Mark Babington became a member of the International Ethics Standards Board for Accountants (IESBA) effective January 2022.

Mark is the Executive Director of Regulatory Standards at the Financial Reporting Council. He leads the division responsible for the FRC technical and public policy work covering audit, corporate reporting, corporate governance and stewardship, actuarial and the FRC Lab. The division also includes all FRC's Investor and Stakeholder Engagement work. Prior to that, Mark led the FRC's UK Audit Policy programme, measures to support greater competition in the UK audit market and work to support the reform of international standard setting for auditors, by global regulatory authorities.

Before joining the FRC, Mark had a twenty-year career in audit and was a Director at the UK National Audit Office. Prior to that he was a technical advisor to a number of EU capacity-building programmes. He was also involved in the audit of the United Nations.

For five years, Mark was a member of the UK government's counter-fraud taskforce. He is a former Chairman of the International Colleges of Auditors of a number of European defence-related organisations. Mark is an Independent Governor, Board Member and Chair of the Audit and Risk Committee of the Westminster Foundation for Democracy, which is the UK public body dedicated to supporting democracy around the world.

Mr. Luigi Nisoli became a member of the International Ethics Standards Board for Accountants (IESBA) effective January 2022.

Mr. Nisoli works for Deloitte & Touche S.p.A., Italy, and he is the Director of Independence of the firm. He also serves as deputy Director of Independence for Deloitte North and South Europe. He is partner at Deloitte & Touche S.p.A.

Mr. Nisoli is an Italian Dottore Commercialista and a Revisore Legale (statutory auditor approved in accordance with the EU and Italian rules). He is also member of the Ethics and Independence working group established by Assirevi (Italian association of the audit firms).

Mr. Nisoli graduated in statistics and in economics at the Università Cattolica del Sacro Cuore of Milan, Italy.

Mr. Félicien Muvunyi was nominated to the IESBA board in November 2021 having been nominated by the Institute of Certified Public Accountants of Rwanda (ICPAR).

Mr. Muvunyi is one of the founding members of ICPAR. He served on the inspection commission of the Institute for a period of two years before being nominated to the Governing Council where he served for another four years. He currently chairs the Professional Standards Committee of the Institute whose mandate is to advise the Governing Council on adoption of accounting, financial reporting and auditing standards, and recommend best practices in public financial management.

Mr. Muvunyi was the Country Managing Partner of Ernst & Young Rwanda before founding Garnet Partners Ltd. He also previously served as the Group CFO of Crystal Ventures Ltd, one of the leading investment firms in Rwanda.

Mr. Muvunyi currently chairs, Apparel Manufacturing Group, one the leading garment manufacturing companies in Rwanda whose majority owners are women entrepreneurs striving to make a significant positive impact to the Rwandan society through fashion. He has also previously served on various boards in Rwanda.

Mr. Muvunyi is a graduate in accounting sciences from the National Unity of Rwanda with honors. He is also an ACCA member.

Mrs Martin has recently retired from ENGIE (a french listed Energy Group with a wide international presence). During its 30 years of carrier within Engie and its legacy organisations (Suez and Gaz de France notably), she held various Senior Executive positions in the areas of Finance & Accounting, Human Resources, Corporate Secretary and Ethics & Compliance.

During her finance assignments with ENGIE, she was responsible for preparing the Consolidated Financial Statements and experienced the Auditor's issues including their nomination and independence ; she also contributed to the French standard setting process and then to the IAS implementation in France as a Member of the CNC (Conseil National de la Comptabilité - the french accounting standard setter).

During the last 15 years she reported to ENGIE's Board of Directors through successively its Audit Committee, Nomination Committee and Sustainable Development Committee.

Mrs Martin has an MBA from Dauphine University (MSTCF) and a TRIUM International Executive MBA (from HEC Paris, London School of Economics and New York Stern).

Channa Wijesinghe, FCPA, FCA, became a member of the International Ethics Standards Board for Accountants in January 2022. He was nominated by the Accounting Professional & Ethical Standards Board (APESB), Australia. 

Mr. Wijesinghe is currently the CEO of the Accounting Professional & Ethical Standards Board (APESB) and was the inaugural Technical Director during APESB's first decade of operations (2007-2016). As CEO, he manages the implementation of the Board's strategy, national and international stakeholder engagement, operations and technical work program. In addition, he functions as the Chair of the Board's standard development taskforces. He has also represented Australia's interests at the IESBA's National Standards Setters Group since 2009.

At IESBA, Mr Wijesinghe is a Member of the IESBA’s Planning Committee, Tax Planning and Related Services Taskforce and the Sustainability Taskforce. In December 2023, he was appointed as the Chair of the IESBA’s Firm Culture and Governance Working Group.

Mr. Wijesinghe worked in public practice with EY and Deloitte from 1994 to 2004 and was an Audit Director at Deloitte, Melbourne. He also spent several years in energy companies in financial reporting roles, including ASX listed AGL Energy (2005-2006) and was a member of the AGL IFRS project team.

Mr. Wijesinghe is an accounting graduate of Monash University and holds an MBA from Deakin University. He has also completed the Advanced Management Program of Melbourne University and is a Graduate Member of the Australian Institute of Company Directors.

The latest IESBA eNews has been released and is available here. 

The 2-page newsletter includes highlights of the various activities going on in and around the IESBA. 

This 2-page newsletter includes highlights of the various activities going on in and around the IESBA. In this edition, learn more about IESBA's technology initiative, the upcoming virtual Board Meetings, and much more. 

The International Ethics Standards Board for Accountants (IESBA) is pleased to announce new board appointments and reappointments to take effect on January 1, 2022.

The five new Board Members are:

• Mark Babington (Executive Director, Regulatory Standards, Financial Reporting Council, UK)
• Christelle Martin (Former Group Director, ENGIE Group, France)
• Felicien Muvunyi (Managing Partner, Garnet Partners, Rwanda)
• Luigi Nisoli (Partner, Deloitte, Italy)
• Channa Wijesinghe (Chief Executive Officer, Accounting Professional & Ethical Standards Board, Australia)

The following two current Board Members will continue their service for another term:

• Sanjiv Chaudhary (Senior Advisor - Policy & Regulations, KPMG, India)
• Andrew Mintzer (Principle, Hemming Morse, USA)

"I warmly welcome such a strong group of diverse and experienced professionals to the IESBA,” said Stavros Thomadakis, IESBA Chairman. “These are critical times for the profession as the global economy emerges from the COVID-19 pandemic and faces new challenges of sustainability. I am confident these individuals, along with the existing Board members, will serve the public interest with conviction in advancing high-quality ethics standards for the global accountancy profession.”

The IESBA also announces the reappointment of Caroline Lee as its deputy chair for 2022.

“I am very pleased that Caroline will continue serving as IESBA deputy chair in 2022," said Dr. Thomadakis. “As my term expires, I am confident that she will provide a steady voice as the Board transitions to welcoming our new chairwoman, Ms. Gabriela Figueiredo Dias, and that she will continue to serve as a strong advocate for IESBA across the globe.”