Professional accountants in business (PAIB) play a vital role within various sectors such as commerce, industry, financial services, education, and the public and non-profit sectors. IFAC’s PAIB Advisory Group, established in 1977, is a global forum of finance and business leaders advising the global accountancy profession and its members on critical areas such as sustainability and digital transitions so that PAIBs are well prepared to meet the evolving needs of both business and the public sector in the future.
The newest PAIB Advisory Group members are:
Mike Driver, Past President, CIPFA & Independent Non-Executive Director (United Kingdom)
Ruth Gardiner Forbes,President and CEO, Fortis TCI Ltd (Turks and Caicos Islands)
Lisa Kelley,Managing Director, Floating Interest Corporation (United States of America)
With these additions, the PAIB Advisory Group has achieved gender parity. Sanjay Rughani remains Chair and Sharon Ditchburn has been appointed Deputy Chair.
"Every member brings a distinctive and valuable viewpoint on the contributions of professional accountants in business and finance leadership,” said Sanjay Rughani, Chair, IFAC PAIB Advisory Group. “We are privileged to welcome these new members who will share their diverse experiences and offer strategic insights on the profession, expanding its contribution to sustainable economic development worldwide and serve as global champions for the profession.”
The continuing PAIB Advisory Group members are:
Sanjay Rughani, Chair, CEO, Standard Chartered Bank Uganda (Uganda)
Zia-Ul-Mustafa Awan, CFO and Business Administrator, Pakistan Expo Centres Private Limited (Pakistan)
Anastasija Boljević, Secretary General, Institute of Certified Accountants of Montenegro (Republic of Montenegro)
Esther Bosch, Director Risk & Audit, Royal Schiphol Group (Netherlands)
Ibrahim (Murat) Çağlar, Chief Financial Officer,Sanovel (Türkiye)
Eric Freudenreich, Independent Non-Executive Director (France)
Lindawati Gani, Professor in Management Accounting, Faculty of Economics and Business, Universitas Indonesia (Indonesia)
Tim Herrod, Vice President, Global Procurement, Albemarle Corporation (Canada)
Margaret Muinde, Financial Controller, Kenya Roads Board (Kenya)
Maria del Dado Alonso Sanchez, Group CFO, Berlin Brands Group (Spain)
Milton Segal, Executive Director: Standards, South African Institute of Chartered Accountants (South Africa)
Muhammad Samiullah Siddiqui, CFO, Oxford University Press Pakistan (Pakistan)
Nancy Sau Ling Tse, JP, Independent Non-Executive Director [Hong Kong (Special Administrative Region of China)]
Ichiro Waki, Group CEO, JBA Group (Japan)
Gloria Zvaravanhu, Managing Director, Old Mutual Insurance Company (Zimbabwe)
Member expertise is drawn upon to deliver timely reports, articles, and case studies relevant to professional accountants in business across the globe. Explore their latest insights.
About IFAC
IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of 180 members and associates in 135 countries and jurisdictions, representing more than 3 million accountants in public practice, education, government service, industry, and commerce.
About the Professional Accountants in Business (PAIB) Advisory Group
Professional accountants in business comprise a significant part of the profession working in commerce, industry, financial services, education, and the public and not-for-profit sectors. The Professional Accountants in Business (PAIB) Advisory Group focuses on ensuring these accountants meet the future needs of business and the public sector.
Recent years have seen a significant shift in demand for relevant sustainability-related disclosure, reporting, and assurance and the accountancy profession is working to prepare current and future professionals to meet these stakeholder demands. The literature review identifies the new and existing competencies required of professional accountants to provide these services; educational strategies to develop them; and the challenges the accountancy education community will face. The literature review also informed IFAC’s decision to make sustainability-related revisions to the International Education Standards and will contribute to the forthcoming proposed revisions, expected in Q2 2024.
In addition to the literature review, IFAC will host a joint webinar with the International Association for Accounting Education & Research (IAAER) on February 7, 8:00 AM to 9:30 AM EST, featuring a discussion with the review’s lead author. Register for the webinar here.
About IFAC IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of 180 members and associates in more than 135 jurisdictions, representing millions of professional accountants in public practice, education, government service, industry, and commerce.
IFAC’s Strategic Plan is a global roadmap designed to help guide the work of the accountancy profession. It reflects the priorities of our 180 member organizations, which collectively serve the public interest by ensuring that society has access to a robust, ethical and future ready workforce of professional accountants.
Join IFAC and the International Association for Accounting Education and Research (IAAER) for a webinar on IFAC’s recently published literature review of competencies, educational strategies, and challenges for sustainability reporting and assurance. We will be joined by Erica Neuman, author of the literature review, who will share its key findings.
