markets. These will remain my priorities. The IFRS story is a remarkable one. I relish the opportunity to build on the great work of Sir David Tweedie and to lead the organisation into a second decade of success. Ian Mackintosh, vice-chairman-elect of the IASB said: I welcome the opportunity to serve as vice-chairman of the IASB, and to work with Hans and my new colleagues on the Board in developing the highest quality standards. As a national standard-setter and someone long involved in the standard-setting process I understand the challenges facing the organisation. I am strongly committed to the cause of global standards. Further information related to the appointment process is available from the IFRS Foundation website at www.ifrs.org .