One of Australia’s biggest pension funds is ramping up scrutiny of KPMG Australia and the nation’s central bank moved to sever ties with the firm, as the accounting giant’s handling of misconduct allegations by a whistleblower fuels the latest scandal to rock the industry.

The Foreign Investors Council (FIC) announced its new Board of Directors for the 2026-2027 mandate following elections held during the organization’s General Assembly on May 19. The new leadership team includes representatives of some of the largest foreign investors and companies operating in Romania. The new Board consists of Daniel Anghel (PwC), Frederic Aubet (Romcim), Gilles Ballot (Carrefour), Nedim Baytorun (Vodafone), Mihaela Bîtu (ING Bank), Ronald Binkofski (CTP), Ramona Jurubiță (KPMG), Alexandru Lupea (EY), Alessio Menegazzo (PPC), Șerban Nicolescu (Continental Tires), Cătălin Radu (Bristol Myers Squibb), Volker Raffel (E.ON), Alexandru Reff (Deloitte), Nicolas Richard (Engie), and Christina Verchere (OMV Petrom).