IVSC Trustee, Kathleen Casey, has been appointed the new Chair of the U.S. Financial Accounting Foundation (FAF), the body responsible for the oversight, administration, financing, and appointment of the Financial Accounting Standards Board (FASB) and the Governmental Accounting Standards Board (GASB).
Kathleen’s three-year appointment took effect from January 1, 2020 and she succeeds Charles H. Noski, whose term concluded at the end of 2019. She originally joined the Financial Accounting Foundation Board of Trustees on January 1, 2018.
Kathleen is a senior advisor at Patomak Global Partners in Washington, DC, a financial services consultancy that specializes in strategic advisory, compliance, enforcement, and litigation support services.
Prior to joining Patomak Global Partners, she had a distinguished 18-year public service career. Previously, she served a five-year appointment as a commissioner on the U.S. Securities and Exchange Commission (SEC), where she acted as the SEC’s principal representative in various international fora, including multilateral and bilateral regulatory dialogues, the G-20 Financial Stability Board, and the International Organization of Securities Commissions (IOSCO).
She began her career working for the U.S. Senate, including serving as staff director and counsel to the U.S. Senate Banking, Housing, and Urban Affairs Committee.
She currently serves as a director of HSBC Holdings PLC and the Federal Home Loan Mortgage Corporation.