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Fayezul Choudhury  | 

In a public address for 2015, IFAC CEO Fayez Choudhury answers the question: what makes the accountancy profession resilient, viable, and strong? In a world that is rapidly globalizing, he says that trust and credibility are the keys. Mr. Choudhury emphasizes that the accountancy profession provides a level of technical expertise that must continue to keep pace with the increasing complexity of the times and the evolution of knowledge. He also stresses that ethics must continue to be at the foundation of the profession as accountancy is ultimately a public interest function. This must endure with the integrity, transparency, and reliability of the information that accountants provide.  

Fayezul Choudhury

Fayezul Choudhury is IFAC's former CEO (2013-2018).

Mr. Choudhury was previously with the World Bank, where his last two assignments were as Vice President, Corporate Finance and Risk Management; and Controller and Vice President, Strategic Planning and Resource Management. In this latter role he was the World Bank's spokesperson on global accounting and auditing issues. Mr. Choudhury started his career in 1974 with PriceWaterhouse in London, initially in public accounting and later management consulting. During his career with PriceWaterhouse, he spent three years in Nigeria, developing the consulting practice in the region.

Mr. Choudhury has served on a number of high-level representative bodies. He was a member of the Public Interest Oversight Board (PIOB) from its formation in 2005 until 2010. Mr. Choudhury also chaired the Global Steering Committee of the International Forum for Accountability Development and was a member of the Standards Advisory Council of the International Accounting Standards Board. He served as a member of the Iraq Advisory and Monitoring Board established by the Security Council of the United Nations.

Mr. Choudhury has an MA (Hons) in Engineering Science and Economics from the University of Oxford. He is also a Fellow of the Institute of Chartered Accountants of England and Wales.

IFAC conducted a short Q&A with Fayez after his appointment as CEO, as did Public Finance International after he officially joined IFAC.