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International Valuation Standards Council Announces Board Appointments

24 April 2024

Appointments will broaden expertise of the standards boards and strengthen global valuation practices

London, UK – April 2024 – The International Valuation Standards Council (IVSC) is pleased to announce new appointments to its standards setting boards, effective April 2024.

New board appointments have been made to the Standards Review Board, Business and Intangible Assets Board, Financial Instruments Board, and Tangible Assets Board. The new board members join at an important juncture, following the launch of the updated International Valuation Standards (IVS) in January 2024, and ahead of the upcoming Agenda Consultation later this year. Their diverse backgrounds and international expertise will be instrumental in guiding the evolution and relevance of global valuation standards, bringing fresh ideas and perspectives to the IVSC’s work.

IVSC updates its board composition annually, appointing members for an initial three-year term to ensure a rich diversity of expertise and perspectives. This process underscores the IVSC’s commitment to a transparent and inclusive standard-setting process, aligning with best practices globally.

The new board members come from a diverse range of backgrounds, including academia, standards setting organisations, professional bodies, investment, and professional services.


Appointments by Board

The Standards Review Board welcomes:

Ariel Fischman

Standards Review Board

414 Capital

Lie Kok Keong

Standards Review Board

Partner, Transactions, PwC Singapore

Darren Sullivan, CPA, CA, CFA

Standards Review Board

Director of Valuation, Ontario Teachers’ Pension Plan (OTPP)

Each of our new board members brings an enormous depth of expertise and leadership. Their diverse professional backgrounds will significantly enhance our collective efforts to navigate and shape the future of global valuation practices.

Susan DuRoss, Chair, IVSC Standards Review Board

The Business & Intangible Assets Board welcomes:

Gabriela Clivio, CFA, CAIA

Business & Intangible Assets Board

Director of Business Valuation, Mazars, Chile

Robert Crockett

Business & Intangible Assets Board

Associate Partner, EY, Cayman Islands

Victor Siu

Business & Intangible Assets Board

Chief Executive, Greater China Appraisal Ltd.

Edwina Tam

Business & Intangible Assets Board

Senior Managing Director, FTI

Our new board members join us at an important stage in the evolution of valuation standards, bringing fresh insights that will be crucial for our Agenda Consultation later in 2024. Their involvement is timely and will be crucial in steering the conversation and ensuring our standards remain at the forefront of valuation practice.

Richard Stewart, Chair, IVSC Business & Intangible Assets Board

The Financial Instruments Board welcomes:

Dr. Tomas Krabec

Financial Instruments Board

Associate Professor, Prague University of Economics & Business

Stephani Mason

Financial Instruments Board

Associate Professor, DePaul University

Maisam Raza

Financial Instruments Board

Associate Portfolio Manager, Credit Monitoring, Golub Capital

Our new board members join us following the recent publication of IVS 500: Financial Instruments. Their expertise will be vital in championing the implementation of these standards and enhancing market awareness and adoption

Thomas Lee, Chair, IVSC Financial Instruments Valuation Board

The Tangible Assets Board welcomes:

Paloma Arnaiz

Tangible Assets Board

Secretaria General, Asociación Española de Análisis de Valor

Charles Golding

Tangible Assets Board

Senior Specialist - Valuation & Investment Advisory, RICS

Leo Lo

Tangible Assets Board

Managing Director, CHFT Advisory & Appraisal

The infusion of new ideas and perspectives from our new board members is invaluable. As we collaborate with IVSC members and stakeholders throughout the world, their contributions will be essential in driving innovation and excellence in tangible asset valuation standards.

Kim Hildebrandt, Chair, IVSC Tangible Assets Valuation Board
There are more than 170 member organisations
of the IVSC, operating in 137 countries worldwide. Join them.

Become part of a global network working to enhance valuation standards and professionalism.

There are more than 200 member organisations
of the IVSC, operating in 137 countries worldwide. Join them.

Become part of a global network working to enhance valuation standards and professionalism.