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UPDATED ON: Wednesday, March 31, 2010

Accounting Standards Oversight Council (AcSOC):

Kevin Nye, MBA,

From The Globe and Mail

The Accounting Standards Oversight Council (AcSOC) is pleased to announce the appointment of Kevin Nye as Vice-Chair effective April 1, 2010.

Mr. Nye is Senior Vice-President, Enterprise Risk Policy and Portfolio Management for Group Risk Management at Royal Bank of Canada. He has more than 30 years of experience in risk management and is an active participant in the Institute of International Finance. Mr. Nye has been an AcSOC member since August 2005. He currently serves as the Chair of AcSOC’s Nominating Committee.

The Accounting Standards Oversight Council (AcSOC) is an independent, volunteer body established by the Canadian Institute of Chartered Accountants that serves the public interest by overseeing and providing input on the activities of the Accounting Standards Board (AcSB) and the Public Sector Accounting Board (PSAB). AcSOC's responsibilities include appointing AcSOC, AcSB and PSAB members. Reporting to the public and made up of representatives that include regulators, investors and other users, preparers and auditors of financial reports, AcSOC brings a broad perspective to complex issues facing standard setters in both the private and public sector.


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