The Independent Regulatory Board for Auditors (IRBA) has confirmed that it has renewed its contract with CEO, Bernard Agulhas, for a further two years to 31 March 2020.
“It gives me great pleasure to confirm our decision which was based on the current challenges the profession is experiencing. We believe that Bernard, with his vast understanding of the profession and oversight, locally and internationally, is in the ideal position to help the board to navigate these issues successfully,” says Abel Dlamini, Independent Regulatory Board for Auditors Chairman of the Board.
“Furthermore, the reputation and image of the auditing and accounting professions need a resolute and committed leader to restore trust, and ensure the continued confidence of investors, business, government and other stakeholders at a time when the country will benefit from financial market stability and investor confidence. His commitment to the public interest and strengthening the independence of auditors will be key to this, as will his ability to ensure that the IRBA remains responsive to the dynamic environment in which it exercises its oversight responsibilities.”
The board expressed its support and best wishes to Agulhas on his reappointment.