The XBRL International Board of Directors serves as the primary Governing Body of the Corporation as a not-for-profit membership corporation under Delaware General Corporation Law.
The Board of Directors is comprised of senior leaders and experts with broad international experience in financial, business and regulatory reporting, accounting and standard setting. The Board advises and assists in executing strategic opportunities, identifies critical regulatory and accounting convergence trends for which the XBRL standard could be used as a solution, and develops long-term growth and sustainability strategies for the XBRL consortium.
Robert M. Tarola, Chair & Treasurer is President of Right Advisory LLC, a consulting firm he co-founded in 2008 which offers a unique perspective to address business and professional challenges of operating executives, governance bodies and finance professionals. Mr. Tarola has extensive experience as a public company director, public company CFO and public company auditor. He is a US CPA and CGMA and a past member member of the PCAOB’s Standing Advisory and Investor Advisory Groups. He has followed XBRL development and implementation since 2005 as a member of the AICPA Assurance Executive Committee and as a participant CFO in the US SEC’s voluntary filing pilot project. Mr. Tarola helped to implement XBRL as a director and audit committee member for two public companies and, finally, he encouraged the PCAOB to utilize XBRL as a way to connect auditors with data used by financial analysts. He is the recipient of the 2020 Life-time Achievement Award in Accountancy from his alma mater Temple University.
Wes Bricker, Vice Chair is the US & Mexico Assurance Leader and Vice Chair at PwC. His leadership and oversight of the Assurance practice encompasses audit quality, business development and portfolio strategy, human capital, diversity, innovation, and technology. Wes brings a track record of leadership in the global capital markets and the public accounting profession. Prior to joining PwC US, Wes served as the Securities & Exchange Commission’s Chief Accountant. In that role, he was the principal advisor to the Commission on accounting and auditing matters, and was also responsible for assisting the Commission with discharging its oversight of the Financial Accounting Standards Board (FASB) and the Public Company Accounting Oversight Board (PCAOB). In addition, he served as Chair of the Monitoring Group, leading the group’s efforts in advancing the public interest in international audit standard setting and audit quality.
Leng Bing is a director at the Accounting Regulatory Department, Ministry of Finance, China (MoF). He has served at MoF for over 10 years and has been engaged in XBRL International activities for 8 years. He oversees Chinese accounting standards for financial instruments, which are substantially converged with the IFRSs.
Philip Fitz-Gerald became Director of the UK’s Financial Reporting Lab (part of the Financial Reporting Council) in 2017. He is a Chartered Accountant in the UK with over 20 years of experience in accounting and audit, focusing on improving the quality of company reporting. He has worked for the Financial Reporting Council since 2009 and was previously the Head of Case Examination and Enquiries.
Phil started his career in the audit practice of KPMG where he spent ten years, the latter half of which he worked as a senior manager in the firm’s professional practice department. After leaving practice, he spent five years as a training consultant helping companies with their corporate reporting requirements before joining the FRC.
Olga Goncharova is Director of the Reports Processing Department at the Bank of Russia. With more than 18 years experience in complex Russian banking in the international environment and with a background in Data collection, processing & BI, Olga was one of the key designers of the Mega Regulator Digital Transformation Project through the XBRL standard implementation. Olga was responsible for the reforming of Credit Bureaus in Russia, which focused on new approaches to credit rating. Having previously worked for UniCredit Bank as a Chief Accountant, in 2012 Olga participated in the Basel III implementation project at the UniCredit Group Holding Company in Milan. Previously at Ernst & Young, Olga obtained extensive experience in auditing financial institutions as a multi-lingual CPA. Regularly participating in educational programs for schools and universities, including lecturing for Sirius school (Russian school for gifted and outstanding children) Olga also established a separate sub faculty at the Financial University in Russia “New technology in collections and processing financial statements”.
Chao Li is a partner in PwC China/HK and is the XBRL subject matter expert in the firm. Chao works with Regulators in China including Ministry of Finance (MOF), China Banking Regulatory Commission, Chinese Securities Supervision Commission, China Insurance Regulatory Commission as a technical advisor to promote the development and application of XBRL in China. Chao is also experienced in providing XBRL regulatory reporting services to many listed companies in China. Chao has been working within the XBRL global community since joining the BPB of XBRL International in 2012, equally Chao has made presentations in a number of XBRL International conferences introducing new developments in XBRL in China, some of which have had a much broader impact on the global community.
Karla McKenna is an international standards specialist in the area of financial services. She is director of Market Practice and Standards at Citi and in this role drives development and adoption of financial services standards for Citi’s Securities businesses. Ms. McKenna serves on the Board of Accredited Standards Committee X9 (ASC X9) and is a member of the inaugural Board of the Eurofiling Foundation. In May 2015, Ms. McKenna began a secondment to the Global Legal Entity Identifier Foundation (GLEIF) as the Head of Standards for the GLEIF.
Ms. McKenna chaired the International Organisation for Standardisation Technical Committee 68 (ISO/TC 68), Financial services, from 2006 to 2018 and continues work with the committee in the areas of regulatory use of international standards and on the refinement of reference data standards. Ms. McKenna is Immediate Past Chair of the Securities Market Practice Group (SMPG) and also has served on the Boards of the International Securities Association for Institutional Trade Communication (ISITC) and previously was a member of the XII Board in 2012.
Beju Shah is Head of Data Collection and Publication in Technology at the Bank of England. Over the past several years he has been at the forefront of where financial regulation meets technology, leading the technical implementations of all major regulations since the financial crisis as well as the digital transformation of regulatory reporting at the Bank of England. Beju has a background in Artificial Intelligence, and has designed several expert systems for various research projects. Beju’s career began working for a boutique consulting firm eventually leading a digital line of business with insurance and public sector clients, earning a place in the Top 100 digitial agencies in its first year. In 2010 he joined the Financial Services Authority, implementing Solvency II and then moved to the Bank of England in 2012. Beju is accountable for the design, delivery and ongoing management of all data collection projects and systems.
Mohini Singh is a director in the Financial Reporting Policy Group at CFA Institute. She identifies, writes about, and speaks on pressing issues related to financial reporting policy to foster greater transparency and accountability in global financial markets, including outreach to the industry, standard-setting and regulatory communities. Currently, she is focused on the areas of structured data and technology as well as ESG standards and increasing their use among the investment community. Ms. Singh serves on the Consultative Advisory Groups (CAG) of the International Auditing and Assurance Standards Board (IAASB) as well as the International Ethics Standards Board for Accountants (IESBA), both independent standard-setting bodies. In addition, she is a member of the XBRL US data quality committee, the CPA Canada Value Creation Working Group and the Appraisal Issues Task Force. She is an ACA and is a member of the Institute of Chartered Accountants in England and Wales.
Yoshiaki Wada joined the Bank of Japan in 1982. He worked for the Statistics and Economic Research Department, the IT System Department and for the Secretariat for Policy Board, Financial Systems and Bank Supervision Department. In 2010, Wada san joined NTT DATA Corporation, and currently works for the development of new financial technologies including XBRL, XML, J-SON and related solutions in the Digital Strategy Section of Financial Segments. Wada san is Chair for the XBRL Asia Round Table and also a board member of XBRL Japan.