Florida International Bankers Association and Florida International University (United States).

Former Board Member and Acting Chair of the Public Company Accounting Oversight Board

Duane M. DesParte was appointed to the IAASB-IESBA Stakeholder Advisory Council in January 2024. Previously, he was appointed by the US Securities and Exchange Commission as a board member of the US Public Company Accounting Oversight Board (PCAOB), serving from April 2018 through October 2023 (including as Acting Chairperson from June 2021 to January 2022). From October 2020 through April 2023, Mr. DesParte served as Chair of the International Forum of Independent Audit Regulators.

Prior to the PCAOB, Mr. DesParte served for 10 years as Senior Vice President and Corporate Controller of Exelon Corporation, then a Fortune 100 company in the energy industry. Prior to this chief accounting officer role, he served in various business unit finance and controller officer positions.

Before joining Exelon in 2003, Mr. DesParte was an audit and assurance partner in Deloitte's Chicago office. He joined Deloitte in 2002 after spending nearly 17 years at Arthur Andersen. In public accounting, Mr. DesParte primarily performed financial statement audits for public company SEC registrants.

Mr. DesParte graduated with highest honors from the University of Illinois at Urbana-Champaign in 1985 with a Bachelor of Science degree in Accountancy. He joined Andersen in 1985 and achieved partner status in 1998. He became a Certified Public Accountant in 1985, is licensed in Illinois, and is a member of the AICPA and Illinois CPA Society.

Chief Executive Officer of Public Accounting, Association of International Certified Professional Accountants

Sue Coffey is CEO of Public Accounting at the Association of International Certified Professional Accountants. In this role, Ms. Coffey leads the Association's strategy to advance public accounting domestically and globally and sets strategy for the Association's assurance, advisory, tax and practice management initiatives in the U.S. and abroad. Her most recent focus is on securing a robust and highly skilled U.S. CPA talent pipeline; promoting the value and relevancy of U.S. CPAs and CPA firms, including evolving the profession's core services, leveraging emerging technology and advancing practice quality; and creating opportunities for practice growth around the use of new technologies and in emerging service areas, including environmental/social/governance.

Ms. Coffey has served as a technical advisor for the AICPA & CIMA's representative on the IFAC Board of Directors for many years, has served on IFAC advisory committees and is a representative on the Global Accounting Alliance. She is a licensed CPA in New York and New Jersey. She is consistently on Accounting Today's Top 100 Most Influential People in Accounting list. Prior to joining the Association, Ms. Coffey was with PricewaterhouseCoopers' audit and assurance practice. She holds a Bachelor of Science degree in accounting from Fairfield University.

Secretary General at the General Council for Islamic Banks and Financial Institutions

Dr. Abdelilah Belatik was appointed to the Stakeholders Advisory Council in January 2024. He was nominated to this position by the General Council for Islamic Banks and Financial Institutions (CIBAFI).

Dr. Belatik currently serves as the Secretary General of CIBAFI, a role he has held since March 2014. Prior to this, he was the Assistant Secretary General at the Islamic Financial Services Board in Malaysia from 2010-2014. Dr. Belatik also has extensive experience in the private sector, having worked with PricewaterhouseCoopers in Luxembourg, New York and Hong Kong from 2001-2009.

Dr. Belatik's influence extends beyond CIBAFI as he is the founding president of Turritopsis, the Strategic Institute for Sustainable Development, Brussels, Belgium. In addition to the Stakeholder Advisory Council, Dr. Belatik holds memberships on several other international boards and advisory groups. These include the Public Interest Monitoring Consultative Committee of AAOIFI, the IASB Advisory Group on Islamic Finance, and the Arab Authority of Agricultural Investment and Development (AAAID), UAE. He is also an Independent non-executive director on the Board of Trustees of the Waqf Fund at the Central Bank of Bahrain.

Dr. Belatik holds a Doctor of Business Administration degree and a Master of Applied Business Research from Switzerland. He also earned a Master of Science in Business Engineering and a Bachelor of Arts in Commercial Sciences from Brussels, Belgium.

Secretary-General, Islamic Financial Services Board 

Dr. Bello Lawal Danbatta is the Secretary-General of the Islamic Financial Services Board (IFSB) since 2018. Previously the Director of the Centre of Consultancy and Executive Programmes at INCEIF, he has over 29 years combined experience in the private, academia, financial services regulation, and supervision sectors across Africa, Europe, Asia and the Middle East. He is a Member of the Accounting and Auditing Board of Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI), and has chaired various working groups for the issuance of financial accounting standards for Islamic financial institutions. He has also been involved in the development and drafting of standards, guidelines and frameworks for capital adequacy, risk management, accounting, auditing, ethics as well as supervision and regulation of Islamic finance for various countries. He concurrently served as member of Basel Consultative Group (BCG) under Basel Committee on Banking Supervision (BCBS) in Basel, Switzerland and a Consultative Advisory Group member for International Ethics Standards Board for Accountants and International Auditing and Assurance Standards Board since 2018.

Dr. Danbatta holds a Ph.D. in Islamic Banking and Finance from the International Islamic University Malaysia, and an MBA in Corporate Finance. He is a Chartered Accountant with ACCA-UK, a Licensed International Financial Analyst (LIFA-UK), a Fellow of Certified Islamic Professional Accountants (CIPA) and a member of the Chartered Institute of Islamic Finance Professionals (CIIFP), Nigerian Institute of Management (NIM), Certified Pension Institute of Nigeria (CPIN), Institute of Chartered Accountants of Nigeria (ICAN), and International Council for Islamic Finance Educators (ICIFE). Dr. Danbatta is a known Islamic banking and finance consultant, and has been active in providing Islamic finance training and consultancy to central banks, securities commissions, deposit insurance corporations and Islamic banks. He also has a number of publications on Islamic banking, corporate governance and earnings management.

In addition to these corporate engagements, he also held the positions of Assistant Professor at Sultan Qaboos University Oman, a Research Fellow at the Accounting Research Institute (ARI) of University Technology MARA (UiTM), Malaysia and Academic Fellow at Insaniah University Malaysia. He has worked with the Highland Bank of Nigeria Plc, Peugeot Automobiles and Securities and Exchange Commission of Nigeria.