Stephen became a member of the International Accounting Standards Board (IASB) in 2007, having previously served on a number of IASB advisory groups, including the working group related to the development of International Financial Reporting Standard (IFRS) 2 Share-based Payment and the joint international group advising the IASB and Financial Accounting Standards Board (FASB) on financial statement presentation. He was also a member of the IASB’s investor advisory group from its inception, now called the capital markets advisory committee. Prior to joining the IASB Stephen was a managing director in the equities division of UBS Investment Bank. He joined UBS in 1997 as an analyst specializing in equity valuation and accounting, for which he was voted the #1 analyst in Europe for several years. Subsequently he was also appointed as a member of the UBS research global investment recommendations committee and the investment committee of the UBS U.K. pension fund. Stephen has also had other investment banking related roles including corporate finance advisory at Schroders, now part of Citigroup, and financial analysis education and training. He qualified as an accountant in 1983 and has a Master’s degree in Accounting and Finance from the London School of Economics.