Former deputy governor of the Bank of England (BoE) and CEO of the UK Prudential Regulation Authority (PRA), Sam Woods, has been appointed as chair of the International Accounting Standards Board (IASB).
He succeeds Andreas Barckow, whose term as IASB chair concluded in June 2026.
Before joining the PRA, Woods held various senior roles in HM Treasury in the UK, the New Zealand Treasury and in the private sector.
“High-quality accounting standards are a vital foundation of the global economy,” Woods said.
“I have been involved with IFRS standards throughout my career as a financial regulator and look forward to working alongside talented staff and fellow board members at the IASB.”
Woods is appointed for a five-year term and will commence the role on 1 October 2026.
