Professor Geoff Whittington is to step down from the Board at the end of August, which marks the end of an era in that Geoff has been involved with the Board in one form or another since it started in 1990. However, Geoff is not totally lost to the Board, as he has been appointed to the Board's Committee on Accounting for Public-benefit Entities (CAPE). In addition, Richard Bray and Miles Hedges have been reappointed to CAPE.

Howard Evans, Marian MacBryde, John McDonnell and Brian Shearer have been reappointed to the Urgent Issues task Force (UITF) for a further two-year term.

Hugh Francis has been appointed and Deborah Chesworth and Lynn Pearcy reappointed to the Board's Financial Services and other Special Industries Committee (FSOSIC).

On the staff side, Deepa Raval has joined as a Project Director, working in particular on financial instruments and financial services issues. Project Director Mario Abela will be leaving the staff of the ASB in early September to take up the post of Research Director at EFRAG.