Wolf Klinz was appointed EFRAG Financial Reporting Board Chair on 16 November 2022.

He previously served as a Member of the European Parliament (MEP) with the Free Democratic Party of Germany (FDP), part of the Alliance of Liberals and Democrats for Europe (ALDE), from 2004 until 2014 and from 2017 until 2019.

He studied economics and business administration in Paris and Vienna. He graduated with an M.Com in 1963 from the Hochschule für Welthandel (now Vienna University of Economics and Business), a PhD in 1965, and an MBA from INSEAD, Fontainebleau, in 1966.

Wolf Klinz was a Partner with McKinsey & Company in the United Kingdom, Germany and France. Subsequently, he served as a Member of the Executive Board of a Swiss Corporation. After German reunification he joined the Executive Board of Treuhandanstalt, the German Government's agency for privatisation of the former East German industry. He finished his business career as CEO of a large German corporation in 2004 when he decided to go into European politics.

From 2000 to 2004, he held the (honorary) position of President of the Chamber of Commerce and Industry (IHK) Frankfurt am Main. From 2003 to 2004 he was the Vice-President of Eurochambres in Brussels.


Wolf Klinz

Working groups

EFRAG Administrative Board

EFRAG Financial Reporting Board (FRB)

The EFRAG Financial Reporting Board (EFRAG FRB) is responsible for all decisions made and positions taken at EFRAG. It makes its decisions, to the extent possible, on the basis of consensus, with the objective of ensuring Europe speaks with one voice.

EFRAG Financial Reporting Technical Expert Group (FR TEG)

EFRAG Secretariat

Extended FRB Administrative Board Nominating Committee (NC)