People working for people

Some of the most qualified and experienced professionals focused on promoting the Public Interest

The PIOB is an international organization comprising ten members and a secretary general, who coordinates a Secretariat with a staff of five, headquartered in Madrid.

The PIOB Board meet four times a year at the end of each quarter.

Three of the meetings are usually held in Madrid, and one is held abroad, alternating locations to achieve wider geographic presence and interaction with the regional auditing and regulatory community.



Gonzalo Ramos

Mini Bio

PIOB Staff

Claudia Deodati

Director of oversight

Rocío Goudie


Nerea Lastras


Heather Erickson


Renzo Lari


Legal structure

Legally, the PIOB is a Technical Committee of the PIOB Foundation. The PIOB Foundation is the independent legal entity housing the PIOB. It is accountable to the Spanish foundations regulatory body.


All PIOB members belong to the Technical Committee of this foundation, which is the body entrusted to carry out the oversight activities of the foundation´s mandate. The Chair and the Secretary General of the PIOB are also the Chair and Secretary General of the foundation, governed by a set of By Laws.


The PIOB Foundation, governed by a board of trustees, discharges its Public Interest mandate, employs PIOB staff, owns its assets, and is accountable for the funds and means that support the PIOB’s activities.

Linda de Beer

Ms. de Beer is a chartered accountant (SA), holds a master’s degree in taxation and is a professor in practice at the University of Johannesburg. She is a chartered director (SA), and serves as an independent non-executive director on a number of South African listed company boards. In addition, she has a long professional history of being involved in the setting, monitoring and oversight of reporting standards, corporate governance principles and related regulation.


Ms. de Beer was Chair of the International Auditing and Assurance Standards Board’s Consultative Advisory Group (CAG) from 2010 – 2015. During her tenure, she also served on the CAG of the International Ethics Standards Board for Accountants. Currently, she is focused on her existing corporate board appointments.


Ten years’ experience in serving as an independent non-executive director on listed company boards, with significant experience in chairing audit committees. She is, and has also in the past, chaired/served on other board committees including risk-, nomination-, remuneration-, investment- and IT committees. She has been the deputy chair of a board and the lead independent director of another. The industries where she is, and has been, serving include banking, insurance, property, mining, agriculture and industrial.


Has served as a non-executive director, both in times of prosperity and difficulty, to steer companies in a responsible and profitable manner. Her experience at a board level includes merger and acquisition activities, business turnaround and restructuring (including debt restructuring and equity raising), appointment and removal of executives and other strategic and governance matters that directors take responsibility for.


Until recently advised numerous corporates, both in South Africa and Namibia, on enhancing their corporate governance, dealing with difficulties at a board and shareholder level and training directors and executives on important matters such as finance, reporting and corporate governance best practice. She has also been invited to speak on these topics at a number of international conferences, most recently in Denmark and Italy.


Experience in mediation of matters between parties and has provided expert witness reports on various aspects relating to corporate governance, financial reporting and auditing standards as well as related legislation.


Is an Honorary (Professor in Practice, on a part time basis) at the University of Johannesburg.


Launched a book, in 2018, co-authorised with Mervyn King, on the audit profession, entitled The Auditor: Quo Vadis?

Gonzalo Ramos

Secretary General of the PIOB (Since 2009)

Former Chair of the International Monetary Fund External Audit Committee



Executive Director for Spain and Mexico European Bank for Reconstruction and Development

Main responsibilities: to contribute to the EBRD corporate mission as a member of the Board of the Bank, and to represent the interests of Spain and Mexico in its operations, including working with bankers and companies to develop projects and partnerships.


Chairman of the EBRD Early Transition Countries Fund (2008)

This Fund was established in 2005 by a number of European donor governments including Spain. It supports EBRD projects in the most challenging countries of operations. Its governance is at the forefront of public international finance.


Chairman of the Financial and Operations Committee (FOPC) (2005-2007)

FOPC reviews and oversees all financial and operational policies of the Bank, monitors the Bank’s Treasury operations, and reviews the liquidity policy and borrowing programme. Additionally, it oversees transparency and accountability of the Bank’s operations.


Vice-chairman of Audit Committee (2005)


Director General for International Finance. Ministry of Economy and Finance (2000-2004)

Appointed by Rodrigo Rato, then Vice-president for Economic Affairs of the Spanish Government, to head international financial policy in the Ministry of Finance and to create a new Directorate General.

Main responsibilities:

Build a new team to develop an integrated and coherent international financial policy for the Ministry, specifically over the following issues:

  • International Financial Stability. International Monetary Fund.
  • World Bank and Regional and Sub regional Development Banks: EBRD, ADB, AfDB, IDB, and others.
  • All other European international financial institutions: EIB, BDCE.
  • Active External Debt Management. Paris Club negotiations. Development of debt swap processes.
  • EU External Development Fund, Financial policy.

Member of the Board of Trasmediterránea, S.A.

Member of the Board of Autoestradas de Galicia

Member of the Board of the European Council Development Bank


Senior Advisor in the General Directorate of the Treasury and Financial policy, Ministry of Economy (1999-2000)

Main responsibility was to advise Mr Rato on ECOFIN and IMF matters.

IMF Residential Course on Financial Programming.


Trade Commissioner of Spain in Malaysia, Brunei and Pakistan, Head of the Economic and Commercial Offices of Spain in these countries (1994-1999)

Assistant Permanent Delegate from Spain at the International Natural Rubber Organization.


Deputy Director General for Oil, Gas and Petrochemistry. General Directorate for Energy. Ministry of Industry (1990-1994)

Member of the Board of ENAGAS, S.A.

Member of the Board of Repsol Petroleos, S.A.

Main responsibilities:

  • Regulation of the process of liberalisation of the State monopoly in the oil sector in Spain.
  • Design and regulation of pricing systems for oil and gas products.
  • Regulation and development of the gas system, including infrastructures.


Advisor for External Trade in Energy Products and Special Operations (1989-90)

General Direction of External Trade, Secretary of State of Trade, Ministry of Economy and Treasury.



1988: Member of the Corps of Public Economists (Cuerpo Superior de Técnicos Comerciales y Economistas del Estado), Ministry of Economy, Spain.

1984: M. PHIL (Economics) by the University of Oxford (U.K.), St Anthony’s College

M. PHIL Thesis: “Budget Deficits and Flexible exchange rates”

Tutor in Microeconomics, Brasenose College, University of Oxford

Referee for Oxford Economic Papers, University of Oxford

Beneficiary of “Overseas Research Studentship Award” from the University of Oxford, 1982-1984.

1982: B.A. (Hons) in Economics by the University of Warwick (U.K.).

Honours Degree in Economics by the Autonomous University of Madrid (Spain).

1977: International Baccalaureate at United World College of the Atlantic, South Wales, UK.



Consultant in SBS, Group Price Waterhouse, March 1986-July 1987

Consultant in Budgetary control, Control Presupuestario S.A. Madrid, September 1985-March 1986



Spanish (mother tongue), English (bilingual), French (fluent).

Basic German and Italian.



“Budget Deficits Flexible and Exchange Rates”, Bodleian Library, Oxford 1984.

The Spanish Energy External Balance in 1989, Economic Bulletin BICE, number 2236, June 4 1990.

Energy Relations: efficient supply policy, Economic Bulletin BICE, number 2283, 10-16 June 1991.

A more efficient regulation of the oil sector in Spain. Industrial Economics, nº 292, July-August 1993.

The New International Financial Architecture, Economic Bulletin BICE, number 2686, 26 March-1 April of 2001.

Advances in the New International Financial Architecture. Journal of Economía Exterior nº 18, Autumn 2001.

The Euro and Globalization. Revista de Occidente, nº 248, January 2002.

The Argentine Crisis and The Role of The IMF. RBW Seminar, New York, May 2002.



European Study Programme-Escuela de Organización Industrial, “Macroeconomic Traits of The Spanish Economy.” October 1999 and October 2000.


Argentina. Economic situation and Spanish financial support. Round-table on Argentina and MERCOSUR. Spanish Institute of International Relationships and Foreign policy. May 2001


New Strategies of Economic Cooperation. I Ibero-American Cooperation Seminar. “External Debt Conversion Programmes.” Ortega y Gasset Foundation. May 2001.


Spain and Development Finance. Globalization and inequality: the new agenda for Financing Development. Summer Courses at the Escorial University. August 2001.


Seminar on the Argentine crisis. Reinventing Bretton Woods, New York. May 2002


Seminar on the Argentine Crisis and NAFI. May 2003. Ministry of Finance and Reinventing the Bretton Woods Committee, Madrid, May 2003.


Miembro del policy panel del XVII Simposio de Moneda y Crédito, “The future of the enlarged European Union”, Madrid, 18th-19th November 2004.

Jane Diplock AO

(Member since 2012)

BA (Hons), LLB, DipEd (Sydney), Dip Int Law (ANU), FIPAA, FNZIM, FAICD

  • Chairman of the Abu Dhabi Regulatory Committee, Abu Dhabi Global Market
  • Director, Singapore Exchange Limited
  • Chair, Governance and Nominations Committee, International Integrated Reporting Council
  • Director, Australian Financial Services Group Pty Ltd

Recent Roles:

  • Member, International Advisory Committee, China Securities Regulatory Commission
  • Member, International Advisory Board Securities and Exchange Board of India
  • Chairman of the Executive Committee, International Organisation of Securities Commissions (IOSCO)
  • Chairman of the Securities Commission, New Zealand

Jane was the Chairman of the governing board, the Executive Committee, of the International Organisation of Securities Commissions (IOSCO) until April 2011. She was first elected in 2004 and re-elected for a fourth term in June 2010.

Jane was appointed Chairman of the New Zealand Securities Commission in 2001, and reappointed in 2006 for a further five-year term, until 2011.

Before this appointment, Jane was the National Director, Infrastructure and Strategic Planning, and New South Wales Regional Commissioner with the Australian Securities and Investments Commission. She has also held senior executive positions with Westpac Banking Corporation, in investment banking and corporate banking. She was Managing Director of the New South Wales Technical and Further Education Commission and Director General of a number of other government departments. She has chaired and been a member of a number of boards and committees in the public, private and not for profit sectors. She has been involved in standard setting globally and nationally.

On retiring from executive life in 2011, she is now an international company director whose portfolio covers financial services, international regulation, investment, technology, and international developments in capital markets and in accounting and auditing.

Jane was appointed an officer of the General Division of the Order of Australia in January 2003 for “service to business and commerce, to public administration, particularly in the areas of education and training, and to the community through a range of social justice, health, educational and cultural organisations”.

On International Women’s Day in March 2011 Jane was honoured by the Australian Government as one of the “Advance 50” current and emerging Australian women leaders globally.

Jane holds degrees in arts and law, a Diploma of Education from Sydney University and a Diploma of International Law, International Economics and International Relations from the Australian National University. She was a Chevening Research Fellow at the London School of Economics.

She is also:

  • Barrister and Solicitor of the ACT Supreme Court and High Court of Australia
  • Barrister of the New South Wales Supreme Court
  • Fellow of the Institute of Public Administration Australia
  • Fellow of the New Zealand Institute of Management Inc
  • Fellow of the Australian Institute of Company Directors
  • Chartered Fellow of the New Zealand Institute of Company Directors
  • Member of Global Women, New Zealand
  • Co-Chair of Women Corporate Directors New Zealand

Aileen Pierce

(Member since 2015)


Aileen Pierce is an EmeritusProfessor of University College Dublin (UCD), Ireland. She served as Chair of the Consultative Advisory Group (CAG) of the International Accounting Education Standards Board (IAESB) for three years from 2012, having represented the European Accounting Association (EAA) on the CAGfrom 2008.She has also served asDirector of the UCD Quinn School of Business (2007 to2010), President of the EAA (2009 to 2011), Chair of the Irish Accounting and Finance Association (2004 to 2005), member of EAA’s Management Committee (2003 to 2012), Congress Chair for the 29th annual congress of the EAA which was held in Dublin in 2006,member of the publications committee of Chartered Accountants Ireland (2006 to 2011), on the accounting standards committee of the Consultative Committee of Accountancy Bodies (CCAB) – Ireland (2002 to 2004), and as a member of the inaugural audit committee of An Garda Síochána (the Irish police force) (2006 – 2008).She is currently a member of the Board of Trustees for Enactus Ireland, and of the Resource Management Committee of the Camogie Association (an Irish female Sports’ organization).


Over her 35 years in UCD, Aileen specialised in financial accounting and reporting,teaching on both specialist accounting and general management, graduate,undergraduate and executive education programmes.She has supervised both PhD and other research students investigating a variety of issues related to the accountancy profession and to financial reporting.Moreover, she has led a curriculum reform group for undergraduate business programmes, culminating in the introduction of Personal Development Planning as a core element of the university’s undergraduatebusiness programme.


Aileen began her professional career by qualifying as an Irish Chartered Accountant with KPMG (then Stokes Kennedy Crowley) in Dublin in the late 1970s, following graduation with a first class honours Bachelor of Commerce degree from UCD. She subsequently became training manager with KPMG in the early 1980s, following an initial two years on the UCD academic staff. She returned to UCD in 1984 to resume her academic career, and completedher PhD in Heriot-Watt University, Scotland. Aileen has also taught accountancy at the University of Zambia(in the mid-1980s), deliveredprofessional development courses for Irish accountancy bodies, presented research papers at a variety of national and international academic conferences, has co-authored books on financial reporting practices, published articles in the academic and professional press, and has served on editorial boards, conference scientific committees,and as a peer reviewer for academic journals in accounting.

Robert Buchanan

(Member since 2020)


Public sector lawyer and consultant based in Wellington, New Zealand. He has a background in public sector legal practice, public and not-for-profit sector governance roles, experience as an independent adviser and reviewer, and international development work in the area of public sector governance and accountability.


His international work draws on his public law and governance experience gained since the 1980s. Most recently, from 2006 until 2019 he ran his own legal practice in Wellington, practicing as Robert Buchanan Public Law and Governance. Before then, He was Assistant Auditor-General, Legal at the New Zealand Office of the Auditor-General (1998 to 2006). He is also a former Director of the New Zealand Law Commission (New Zealand’s law reform agency).


This background gives him a unique combination of skills in law, governance and management, public finance, and auditing.


In July 2019, He ceased his legal practice to focus on his governance and consulting work and his role as Chairperson of the New Zealand Auditing and Assurance Standards Board.


His areas of specialty are:

  • Public sector governance and accountability, including the oversight roles of legislatures and supreme audit institutions.
  • Corporate governance and reporting, including the functions of audit and assurance and their interface with other dimensions of the governance and reporting “supply chain”.
  • Capacity development in supreme audit institutions, including in respect of their independence and legal frameworks.
  • Public sector procurement, including systems for ensuring probity in procurement processes.
  • Professional occupational regulation.
  • Law reform and legislation, including legal drafting.


He provides international consultancy services, in his own capacity and in association with consultancy organisations. He has undertaken projects for The World Bank and the Asian Development Bank in South-East Asia and the Pacific, and work in the Pacific funded by the New Zealand and Australian aid programs. He has also published and presented papers internationally on public sector finance, governance, and accountability.

Shigeo Kashiwagi

(Member since 2017)


Mr. Shigeo Kashiwagi has been teaching economic policy making and international finance at the Graduate School of Business and Commerce of Keio University, as a full-time professor between June 2007 and March 2016 and as a guest professor since April 2016. He has been teaching both undergraduate and graduate courses in English, on issues such as policy implications of economic globalization and regional integration, international finance, fiscal policies, and the Japanese economy.


Mr. Kashiwagi has written extensively on economic policy issues, international finance issues and the Japanese economy. He has also attended conferences and gave lectures and speeches at numerous fora in various countries.


Prior to joining academia, Mr. Kashiwagi was with the Japanese Ministry of Finance for a long time. He held various policy making positions in the areas of international finance, domestic financial sector issues, and macroeconomic policies. He was Director of International Organizations Division of the International Finance Bureau during 1993-94, Director of the Securities Market Division of the Securities Bureau during 1996-98, Director of the Coordination Division, Financial Systems Planning Bureau during 1998-1999, Director-General of the Tokai Regional Finance Bureau during 1999-2000, and Executive Vice-President of the Policy Research Institute during 2003-04.


During his 34-year career at the Japanese Ministry of Finance, Mr. Kashiwagi also acquired broad knowledge and wide experience with international financial institutions, in particular the International Monetary Fund (IMF) and the Asian Development Bank (ADB). He was seconded to the IMF on three occasions and spent 10 years in total in Washington DC; first, as an economist at the Asian Department during 1981-85, secondly, as a Senior Advisor at the Policy Development and Review Department during 2000-03, and thirdly as an Executive Director for Japan during 2004-07. He was also an Executive Director for Japan at the ADB during 1994-96.


Mr. Kashiwagi is also concurrently Senior Fellow, Policy Research Institute, Japanese Ministry of Finance. In this capacity, between July 2008 and November 2015, he served as non-resident First Vice-Rector of the Banking and Finance Academy of the Republic of Uzbekistan to contribute to the human resource development of this country, in the area of banking and finance.


In the corporate world, Mr. Kashiwagi has had considerable experience of sitting on the Board of a major financial institution and acquired hands-on experience of corporate governance matters. He was an outside-member of the Audit and Supervisory Board of the Tokai-Tokyo Financial Holdings Company between 2009 and 2016, and has been a non-executive Board member and a member of the Audit and Supervisory Committee of the same company since June 2016.


Mr. Kashiwagi was also a member of the Advisory Board of the Tokyo Metropolitan Government on its management and effective utilization of public funds, between 2010 and September 2016.


Mr. Shigeo Kashiwagi was born in 1950 in Japan. He received his BA in Economics in 1973 from Keio University and received his Master’s degree in Public Affairs in 1977 from Princeton University.

Karel Van Hulle

(Member since 2014)


Prof. Karel VAN HULLE lectures at the Business and Economics Faculty of the KU Leuven and at the Economics Faculty of the Goethe University in Frankfurt where he is attached to the International Centre for Insurance Regulation. He served as Head of Insurance and Pensions at the European Commission (Directorate-General “Internal Market and Services”) until 1 March 2013. In that capacity, he represented the European Commission within the European Insurance and Occupational Pensions Authority (EIOPA) and was a member of the Technical Committee of the International Association of Insurance Supervisors (IAIS). He joined the European Commission in 1984 after spending 8 years with the Belgian Banking Commission. Before becoming Head of Insurance and Pensions in 2004, he was Head of Unit of Accounting, of Accounting and Auditing and of Financial Reporting and Company Law.


Prof. Van Hulle is a lawyer by training. He studied law at the KU Leuven and at the Marquette University Law School in Milwaukee (Wisconsin). He is a member of the Jan Ronse Company Law Institute at the Law Faculty of the KU Leuven and is a member of the Executive Board of the International Centre for Insurance Regulation at the Goethe University in Frankfurt.

Karen Stothers

(Member since 2017)


Karen Stothers is Senior Director of the Office of the Superintendent of Financial Institutions Canada (OSFI), the independent Canadian federal government agency that regulates and supervises financial institutions and pension plans to determine whether they are in sound financial condition and meeting their requirements.


She began her career in the auditing profession in Canada where she became a Chartered Professional Accountant of Canada and then moved on to financial reporting, accounting policy and risk management for both Canadian and international purposes in US and Canadian Banks. 


In her current position with OSFI she is Head of a centre of expertise in accounting and auditing standards and processes for national and international accounting and auditing policy practices. She is the authoritative voice of OSFI with national and international liaison parties, e.g., standard-setters, regulators, auditors to ensure ongoing assessment of key national and international accounting and auditing standards and trends in order to influence their development and implementation through a variety of means. 


Karen is responsible for OSFI’s public interest role in the Canadian oversight of the setting of audit and assurance standards as the OSFI observer on the Canadian Audit and Assurance Standards Oversight Council. She is also a member of the Public Interest Oversight Board as the Basel Committee on Banking Supervision nominee. She also oversees OSFI’s positions with the Basel Committee on Banking Supervision’s Accounting Experts Group and the International Association of Insurance Supervisors’ Accounting and Auditing Working Group.


She has a Bachelor of Commerce and Finance from the University of Toronto.

Michael Hafeman

(Member since 2020)

Michael Hafeman is an actuary and independent international consultant based in Canada. Since 2003, he has provided policy and implementation assistance to national, regional, and international organizations on issues related to the insurance and pensions sectors. He has worked in more that 70 countries, building capacity on financial regulation and supervision and contributing to the sound development and operation of financial services by advising governments on a range of other issues. He serves as a member of the International Affairs Council and the Public Affairs Council of the Canadian Institute of Actuaries. He is also a member and former chair of the Toronto Centre’s Insurance and Pensions Advisory Board.

He previously worked in the Canadian and U.S. financial sectors, including serving as Assistant Superintendent at the Office of the Superintendent of Financial Institutions Canada, managing partner of the Toronto pension practice of a major consulting firm, and president of a life insurance company. He has served on Canada’s Auditing and Assurance Oversight Committee and as a member of the PIOB (from 2005 to 2014).

He received a Bachelor of Arts degree in Mathematics and Economics from the University of Minnesota – Duluth (UMD). He is a Fellow of the Society of Actuaries, a Fellow of the Canadian Institute of Actuaries, and a Member of the American Academy of Actuaries.  He has been recognized as a Distinguished Fellow by the International Association of Insurance Supervisors and as a member of the Swenson Academy of Science and Engineering of UMD.