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Both boards expand to cope with the extra responsibilities of ESG reporting.
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AASB and AUASB appoint additional members
11 November 2022
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9 minute read
A handful of additional members have joined the boards of the AASB and its auditing and assurance equivalent, the AUASB, as they expand to 14 appointees apiece.
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The added members come after the Financial Reporting Council (FRC) proposed increasing each board’s size from its current 12 to cope with the additional responsibilities of climate and sustainability reporting. Each will start on 1 January and serve on a part-time basis for three years.
Joining the AASB are:
- Adrian King, KPMG partner in charge
- Liza Maimone, PwC chief operating officer and energy transition executive
- Matthew Nelson, EY global climate change and sustainability services leader
Joining the AUASB are:
- Chi Mun Woo, Deloitte partner in climate change and sustainability
- Terence Jeyaretnam, EY partner in charge of climate change and sustainability services
Mr King joins the AASB after working at KPMG Australia for over 20 years, including a brief stint at the firm’s headquarters as global head: ESG and sustainability and global chair - sustainability, climate change, and ESG services.
With over 27 years of advisory and assurance experience, Ms Maimone brings a diverse background to the AASB. She studied chemical engineering at the University of Melbourne and holds positions on the board of Engineers Australia and Sustainability Victoria’s audit, finance, and risk committee.
Mr Nelson joins the AASB having worked at EY for over 19 years, bringing over extensive advisory and assurance services experience, particularly relating to sustainability, ESG reporting, and climate change and energy.
Mr Mun Woo joins the AUASB having worked around the globe for large accounting firms predominantly in sustainability services roles. He studied engineering at the University of Cambridge and brings experience in sustainable development, corporate social responsibility, and ESG investing.
With expertise as an adviser in sustainability, climate change, and social impact, Mr Jeyaretnam joins the AUASB having strived to help government and non-profits address their sustainability propositions. He is also a non-executive director of not-for-profit organisations Global Citizen, Fairtrade Australia, and Food Frontier.
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