The IFRS Foundation trustees have announced the appointment of Michel Madelain as Managing Director (MD) for a two-year term beginning 9 September 2024.
Madelain has previously served as President and Chief Operating Officer (COO) of Moody’s Investor Services and is a former partner of EY France. He also served as a Trustee of the IFRS Foundation from 2018 to 2023, during which time he chaired the Nominating Committee and was instrumental in the work to establish the International Sustainability Standards Board (ISSB) alongside the International Accounting Standards Board (IASB). He also led the consolidation of the Climate Disclosure Standards Board and the Value Reporting Foundation into the Foundation.
The MD reports to the Chair of Trustees and is responsible for leading the development and implementation of the IFRS Foundation’s strategic plan, as well as leading the IFRS Foundation’s central team.
Michel Madelain said, “I am pleased to be able to serve once again in support of the IFRS Foundation, this time as Managing Director, and look forward to working closely with the Trustees, the IASB and the ISSB. I also thank Andrea Pryde for serving as Acting Managing Director and look forward to working with her in her capacity as Executive Operations Director.”