IFAC elects new president from Morocco

The International Federation of Accountants named Asmâa Resmouki of Morocco as its first president from the Middle East and Africa and its third female president, to serve a two-year term.

Resmouki joined the IFAC board in November 2017, originally nominated by the Ordre Des Experts Comptables of Morocco. She served as chair of the Governance Committee in 2020, before chairing he Planning and Finance Committee in 2021 and 2022. In addition to her work with IFAC, she was the first female president of the Pan African Federation of Accountants, after serving on the PAFA board for six years. She has more than 30 years of experience in the profession, including as an audit partner at EY and Deloitte. In 2020, she launched her consultancy firm, where she has been helping organizations with projects relating to the profession and to advisory services.

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IFAC president Asmaa Resmouki

"I am honored to have been elected IFAC's next president, and proud to be the organization's first president from the Africa–Middle East Region," Resmouki said in a statement Wednesday.  "This is a clear example of IFAC leading by example in the area of diversity. I look forward to continuing to work with IFAC's board and management to deliver on our public interest mandate, and to progress our positive impacts on a strong and sustainable accountancy profession, strong and sustainable private and public sector organizations, and strong and sustainable financial markets and economies."

IFAC also announced the election of Jean Bouquot as deputy president.  He joined the IFAC board in November 2020. He has over 42 years of experience as an auditor and was a partner with EY from 2002 until 2020, in charge of the firm's assurance service line for France/Luxembourg/Maghreb from 2008 to 2015.

IFAC also announced a slate of new board members Wednesday, maintaining a female-majority board for the fourth year in a row. 

New appointments include:

  • Kathryn Byrne (U.S.);
  • Francisco A. M. Sant'Anna (Brazil); and
  • Sidharta Utama (Indonesia).

Reappointments include:

  • Fiona Wilkinson (U.K.);
  • Yeong Kyun Ahn (Republic of Korea);
  • Joan Curry (Ireland);
  • Caroline Gardner (U.K.);
  • Winnie Nyamute (Kenya); and,
  • Ismaila Zakari (Nigeria).

In addition to the election of new board members, the IFAC Council also approved a new member and new associate member organizations. The new IFAC member is the Ordre National des Experts-Comptables et des Comptables Agréés of Burkina Faso. The new associates are the Association of Professional Financial Managers, from Azerbaijan, the Ordre National des Experts Comptables et des Comptables Agréés of Mali, the Qatari Association of CPAs, and the Auditors' Chamber of Ukraine.
The new appointments and membership decisions were approved at IFAC's 2022 Council meeting, held Tuesday.

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