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Statement on the passing of Wayne Upton

 14 September 2016

Hans Hoogervorst, IASB memberThe staff and the Trustees of the IFRS Foundation and the International Accounting Standards Board are deeply saddened by the unexpected death of Wayne Upton, Director of International Activities and Chairman of the IFRS Interpretations Committee.

Wayne joined the IASB staff as Research Director in 2001, looking after a range of technical activities. In 2008, he became Director of International Activities, where he played an important role in supporting jurisdictions around the world with their transition to IFRS Standards.

From 2011, Wayne was the Chair of the IFRS Interpretations Committee, the interpretative body of the IFRS Foundation. He was also chairing the Emerging Economies Group and coordinating the Islamic Finance Consultative Group.

Hans Hoogervorst, Chairman of the International Accounting Standards Board, said:

"Wayne was very much one of the founding fathers of the International Accounting Standards Board, having been with the organisation since the beginning. He has made a huge contribution both to our organisation and to standard-setting more generally.

"We are all saddened by the death of a good friend and colleague. Our thoughts are with his family."

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