The International Centre for Financial Regulation has announced the appointment of Michel Prada as non-executive director to board of directors of the ICFR with immediate effect.The International Centre for Financial Regulation has announced the appointment of Michel Prada as non-executive director to board of directors of the ICFR with immediate effect.

In addition to shaping the ICFR's agenda, Prada (pictured) will use his international experience and expertise to develop key relationships on a global scale.

Lord Currie, chairman of the board of the ICFR, says: "Michel's experience with securities regulation in France and on an international scale through his active participation in International Organization of Securities Commissions will help be instrumental in advancing the ICFR's global agenda."

Prada is the former chairman of the Autorité des Marchés Financiers, France, as well as a member of the Financial Crisis Advisory Group set by the International Accounting Standards Board and the US Financial Accounting Standards Board to consider financial reporting issues arising from the global financial crisis. He is chairman of the board of trustees of the International Valuation Standards Council.

Prada served as the Inspecteur des Finances for France from 1966 to 1970 and subsequently in several distinguished capacities within the French financial services community, including chairman of the executive committee of the International Organization of Securities Commissions.