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INTERNATIONAL VALUATION PROFESSIONAL BOARD
Board Size: not less than 6 or more than 15

Principal Duties
The IVSC is the global organisation for the valuation profession. The International Valuation Professional Board (IVPB) works under the umbrella of the IVSC to protect the public interest by encouraging high quality practices by the world’s valuers, promoting strong ethical values, and supporting the development of all sectors of the profession around the world.

The IVPB is appointed and overseen by the IVSC Board of Trustees. The Board of Trustees does not have a role in respect of the work programme of the independent IVPB.

Under the IVSC Bylaws the duties and responsibilities of the Board shall include but not be limited to:

  • foster and review the development of educational programmes and materials that are consistent with the IVSC Objectives;
  • develop a multi discipline international Body of Knowledge;
  • develop a set of international valuation Best Practices; and
  • support the work of the IVSC and promote education and training relative to International Valuation Standards.

Candidate Specifications
The IVPB is appointed and overseen by the Trustees of the IVSC. Its members are chosen on the basis on their valuation expertise, relevant experience, and ability to work in harmony towards the common objectives.

In appointing individuals, the Board of Trustees is seeking individuals who

  • are committed to achieving the Objectives of the IVSC;
  • demonstrate a high level of professional knowledge and understanding relative to valuation practice, education of and programmes available to valuers, best practices and the valuation body of knowledge;
  • have effective communication skills in dealing with the public and IVPB members;
  • commit to act in the public interest.

Qualified candidates should have experience as a senior professional or executive in an organisation with interest in valuation standard-setting.

While IVSC understands that not every Board member will have expert command of the English language, we require that each member will have proficiency in oral and written English sufficient to make an effective contribution to the Board.

Geographic and Professional Balance
The main qualifications for serving on the IVPB are professional competence and practical experience. However the Board of Trustees will select members so that the IVPB will comprise a group of people representing, within that group, the best available combination of technical expertise in the various valuation disciplines.

The nominating committee will also give consideration to geographic representation. The goal, as far as is possible, is to have representation from the six regions of the world: Africa-Middle East, Asia, Australasia & Oceania, Europe, Latin America & Caribbean, and North America.

Time Requirements
In its first year of operation, it is anticipated that the IVPB of Trustees will meet on two occasions. In addition, there may be between 3 and 4 conference calls to discuss, as they arise, issues than may require more immediate Board attention or approval. Conservatively, this will amount to in excess of 50 hours per year including travel and preparation time.

Some Board members may also be appointed to serve on a Board sub-committee or working group. Board members are also expected to devote some time to acting as an ambassador for IVSC in explaining and promoting the work of IVSC through attendance at relevant regional or national meetings; speaking at conferences, etc. The time commitment for serving in these additional roles is in addition to the above estimate.

Compensation
Individuals are not compensated for serving on the IVPB. However, Board members are reimbursed for travel and expenses associated with attending IVPB meetings.

Download application (pdf) to fill in with the latest version of Adobe Reader (8.1.2), available free from Adobe. SAVE your changes, and email the completed application – and any supporting documents – as attachments to mtissier@ivsc.org before the deadline of 9 May 2008.

IVSC BOARDS APPLICATION PROCEDURES
– Application Procedures
– Responsibilities & Qualifications:
   • IVSC Board of Trustees
   • International Valuation Standards Board
   > International Valuation Professional Board
Application (pdf) You’ll need the latest version of the free Adobe Reader (8.1.2) to fill in and save your entries.

Submitting your application: due 9 May 2008
Please email the completed application – as an attachment – to Marianne Tissier, IVSC Executive Director (mtissier@ivsc.org) before the due date of 9 May 2008.

Further information
If you have any questions or require further information, please contact Marianne Tissier, IVSC Executive Director (mtissier@ivsc.org)

 

page updated 11-Apr-2008


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