Board Member
International Accounting Standards Board

Mr. Amaro Luiz De Oliveira Gomes, Brazilian-British citizen (55), is a Board Member with the International Accounting Standards Board (IASB) since 1st. July 2009. At the IASB he is the Chair of the Emerging Economies Group (EEG) and actively participates in IFRS adoption efforts, overseeing countries in Latin America.
Before joining the IASB, Mr. Gomes was the Head of the Financial System Regulation Department at the Central Bank of Brazil (BCB). With an in-depth knowledge of financial sector regulation, Mr. Gomes has had various roles and responsibilities while at the BCB, from 1992 until 2009, representing the Bank and participating in various international regulatory forums and working groups.
At the BCB, Mr. Gomes was responsible for drafting regulation related to financial products (e.g. derivatives and mortgages), microfinance (access to banking services and products by micro-, small-, and medium-size entities and individuals), consumer rights in the banking sector (banking fees, information transparency), regulatory capital requirements (implementation of Basel Committee recommendations), adoption of international standards and best practices and recommendations in prudential regulation (25 Core Principles for Effective Banking Supervision), market integration (Mercosur), accounting (International Financial Reporting Standards – IFRS) and auditing (International Auditing Standards – IAS). Mr. Gomes played a leading role in the implementation of best international regulatory recommendations and practices in the Brazilian financial system, and also in the development of widely acknowledged regulation in the microfinance and consumer rights areas. As for the adoption of IFRS in Brazil, he oversaw the introduction of IFRS for regulated financial institutions and served as an advisor to the BCB’s own adoption of IFRS.
Mr. Gomes also represented the BCB in the two bodies devoted to IFRS adoption in Brazil — the Brazilian Accounting Pronouncements Committee (Comite de Pronunciamentos Contabeis – CPC) and the Steering Committee for Accounting Convergence–Brazil (Comite Gestor da Convergencia no Brasil) under the auspices of the Brazilian Federal Accounting Council (Conselho Federal de Contabilidade).
Mr. Gomes was significantly involved in efforts aimed at international regulatory cooperation. He was the Central Bank’s representative at the Accounting Task Force of the Basel Committee on Banking Supervision, from 2004 until joining the IASB in 2009, and at the MERCOSUR Sub-Group IV – Financial Services Integration, coordinating the Commission on Financial Services and the Sub-Commission on Accounting Issues, from 1999 until 2009. In addition, from 1999 to 2003 he was the Central Bank’s representative in the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR), at the UNCTAD-UNO.
From 2007 until joining the IASB in 2009, Mr. Gomes was the representative of the Association of Banking Supervisors of the Americas (ASBA) in the Policy Development Group, also under the auspices of the Basel Committee on Banking Supervision.
Before joining the Central Bank of Brazil, Mr. Gomes had an extensive experience in auditing financial institutions and pension funds, while with Pricewaterhousecoopers, from 1986 until 1992. He holds a Bachelor in Accounting from the Universidade de Brasilia (Brazil) and obtained his Masters in Accounting and Finance from Lancaster University (UK), in 1998.