The International Federation of Accountants (IFAC), the global organization for the accountancy profession with members and associates in 125 countries, has appointed Göran Tidström of Sweden as president of IFAC for a two-year term ending in November 2012. The IFAC Council also approved the nomination of Warren Allen of New Zealand for deputy president, a role previously held by Tidström.

A European representative to IFAC since 2000, Tidström became a member of the IFAC board in 2003, served as chair of the planning and finance committee and is a member of the IFAC regulatory liaison group. Tidström has more than 30 years of experience as a public accountant with PwC in Stockholm, Sweden, where he is a senior partner and former chair.

Allen will serve as deputy president for a two-year term, and also takes the role of chair of the planning and finance committee, which in conjunction with staff develops the strategic plan for IFAC. An IFAC board member since 2006, Allen has been involved with IFAC in numerous roles, including as chairman of the education committee (now called the International Accounting Education Standards Board) from 1998 to 2004 and as a member of the nominating committee from 2006 to 2009. He is a resident of New Zealand and is a partner at Ernst & Young.