Home Business framework International experts join the Value Reporting Foundation

International experts join the Value Reporting Foundation

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SAN FRANCISCO / LONDON, October 25, 2021 (GLOBE NEWSWIRE) – The Value Reporting Foundation today announced the appointment of five new directors to its board of directors. Representing entities from Japan, India, the Netherlands and the United States, the new directors increase regional and preparatory perspectives on the board.

The Value Reporting Foundation has a structure that includes a board of directors (the “Council of the Value Reporting Foundation”) and two independent boards that govern the content of the framework. and SASB standards. The SASB Standards Council develops, publishes and maintains SASB standards. The role of the International Integrated Reporting Framework Board is to recommend for approval any revision, modification or other update of the International Integrated Reporting Framework.

New Directors of Value Reporting Foundation Board Join Period of Growing Business and Investor Support for Framework Inclusion and SASB standards in a comprehensive corporate reporting system. Japanese asset managers Mitsubishi UFJ Trust and Banking Corporation (MUFG) and Asset Management One recently joined the SASB Standards Investor Advisory Group, made up of 61 international institutional investors representing more than $ 51 trillion in assets under management.

The new directors of the Value Reporting Foundation are:

Joe Allanson, Executive Vice President, Finance ESG, Salesforce (San Francisco, United States)

Joe Allanson joined Salesforce in August 2003, four years after the creation of Salesforce in 1999. He was Chief Accounting Officer and Corporate Controller since July 2011, and now serves as Executive Vice President, Finance ESG. Prior to expanding his responsibilities to include the role of accounting director, he held the position of corporate controller of the company from July 2007 to July 2011. Mr. Allanson oversees external environmental and social reporting. and the governance of Salesforce in its 10-K and Proxy versions. , as well as the preparation of its annual stakeholder impact reports. Mr. Allanson also sits on the Board of Trustees of the University of San Francisco.

Koushik Chatterjee, Group Chief Financial Officer, Tata Steel (Mumbai, India)

Mr. Chatterjee joined Tata Steel limited in 1995 and was appointed Group Chief Financial Officer in 2008. During the last 15 years with the company, he was part of the management team of the company and led the financial function of the company and ensured the management. in the areas of financial strategy, performance management, large and complex financings in India and abroad over US $ 70 billion, mergers, acquisitions and divestitures, risk management, reporting and control, investor relations and taxation. Mr. Chatterjee was a member of the SEBI Primary Market Advisory Board and was also a member of the Global Preparers Forum, the advisory body to the International Accounting Standards Board, London.

Tetsuo Kitagawa, professor emeritus, professor at Aoyama Gakuin University (Tokyo, Japan)

Tetsuo Kitagawa is the representative director of WICI Japan and the “ESG Disclosure Study Group”, which consists of large Japanese companies, institutional investors and four major audit firms. He is also chairman of the selection committee for the “Integrated Reporting Award” sponsored by Nikkei Inc. and “IR Excellent Companies” of the Japan IR Association. He is also currently External Director of Mitsubishi UFJ Trust and Banking and a specially appointed professor at Tokyo Metropolitan University. Prior to becoming a university professor, he worked in the research department of institutional investors such as JP Morgan Asset Management, where he analyzed global pharmaceutical companies for over 25 years.

Robert Swaak, CEO, ABN AMRO (Amsterdam, Netherlands)

Robert Swaak has been appointed Chief Executive Officer (CEO) and Chairman of the Management Board of ABN AMRO Bank NV, effective April 22, 2020. As CEO, he is also responsible for Audit, Legal & Corporate Office, Strategy & Sustainability and Brand, and Marketing & Communication. Previously, he held various positions at PricewaterhouseCoopers (Amsterdam, Netherlands) where he started in 1988 and became a partner in 1998. From 2006 to 2013 he was a member of the management committee of PwC Netherlands (CFO, COO, CHRO) and was Chairman of the Management Board from 2008. Subsequently, from 2013 to 2017, he was Global Vice Chairman / Global Clients and Industries leader at PricewaterhouseCoopers International. In 2017, he became Global Relationship Partner and continued his responsibilities as Lead Audit Partner within the Financial Services practice of PwC Netherlands.

Takatoshi Yamamoto, independent director, Hitachi (Tokyo, Japan) and Murata Manufacturing (Kyoto, Japan)

Takatoshi Yamamoto is currently outside director of Hitachi Ltd. and Murata Manufacturing Co., Ltd. He was corporate auditor of Fuji Heavy Industries Ltd (now SUBARU) since June 2012 and corporate auditor of Tokyo Electron Ltd. since June 2013. He was Managing Director and Advisor of Casio Computer Co. Ltd from 2009 to 2012. Prior to joining a manufacturing company in 2009, he had 34 years of experience in the securities and banking industry. investment. He was Vice Chairman and Managing Director of UBS Securities Japan Ltd., after leaving Morgan Stanley in July 2005. He was a securities analyst for 28 years and an investment banker for six years, focusing primarily on investment banking. technology sector and business.

To view the full list of directors, please click here.

About the Value Reporting Foundation

The Value Reporting Foundation is a global, nonprofit organization that offers a comprehensive suite of resources designed to help businesses and investors develop a common understanding of business value – how it is created, preserved or eroded over time. time. Resources, including Integrated Thinking Principles, Integrated Reporting Framework, and SASB Standards, can be used alone or in combination, depending on business needs. These tools, already adopted in more than 70 countries, provide the 21st century market infrastructure necessary to develop, manage and communicate a strategy that creates long-term value and improves performance. To learn more, visit www.valuereportingfoundation.org.