The International Accounting Standards Committee Foundation trustees have tapped Australian Stock Exchange chief Richard G. Humphry to serve as a trustee from the Asia-Pacific region.

The London-based IASCF is the oversight body of the International Accounting Standards Board. The governance of the organization rests with 19 trustees, chaired by former U.S. Federal Reserve chairman Paul Volcker.

Humphry, who will begin his three-year term on Jan. 1, 2005, will fill the vacancy left by the death of Kenneth Spencer.

Humphry is managing director and chief executive officer of the Australian Stock Exchange Limited, which he led through its transition into a public company in 1998. His nomination carries the support of the International Federation of Accountants and the Financial Reporting Council of Australia. Before joining the board of the ASX as chief executive in 1994, he held various senior positions in the public sector, including senior executive positions in the Australian Treasury as well as service as auditor-general of the State of Victoria and as director-general of the New South Wales Premier's Department.

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