Supervisory Board and Founding Fathers

EFRAG was set up in 2001 and is currently funded by the following European member body organisations prominent in European capital markets:

BUSINESSEUROPE	European Business Federations
FEE	Federation of European Accountants
CEA	European Insurance and Reinsurance Federation
EBF	European Banking Federation
ESBG	European Savings Banks Group
EACB	European Association of Co-operative Banks
EFAA	European Federation of Accountants and Auditors

The work of EFRAG is overseen by a Supervisory Board drawn from the Member body organisations of EFRAG and chaired by Pedro Solbes Mira. The European Commission is an observer at the Supervisory Board meetings.

The members of TEG are appointed by the Supervisory Board, with the assistance of a Nominating Committee, following an open call for candidates. The Supervisory Board looks primarily to the qualifications of the TEG candidates in terms of knowledge and experience but endeavours to ensure a broad geographical balance, together with experience from preparers, the accounting profession, users and academics.

In the same way, members of working groups are appointed following a call for candidates published on EFRAG's website, with the aim of ensuring an appropriate professional and geographical balance.

The Chairman of the Supervisory Board is:

Pedro Solbes Mira

The members of the Supervisory Board are:

Pär Boman
Peter Chambers
Claudio De Conto
Gérard de la Martinière
Patrick De Vos
Gerhard Hofmann
Robin Jarvis
Aldona Kamela-Sowinska John Kellas
Jorge Gil Lozano
Angelo Provasoli Patrice Marteau
Jens Røder
Peter Sampers
Hans van Damme