Our boards

PJ Patel is co-CEO and a member of VRC’s board of directors. PJ leads the firm’s financial reporting practice, and the global valuation services of our international network, Valuation Research Group, in addition to other strategic growth initiatives and relationships for VRC, as the U.S.-based partner of the globally focused group.

Mr. Patel frequently presents on valuation issues relating to ASC 805, ASC 350/360, and ASC 820. In addition, he has been on the Fair Value panel at the AICPA SEC Conference. He is often quoted in the press regarding valuation issues.

Mr. Patel has over 25 years of financial and valuation advisory experience focusing on financial reporting and tax assignments for public companies, private equity firms, and their portfolio companies. He has worked with well-known firms such as The Carlyle Group, Mondelez, PepsiCo, AmerisourceBergen, and Quest Diagnostics.

He specializes in the valuation of business enterprises and their underlying intangible assets, including brands, trademarks, patents, customer contracts and relationships, software, and IPR&D. Mr. Patel also values businesses and IP for tax reporting and financing purposes.

Professional Affiliation Committees:

• Chair and active member of the Appraisal Issues Task Force (AITF)
• Member of the Appraisal Foundation’s Business Valuation Resource Panel and Working Group, which prepared the 2016 industry Practice Aid for valuing customer-related intangible assets
• Member of the American Society of Appraisers Business Valuation Committee
• Former Member of the Appraisal Foundation, Business Valuation Resource Panel
• Former Member of the LES committee preparing best practices on IP valuation

Core responsibility

• Bill is a Toronto based Partner in our Strategy & Transaction practice with over 30 years’ experience focused on providing Valuation & Business Modelling to both strategic and financial investors. Specializes in providing valuation services, both domestically and internationally, across a spectrum of industries for matters such as financial reporting, corporate reorganizations, acquisitions, divestitures, fairness opinions, financings, dispute resolutions, and option arrangements.
• Bill previously served the CBV Board of Directors for seven years, including Chair.
• In addition to serving EY Canada’s multi-national clients, Bill 4 years in Stockholm and 2.5 years in Philadelphia serving an array of local and international clients in those markets.

Key Industry experience

• Bill has been involved in the valuation of numerous assets throughout the power & utility environment including hydro, solar, wind and thermal power generation as well as midstream activities including electrical, gas and water distributors and downstream activities such as electrical and gas retailers.
• Bill has experience with regulated and non-regulated energy assets across North America and throughout the North America, South America, EMEA, India, South Africa, Japan and China on Power Generation.
• Bill has been involved in the valuation of numerous regulated and contracted infrastructure assets: transit, toll roads, long term care homes, district heating & cooling, concession agreements, water & waste-water contracts, airports and sea terminals.
• Bill is engaged in the valuation and valuation review of numerous early-stage technology companies as part of financial reporting requirements for various technology clients, pension and private equity investors.
• Bill has significant experience in the valuation of professional service firms, including real estate brokerage, engineering, architectural and others.

Robert joined the API as an associate in 1983, became Fellow in 2000. In 2016 Robert was awarded as a Life Fellow of the API.

He formed the valuation practice Valuecorp in 1980 based in Gladesville in Sydney and employs some 20 valuers, covering all facets of valuation and consulting work through NSW.

His involvement with the API and members throughout Australia is his passion and balancing the API Projects as well as running a successful practice has not been without sacrifice with long days and weekends.

A summary of his history and achievements with the API are as follows:

• API National President 2014/2015
• Appointed to the Professional Indemnity insurance Committee in its early beginning in 2003
• Elected to API NSW Divisional Council in 2006
• Elected as Vice President API NSW Division in 2008
• President API NSW Division in 2009 and 2010, two terms
• Formed an increased the function and relevance of the API Banking and Finance Committee, now the crucial place of interaction between API, LMI, and Banks, all regular attendants of the Committee bi-monthly meetings
• Raised the profile of API via numerous media interviews, radio, press and TV, commenting on a range of property issues during his presidency
• Appointed Chair of the Professional Indemnity Insurance Committee in 2008, and proceeded with the National Director, Grant Warner to develop implement and establish the Capped Liability Scheme on a National basis and drive the Legislation process to completion so the Scheme did commence in December 2010 Nationally. The scheme has now changed the liability of Valuers forever and we are the first Valuers in the World to have Capped Liability
• Appointed to API National Council in May 2011, assigned the task of Corporate Membership development to API and APIV as well as assist the process of Corporate Membership transition to the new Capped Liability Scheme Nationally.
• With co-operation and input with all stakeholders and major valuation firms, completed and implemented Australian Banking and Finance Industry Residential Valuation Standing Instruction, first of its kind for the Australian valuation industry. All valuers now conduct an online module competency based on their knowledge and understanding of the standing instruction.

Current and Future:

IVSC Advisory Forum Working Group

Member · Sep 2022 – Present

Advisory Forum Working Group established in 2009 with the express purpose of providing a forum and opportunity for interaction among the many IVSC Members representing the global valuation profession, and facilitates the dialogue between the various technical boards of the IVSC.

IFSSC – International Fire Safety Standards Coalition

Inaugural Member · Jul 2018 – Present

The Coalition comprises organisations from around the world who have worked together to create a high-level overarching performance framework based on common principles for fire safety engineering design, construction, occupation and ongoing management. UN accepted the standard on 13th November 2020.

WAVO – World Association of Valuation Organisations

President · 2015 – Present

Elected President in June 2024. WAVO is a global organisation of valuation associations established to develop, promote and enhance the valuation professions globally, promote best practises, supporting robust and consistent standards.

Australian Property Institute Valuers Ltd

Chair · 2010 – Present

Chair of APIV Ltd. Administration and reporting to the Professional Standards Council annually and improvements to the Valuers Limited Liability Scheme on an ongoing basis.

Yan Han is the director of the General Affairs and Valuation Standards Department of China Appraisal Society. She holds a PhD in engineering. She is a Chartered Financial Analyst (CFA) and a China Public Valuer (CPV).

Kelly Davids President, The Appraisal Foundation

Ms. Davids leads The Appraisal Foundation in fulfilling its mission to uphold public trust in the appraisal profession. She was previously the Foundation’s Senior Vice President and has been with the organization for over a decade. Prior to joining the Foundation, Davids was Superintendent of the Ohio Division of Real Estate & Professional Licensing, the chief regulator for Ohio’s appraisers. Her experience includes working in senior-level positions for two Ohio Governors and serving multiple terms in elected office. Davids holds a Master’s degree in Public Policy and Management from The Ohio State University.

Aida Dedajic, Director of Engagement at The Appraisal Foundation, serves as the Vice Chair of the Advisory Forum Working Group (AFWG). With a keen focus on fostering collaboration and advancing industry standards, Aida has played a key role in harmonizing the Uniform Standards of Professional Appraisal Practice (USPAP) with the International Valuation Standards (IVS). Since 2018, she has effectively managed AFWG projects and initiatives, facilitating regional calls with IVSC members and spearheading discussion drafts aimed at increasing the global recognition of the appraisal profession. Aida successfully completed the challenging Instructor Certification Course (ICC). As a USPAP geek, she answers both simple and complex questions every day from stakeholders.

A certified Association Executive (CAE) and recipient of prestigious accolades such as the 2023 AWTC Tech Champion and the 2022 NextGen Scholars Award by ASAE, Aida has consistently demonstrated exemplary leadership within the industry. Notably, she has served as both Chair and Vice Chair of the CAE Professional Conduct Committee (ASAE) from 2020 to 2022, exemplifying her commitment to ethical standards and professional excellence. Overseen by Aida, the implementation and approval of Practical Applications of Real Estate Appraisal (PAREA), a virtual pathway for aspiring appraisers to gain their experience, underscores her dedication to fostering the next generation of professionals. Outside of her professional endeavors, Aida finds joy in traveling, picking up new hobbies, and spending quality time with her family.

Kok Keong is the current Chairman of the Council of IVAS. He is also a certified Chartered Valuer and Appraiser (“CVA”) by the Institute of Valuers and Appraisers, Singapore (“IVAS”).

Kok Keong has been involved with IVAS since its inception as a Work Group in 2013 during which the Institute made meaningful progress to promote and develop the Business Valuation (“BV”) industry in Singapore.  This included the launch of the CVA Programme, Asia’s first professional BV qualification, as well as spearheading the provision of technical advice to Singapore regulators such as ACRA and SGX RegCo.

Kok Keong is a Partner of PwC Singapore, co heading the M&A advisory practice. He leads PwC Singapore Financial Due Diligence, Valuations and Business Recovery practices.

Kok Keong provides M&A advisory services to his clients in respect of their Mergers and Acquisitions (“M&A”) transactions, due diligence, restructuring, Purchase Price Allocation exercises, asset impairment reviews and employee stock option valuation. In addition, Kok Keong has also acted as expert advisor and/or witness to several litigation cases involving valuation matters. The total transaction value of the deals he has participated in to-date is above US$100 billion.

Kok Keong graduated from the Nanyang Technological University with Bachelor of Accountancy (Hons) degree. He is a Chartered Accountant and a member of the Institute of Singapore Chartered Accountant (ISCA).

Darren is a Director, Valuations at Ontario Teachers’ Pension Plan (OTPP). He leads a team responsible for OTPP’s private investment valuation process, covering an international portfolio of investments in private equity, infrastructure, natural resources, venture growth, real estate, funds and private credit.

Darren has more than 15 years of experience in private investment valuation, audit, and advisory functions. Prior to joining OTPP, Darren held progressive roles at KPMG in the Cayman Islands and KPMG Toronto.

Darren has an Honours Bachelor of Commerce degree from McMaster University with a Minor in Economics. He also holds Chartered Financial Analyst (CFA) and Chartered Professional Accountant (CPA, CA) designations.

• Ariel Fischman is the founder of 414 Capital, the most active corporate finance house in Latin America. He began his career in the financial industry in 2001, working for international financial institutions including Goldman Sachs, J.P. Morgan and BankBoston, both in Mexico and in the United States. He has served on the board of several private and public companies
• As Founder and Director of 414 Capital, Mr. Fischman has overseen over 20,000 valuations for hundreds of fund managers across most continents and with mandates spanning over a decade. In addition to recurring portfolio valuations, Mr. Fischman has prepared and overseen hundreds of episodic valuations for issuer-paid research, investor-paid research, delisting and merger fairness opinions, restructurings, tax and estate planning strategies, compliance and litigation. He has served on several occasions as expert witness before courts, as observer, and as oversight officer in contested situations
• Mr. Fischman studied Business Administration and graduated valedictorian from Universidad Iberoamericana, he holds a Master’s degree in Infrastructure from New York University and two postgraduate degrees in Money Market Finance and Derivatives from ITAM. He is an Accredited Senior Appraiser by the American Society of Appraisers and, as of 2024, a member of the Standards Review Board of the International Valuation Standards Council (IVSC

Charles Golding is a senior specialist in valuation and investment advisory at the Royal Institution of Chartered Surveyors (RICS). His main role is developing professional standards and practice information for valuers globally, including RICS Red Book Global Standards, with a range of industry stakeholders. These include multinational valuers, lenders, investors and standard setters as well as smaller companies and individuals at a local level. Charles also specialises in ESG, helping to develop the RICS Sustainability and ESG in commercial property valuation and strategic advice guidance and a range of collaborative supporting content. Charles sits on the IVSC Tangible Assets ESG working group and is a regular contributor to external ESG articles and initiatives globally. Prior to working for RICS, Charles was a practising Chartered Valuation Surveyor, specialising in development and investment valuation, local taxation and lease advisory. He has worked in private practice, for government and as an expert witness in the UK Upper Tribunal (Lands Chamber).

Mr. Leo Ming-Yan LO

MEcon BSc (Surveying) MRICS MHKIS RPS(GP)

Adjunct Assistant Professor (CUHK Business School)

Guest Lecturer (HKU Space Institute for China Business)

CEO, Fonto Holdings Limited

Managing Director, CHFT Advisory and Appraisal Limited

Founder, Asia PropTech

Mr. Leo Lo is a surveyor-turned-serial entrepreneur and a veteran in the real estate valuation industry and currently running his own asset valuation business covering the Asia Pacific Region, including North-East Asia and South-East Asia.

Leo is the CEO of Fonto Holdings, which is an integrated corporate based in Hong Kong, dedicated to asset valuation, real estate investment, development, financing and ESG advisory with real estate innovations with futuristic and entrepreneurial views.  Fonto delivers solutions, with the arm of its subsidiary, CHFT Advisory and Appraisal, in the Asia-Pacific Region for real estate and infrastructure asset projects financing, investment, valuation, ESG advisory and asset management.

Personal background

Edwina is a Senior Managing Director with FTI Consulting based in Hong Kong, specializing in business and intangible valuations, corporate reorganization for both public and privately held entities involving mergers and acquisitions, strategic planning, financial statement reporting including purchase price allocation under HKFRS/IFRS and US GAAP, tax reorganization and litigation support engagements.

Prior to her specialization in business valuations, Edwina focused on tax and estate planning for small medium enterprises for six years and provided services in personal, corporate and trust tax, and tax planning in Canada.

Experience

Edwina has over 20 years of international experience covering North America, Hong Kong and China. Her industry experience includes private equity, financial services, energy, power & products, healthcare, hospitality, gaming & leisure, retail & consumer products, telecom, media & technology, and transport & logistics and real estate.

She has provided litigation support services in the areas of financial and business valuations and loss of profit claims to the Hong Kong SAR government, solicitors, listed companies, and individual minority shareholders.

Professional qualifications, affiliations, accomplishments

Edwina is a member of the Chartered Professional Accountants of Canada (CA,CPA), a member of the Canadian Institute of Chartered Business Valuators (CBV) and an accredited member of the American Society of Appraisers (ASA).

She is a member of the board of directors of the International Institute of Business  Valuers (iiBV) and has served on the Asia-Pacific Economic Cooperation (APEC)/International Valuation Standards Council (IVCS) Taskforce focused on improving valuation practices in the APEC region.

Victor is the CEO of Greater China Appraisal Limited, leading their M&A and valuation advisory services in the Asia Pacific region, covering listed companies, private equities, sovereign funds, family offices and startups.

Victor has over 18 years of experience in the finance and valuation field, with a focus on IPO, M&A, financial reporting and litigation engagements.

Before joining Greater China Appraisal, Victor was a Director with the investment banking team at UBS AG, with a focus on capital market deal origination and execution. Prior to UBS AG, he was an Associate Director at Daiwa Capital Markets, covering the TMT space in Asia Pacific region.

Victor graduated from the University of Toronto in commerce and is a CFA charter holder and a certified AICPA.

Robert Crockett is an Associate Partner at EY and leads the Valuation Modeling and Economics (VME) practice in the region of Bahamas, Bermuda, the British Virgin Islands and the Cayman Islands.

Robert performs valuations of privately held portfolio companies and conducts reviews of valuations performed by fund management and other specialists.  Robert primarily assists private equity funds and asset managers. He provides valuation services in respect of illiquid securities (debt, equity, options) in complex capital structures across a range of different sectors, geographies and stages of development (start up to established businesses). These valuation services are for a variety of client needs and uses ranging from financial reporting, transactions, litigation & disputes, to restructuring purposes.

Robert is a UK Chartered Certified Accountant (ACCA), Accredited in Business Valuation (ABV), an Accredited Senior Appraiser – Business Valuation of the American Society of Appraisers (ASA), a Chartered Alternative Investment Analyst (CAIA), a Certified Fraud Examiner (CFE) and, he holds the Certificate in Distressed Business Valuation (CDBV) from the Association of Insolvency and Restructuring Advisors and the Certificate of Advanced Valuation from NYU Stern Business School.

Economist with a Master degree in Economics and a Master degree in Finance. CFA and CAIA Charterholder. CBV Candidate, with a Diploma in Venture Capital. Director of Business Valuation and Corporate Director. Previously Senior Manager in the Valuation and Modeling Practice at Deloitte Canada and Deloitte Chile. 15 years of experience as Managing Director of mutual funds, Head of Strategy and Head of Research in financial institutions and pension fund’s portfolio manager. University Professor in EMBAs and Masters in Finance programs in Chile, Canada (Montréal) and Uruguay. Founding member of CFA Society Chile; Women in Finance Ambassador; Member of International Women Forum (IWF), member of Women in Corporate Directors (WCD), mentor of WoomUp network, mentor of StartUp Chile and member of RedMad. Grader of CFA and CAIA exams and member of the Disciplinary Review Committee of CFA Institute. Economic Advisor for a Presidential Candidate (2020-2021).

Dr. Tomas Krabec is an Associate Professor of business valuation at the Prague University of Economics and Business. He serves as the Chairman of the Advisory Board for Forensic Economics to the Ministry of Justice of the Czech Republic.

With a distinguished career as an advisor and fully qualified expert witness, Dr. Krabec specializes in various aspects of valuation, including business valuation, valuation of financial instruments, and valuation review. His expertise demonstrates within the judicial process, where he has provided expert opinions and reports for governments, publicly traded multinational corporations, and SMEs both within the Central and Eastern European region and internationally. Dr. Krabec particularly specializes in handling diverse and complex consulting assignments related to valuation review and reconciliation.

Dr. Krabec’s dedication to advancing the dialogue around valuation practices is evident through his substantial publishing and public speaking track record. As an unwavering advocate for the advancement of valuation standards, he consistently strives to disseminate knowledge and foster understanding in this field, both nationally and internationally.

His commitment extends to educating a diverse audience, including university students, professional valuers, judges, state attorneys, and other relevant stakeholders, on valuation practices and standards.

Dr. Krabec’s academic journey includes a Master’s Degree in Economics and a PhD in Accounting and Business Valuation from the Prague University of Economics and Business, complemented by an MBA in International Business from the MIB School of Management in Trieste, Italy.

Maisam Raza is an Associate Portfolio Manager at Golub Capital, based in Toronto, Canada. He currently leads the Canadian portfolio management and valuations team. As part of his role, Maisam serves as a member of the Valuations Executive Committee, which oversees valuations for all private assets, including fixed income, derivative, and equity investments, across Golub Capital’s $65+ billion (as of January 1, 2024) portfolio.

Prior to Golub Capital, Maisam was a Senior Manager in KPMG’s Complex Financial Instruments, Valuations team. Over the last decade, he has advised various institutional investors as well as public and private companies on private credit and derivative instrument valuations in support of financial reporting, tax planning / structuring, mergers and acquisitions, liquidations and divestitures, and litigation mandates. Additionally, Maisam has broad experience assisting clients and investment funds in developing valuation policy frameworks for financial instruments.

Maisam received his LL.B in Law from King’s College London, BMath in Mathematics and Business from the University of Waterloo, and MFin in Finance from the Rotman School of Business, University of Toronto.

Stephani A. Mason, PhD, MBA, CPA

Dr. Stephani Mason is an Associate Professor of Accounting at DePaul University, where she teaches advanced-level undergraduate and graduate courses in accounting and valuation. She earned her Ph.D. in accounting at Rutgers University, her MBA in finance and accounting at the University of Chicago, and her BS in accounting at North Carolina A&T State University. With over a decade working in investment management at JP Morgan Investment Management – Private Equity Group as member of a team of 60 investment professionals executing a global investment program for primary, secondary, co-investment, and direct company investment opportunities spanning all private markets, including venture capital, growth equity, buyout/corporate finance, private debt, energy/real assets, and real estate/infrastructure. She conducts academic research on accounting/auditing/valuation standards, valuation specialists, auditor expertise, financial regulation, as well as diversity in the accounting and finance industries.

Mason serves as a member of The PhD Project Advisory Council (PAC-15); United Methodist Higher Education Foundation board of directors; AICPA National Accreditation Commission, Business Valuation Task Force, and Financial Instruments Advisory Group; and the American Accounting Association Meetings Committee and Diversity Initiative. In addition, she is a long-term committee member of the Canadian Academic Accounting Association, British Accounting and Finance Association, European Accounting Association, and Accounting and Finance Association of Australia and New Zealand; is an editorial board member of five academic journals, and founded the WonderWomen of Diversity, a group that hosts discussions about diversity, equity, and inclusion in both the academic and corporate settings.

Secretary General of the AEV —Spanish Association of Value Analysis—, which comprises most of the Regulated Valuation Companies set up in Spain. Responsible for coordinating the activities and work of the Board of Directors and the different technical committees of the AEV, she is also in charge of the dialogue between the valuation companies and the different stakeholders of the sector: regulatory and supervisory bodies, professional associations and international organizations. Architect by the Universidad Politécnica de Madrid and Masters Degree in Real Estate Valuation and Judicial Expertise from the European University of Madrid, she has developed her professional career within the real estate valuation sector, both through technical appraisal and expert work, and through the business and institutional sphere, providing services as an analyst at the AEV before her appointment as General Secretary. 

In 2009, Lim Hwee Hua became the first woman to be appointed a full Cabinet Minister in the Government of Singapore. Her political career began in 1997 when, as a candidate of the ruling People’s Action Party, she was elected as a Member of Parliament.

In 2002 she was appointed Deputy Speaker of Parliament and Chairman of the Public Accounts Committee, the first woman to hold both positions. In 2004 she was made Minister of State for Finance and Transport, and in 2008 she was promoted to Senior Minister of State for Finance and Transport. The following year Hwee Hua was appointed to Cabinet as a Minister in the Prime Minister’s Office and the Second Minister for both Finance and Transport.

At the Finance Ministry, Hwee Hua spearheaded the reform of the accountancy sector, reviewed Government’s investments in business, and helped implement financing options for small and medium enterprises. At the Transport Ministry, she corporatised Changi Airport, helped establish a master-plan for aviation and was instrumental in expanding the International Maritime Centre.

Her ministerial responsibilities reflected her educational background. Hwee Hua went to University of Cambridge on a scholarship, graduating with an honours degree in mathematics and engineering in 1981. She then joined the Administrative Service, serving in the Finance, Education and Law ministries.

In 1989 she obtained a Master of Business Administration from the University of California, Los Angeles. In 1989, she joined Swiss Bank Corporation as an investment analyst; in 1992 moved to Jardine Fleming as Head of Research and Director of Business Development and in 2000, to Temasek Holdings where she was Managing Director of Stewardship/Strategic Relations. Whilst at Temasek till 2004, she was heavily involved in the transformation of government-linked businesses.

Hwee Hua retired from politics in 2011. She returned to the private sector, taking on appointments such as that co-chairman at boutique private equity firm Tembusu Partners, Senior Advisor to the global investment firm Kohlberg Kravis Roberts, chairman of Asia Pacific Exchange and independent director of BW Group and Summit Power. She also served as independent non-executive member of Ernst & Young’s Global Advisory Council (2011-2014), member of Asia Advisory Board of Westpac Institutional Bank (Australia) (2013-2018) and honorary chairman of the Securities Investors Association (Singapore) (2013-2017).

Hwee Hua has authored two publications:
(1) “Government in Business – Friend or Foe” in 2014, which has been translated into Chinese, Portuguese and Spanish; and
(2) “Government in Business – Leading or Lagging?” in 2021.

Marcelo Barbosa was President of the Brazilian Securities and Exchange Commission (CVM) from 2017-2022.

He has a Bachelor of Law from the Faculty of Law of the State University of Rio de Janeiro (UERJ) and master’s degree in Law (LL.M) from Columbia University in New York, USA.

Mr Barbosa was Professor of Commercial Law – Corporations of UERJ (2000-2001), corporate law in the Continuing Education Program of FGV-Rio (2007-2015) and Concrete Cases of Corporate Law and Capital Markets of FGV-Rio (2016-2018).

He was Chairman of the Board of Trustees of Fundação Estudar and a member of the Advisory Board of Columbia Global Centers Latin America (Rio de Janeiro) and of the Committee for Acquisitions and Mergers (CAF), as well as a Fiscal Advisor to the Lemann Foundation.

Mr Barbosa has author numerous articles on corporate and capital market law topics and is a frequent speaker at conferences in Brazil and abroad.

Mary is the Joan E. Horngren Professor of Accounting, Emerita at Stanford University, Graduate School of Business (GSB).  Previously, she was on the Harvard Business School faculty and an Arthur Andersen & Co audit partner.

She currently serves as Vice Chair of the Trustees of the Financial Accounting Foundation (FAF), and was a member of the International Accounting Standards Board (IASB), President of the American Accounting Association (AAA), and International Monetary Fund External Audit Committee chair.

Mary is a prolific researcher focusing on financial accounting and reporting issues and her research has received several prestigious awards.  She is a member of the Accounting Hall of Fame.

She was Senior Editor of The Accounting Review, and has received three GSB teaching awards, the GSB’s Davis Award for lifetime service as a faculty member, and the American Accounting Association’s (AAA’s) Lifetime Service and Outstanding Educator Awards.

Mary holds an AB (Cornell University), an MBA (Boston University), a PhD (Stanford University), and four honorary doctorates (Lancaster University, London Business School, University of Pretoria, and Tilburg University).

Linda is a Chartered Accountant South Africa (SA), a Chartered Director SA and holds a Master’s degree in taxation. She is also a professor in practice (honorary) at the University of Johannesburg.

She is an independent non-executive director and has been serving on the boards of South African listed companies for the past ten years. Linda was appointed as chair of the Public Interest Oversight Board (PIOB), based in Spain, in April 2020. She has an extensive career in setting and oversight of standards, regulation and governance (IFRS, ISA, JSE Listings Requirements and various King Codes) and training and advising in those areas.

Some of her previous positions held include membership of the following:

• Investor Advisory Group of the Public Company Accounting Oversight Board (PCAOB) in the United States of America.
• Chair of the Consultative Advisory Group of the International Audit and Assurance Standards Board.
• The King Committee on Corporate Governance in South Africa.

In 2019 she co-authored a book with Prof Mervyn King (SA), on the future of the auditing profession, entitled The Auditor: Quo Vadis?

Mr. Zhang Genghua graduated from Dongbei University of Finance and Economics with major in Public Finance. Now he serves as Vice President and Secretary General (Director General) of China Appraisal Society.

Mr. Zhang Genghua started his career in the Ministry of Finance (MOF) of People’s Republic of China in 1985, and has been working there ever since. From August 1985 to June 2000, he successively served as Staff, Chief Staff and Deputy Director in the Department of Culture and Education (renamed as Department of Public Expenditure in 1998). During this period, he engaged in budgetary, financial, accounting and asset management, formulation of major fiscal and financial management reforms, policies research on fiscal investment, establishment of financial management systems and various spending standards, management of the assets allocation, use and disposal for public institutions. As key personnel in charge of fiscal management in education sector, he was responsible for the management of budget, finance, accounting and asset on education institutions at all levels, participated in the major reform and development of policies and the research on fiscal investment policies in education sector. He also engaged in the formulation of financial management systems and spending standards and management of assets allocation, use and disposal for all forms of education institutions at all levels.

From June 2000 to July 2012, he served as a Deputy Director, Director and Deputy Director General in the Department of Administration, Politics and Law. He engaged in budgetary, financial, accounting and asset management, formulation of major fiscal and financial management reforms, policies research on fiscal investment, establishment of financial management systems and various spending standards for governmental units, management of the assets allocation, use and disposal for governmental units. Furthermore, he participated in national major research projects with respect to the state-owned asset management of governmental units, and formulated rules and regulations for the state-owned asset management.

Prior to joining China Appraisal Society, Mr. Zhang Genghua was the Director General in the Beijing Supervisory Bureau of MOF. He was participated in supervising the implementation of the central government fiscal policy, and financial management rules and regulations in central governmental units, public institutions, enterprises, financial institutions in Beijing City. He also engaged in managing the budget, finance, and accounting, and asset of the Second-class central governmental budget units in Beijing City.

During 35 years working in MOF, he has edited and published many policy books, and has published many articles on fiscal management in newspapers and journals.

Jacques is a certified public accountant, auditor, chairman and chief executive officer of JPA, an international network of independent accountancy firms, auditors and consultants operating across 70 countries. He is based in Paris, France.

Throughout his career, Jacques has been heavily involved in the organisation and development of the accounting profession in France, having successively assumed the roles of Vice-President of a professional union of accountants and auditors, Chairman of the Regional Company of Auditors of Paris, member of the National Accounting Council then Chairman of the National Company of Auditors.

Jacques has also been regularly involved outside the institutional environment, serving finance professionals through his role as Chairman of the Compagnie des Conseils Experts Financiers from 1998 to 2001, as well as alongside companies as a member of the Board of Directors.

Jacques has a keen interest and expertise in the international market and was President of Development and International Partnerships (DDPI), within the Superior Council of the Order of Chartered Accountants, a position that he assumed from 1997 to 2005.

Appointments
• Independent certified public accountant and auditor (since 1975);
• Professor at the Centre de Formation Professionnelle Supérieur de Comptabilité et Gestion (CFCG) (1976-87);
• Vice-chairman of a professional union of certified public accountants and auditors (1981-1987);
• Elected member of the French Board of auditors of Paris and National Councils since 1982;
• Treasurer of the Compagnie Régionale des Commissaires aux Comptes (Regional Auditors Society-CRCC) (1982-84);
• Elected member of the Conseil Régional des Experts-Comptables et Comptables Agréés de Paris Ile-de-France (Paris/Ile-de-France Regional Council of Certified Public Accountants CROEC) (1984-87);
• Chairman of the Compagnie Régionale de Paris des Commissaires aux Comptes (CNCC Paris Auditors Society) (1985-87);
• Vice-chairman (1987-89), chairman of the Compagnie Nationale des Commissaires aux Comptes (CNCC French National Auditors Society) (1989-91);
• Member of the certified public accountant examination panel (1977-90);
• Senior lecturer at the HEC Entrepreneurs graduate business school (1991-2002);
• Financial expert/consultant, member (1992-1994) of the Conseil National de la Comptabilité (CNP – National Accounting Council);
• Member of the Conseil Supérieur de l’Ordre des Experts-comptables et Comptables Agréés (CSOEC- Executive Council of the Association of Certified Public Accountants) (February 1997-2003); President International partnership Dpt.
• Chairman of the Compagnie des Conseils et Experts Financiers (CCEF – Society of Financial Consultants and Experts) (1998-2001);

FEE:
• French representative to the European Federation of Accountants’ Accountability
• Committee (1997-2005);
• Vice-president (2000-2004);
• Deputy-president (2004-2006);
• President (2006-2008).

HLG:
• Member of the High Level Group of Independent Stakeholders on Administrative Burdens (European Commission, 2007-2013)

IFAC:
• IFAC Board Member 2009 – 2015 (International Federation of Accountants)
• Contribution to the PFC (Planning and Finance Committee) the CRWG (Constitution Review Working Group) PPRAG (Public Policy and Regulatory Advisory Group) GC (Governance Committee – President) 2014 – NC (Nominating Committee – Member) 2015 – 2019

PREVOIR:
• Director and Chairman of the Prévoir Group Audit Committee (Insurance Cie.) since 2007

N.G.E.:
• Member of the Executive Committee and Chairman of the Audit Committee of the N.G.E. Group (Engineering management and execution of construction works) since 2019

National Decorations:
• Officer of the French National Order of Merit.
• Officer of the French Legion of Honor.

Iseo is a partner at Deloitte in Toronto, specializing in Valuation and Dispute Advisory. He performs valuation engagements with respect to mergers & acquisitions, fairness opinions, tax planning, purchase price allocations and goodwill impairment studies for both public and private companies in Canada and globally. In addition, he has expertise in dispute advisory services with respect to intellectual property litigation, quantification of economic damages, forensic accounting, and accounting standards and practices. He has given expert testimony on the subjects of damage quantification, business valuation and forensic services.

In addition to his client responsibilities, Iseo was also the Chief Operating Officer for the Global Financial Advisory business and has previously held a number of senior management positions at Deloitte. Most recently, he led the Canadian Financial Advisory practice and was responsible for the overall market strategy and coordination of all of the service areas making up Financial Advisory: Corporate Finance, Deloitte Forensic, Mergers & Acquisition Transaction Services, Restructuring Services and Valuation Services. Prior to leading the Canadian Financial Advisory practice, Iseo led the Valuation Advisory Services for the Americas, responsible for the overall coordination of the various Valuation Advisory practices across North and South America. Iseo is currently a member of the Canadian Board.

Aiko Sekine is an advisor to the Japanese Institute of CPAs (JICPA), and a former Chair and President of the JICPA. She is also a Professor at Waseda University and serves as a member of the Nominating Committee of the International Federation of Accountants, a member of the IFRS Advisory Council, chair of Councillors of Financial Accounting Standards Foundation in Japan, a temporary committee member of Financial System Council of Ministry of Finance in Japan. She is also a non-executive Director of ORIX Corporation (chairs Audit Committee), and an Audit and Supervisory Board Member of Sumitomo Riko Company Limited and IHI Corporation.

Ms. Sekine has extensive experience in audits of financial statements for Japanese US SEC registrants and audits of financial statements under Japanese Corporate Law and Financial Instruments and Exchange Law as partner of PricewaterhouseCoopers Aarata in Japan.

Prior to becoming the chairman and president, she served as a deputy president and an Executive Board member of JICPA, with a proven record of contributions in quality control, professional ethics, auditing standards, accounting standards and IFRS, as well as in international affairs. Ms. Sekine also held a variety of senior and technical positions such as a board member of International Ethics Standards Board for Accountants, a council member of the International Integrated Reporting Council, a board member of the Accounting Standards Board of Japan, and a member of Business Accounting Council of Financial Services Agency in Japan.

Narayan K. Seshadri, a Qualified Chartered Accountant, started his career with Arthur Anderson. He subsequently joined KPMG and rose to become Managing Partner of the Business Advisory Practice of the firm in India. He possesses expertise in strategic planning, good management practices and financial engineering.

With over 40 years of experience across different sectors and countries, many enterprises he has counselled are now multibillion-dollar businesses continuing to grow.

He founded Tranzmute, a Management and Business Transformation Services enterprise that works with underperforming businesses of high potential and stressed assets to transform them into robust rapidly growing companies.

Narayan is non-executive Chairman of several listed Indian companies including PI Industries, AstraZeneca Pharma India and is an independent director of several other leading companies in which management seeks active board participation.

Ranjit Ajit Singh is an experienced international policymaker and regulator with 25 years’ experience in capital market regulation and market development with a strong focus towards emerging market countries and the Asia Pacific region.

He was the former Vice Chair of the Board of the International Organisation of Securities Commission (IOSCO), chair of its largest committee on Growth and Emerging Markets and was an IOSCO representative to the Financial Stability Board. He had previously served as the Executive Chairman of the Securities Commission Malaysia introducing major regulatory and market development initiatives including setting up Asia’s first independent financial reporting standards framework. He had strongly supported regional integration initiatives during his tenure as the Chairman of the ASEAN Capital Markets Forum, including introducing the ASEAN Green, Social and Sustainability Bond Standards to pave the way to grow sustainable finance in the region.

Ranjit is currently working with the International Monetary Fund advising on markets, financial regulation, and sustainability/climate related risks. He is also a Senior Advisor to the Australian Center of Financial Studies, on the advisory board of the Salzburg Finance Forum, member of the Leadership Council of the United Nations Sustainable Development Solutions Network (M’sia) and has served on the advisory board of several countries. He was a Director of Centennial Group International, Washington D.C and previously taught finance at the University of Melbourne.

He holds a Bachelor of Economics (Hons), Master of Economics in Finance and a Doctor of Laws (honoris causa) degrees from Monash University Australia and is a professionally qualified accountant and fellow of CPA Australia.

Ahmed Sabry FRICS serves as an advisor to the Saudi Authority for Accredited Valuers (TAQEEM), he established TAQEEM Academy in 2014 and headed the professional development and valuation consultancy since 2019. He leads the organizational (regulatory framework) development and professional practices across valuation disciplines in compliance with the International Valuation Standards and provides guidance for each discipline, all published by TAQEEM.

Ahmed has over 30 years’ experience spanning from architectural design and project management to advisory services including development, strategic consultancy, market, and feasibility studies as well as valuation and standard sitting. He established the valuation and advisory discipline of Century 21 Qatar in 2008 prior to leading the tangible assets valuations service line in KPMG Egypt. He specialized in real estate valuations for the past 27 years and he has extensive global valuation experience acting for both private and public sector in the Middle East for various valuation purposes.

Ahmed served on the board of the Egyptian Association for Real Estate Appraisers (EAREA) till 2014. He was the first to be designated FRICS in Valuation in MENA for his significant contributions to the profession and he served on RICS regional Valuation Board till 2017. He has joined RICS KSA board and was also shortlisted for “Pride in the profession” award celebrating RICS 150 years anniversary. He undertaken the technical revisions of the RICS Global Valuation Standards 2020 and 2022 editions in Arabic.

Ahmed served on the IVSC Standard Review Board from 2017 to 2023. He contributed to the translation of IVS 2013, development of IVS 2017 and its explanations, IVS 2020, 2022 editions and he currently helps in the forthcoming IVS 2024 as an observer to the SRB. He has been active in research, training, public speaking and writing articles, in the field of real estate valuation. He co-authored “Real Estate Valuation in Global Markets”, published by the Appraisal Institute (AI), in 2011.

ZHU Jun is a Doctor of Economics and a senior engineer (professorate). He holds various certificates including Certified Public Valuer (China, CPV); International Certified Valuation Specialist (ICVS); Certified Real Estate Appraiser (China, CREA); Registered Price Appraiser (China, RPA); Fellow Member of Institute Public Accountants (Australia, FIPA); Certified Consulting Engineer (Investment) (China, RCE); Fellow Member of Institute of Financial accountants (UK, FIFA); and Certified Senior Enterprise Risk Manager (CSERM). He is also a former Registered Valuer of Royal Institute Certified Surveyors (RICS RV).

Before his career in valuation and investment consulting from 1993, Dr. ZHU has been engaged in macroeconomic analysis in China State Information Center (an affiliate of National Development and Reform Commission), and feasibility analysis and management of Project Management Information Systems in China International Engineer Consulting Corporation. Besides, he is one of the 1st Fellow Member of China Appraisal Society. And he is also an instructor for CPV continuing education and training in China Appraisal Society. He mainly focuses in business valuation, and has presided over lots of standards composing and topic researches.

As a senior expert in profession, Dr. Zhu is a member of the Ministry of Finance Valuation Standards Committee, an assessment expert of financial entity valuation in the Ministry of Finance, an assessment expert of the National State-owned Cultural Enterprise Valuation, an assessment expert of valuation in the State-owned Assets Supervision and Administration Commission of the State Council, the 4th and the 5th M&A committee member of China Securities Regulatory Commission, and the 2nd Accounting Advisory Committee Assistant Advisor in China Securities Regulatory Commission. He is the vice chairman of Professional Committee of Risk Management in China Human Resources Development Association, and a member of Expert Committee of State Price Appraisal Review in the State of Development and Reform Commission. As an expert leader, He was in charge of the translation and interpretation of IVS Standards and CAS Standards.
In addition, Dr. ZHU is an adjunct professor and advisor for Master of Valuation of ten Chinese universities, including the Central University of Finance and Economics, Fudan University, Renmin University, etc.

Finance & Strategy Leader | Coach & Mentor |Independent Director

• Over 3 decades of a breakthrough career with large multinational organizations, in India and abroad (Asia & Pacific region based out of Singapore) doing country, regional and global roles. Worked across the FMCG, Consumer Durables, Pharmaceuticals, and Lubricants industry
• Guide, Coach, and Mentor – progressive history of improving corporate credibility and governance standards by collaborating with leadership and playing a vital role in risk management, improving profits and cash flow.
• Strategic Business Leader & Partner and a Trusted Advisor to corporate affairs having successfully led the acquisition and divestment of businesses and managed multiple legal entity structures in India.
• Board Experience as CFO and Executive Director of Castrol India Ltd, a listed multinational company with a market capitalization of circa $2 bn and turnover of $600 mn; Member of 3 Committees of the Board viz. CSR, Risk Management Committee, and Stakeholder Relationship Committee; Permanent Invitee to the Audit Committee.
• Served as Non-Executive Director on the Board of Castrol Philippines.
• Independent Director: Served on the Board of Thirdware Solutions Ltd., an unlisted public company in the business of IT Solutions with international operations, Chair of the Audit Committee; also served on the Board of Godrej Industries Ltd.
• Trained and certified as Independent Director by Hong Kong University 2014 and Federation of Indian Chambers of Commerce (FICCI) 2015
• Trained coach and member of the International Coaching Federation (ICF)
• Leadership Awards & Accolades– Adam Smith Awards Asia 2019 by Treasury Today– CFO of the Year 2018 at FE CFO Awards by Financial Express– Best Woman CFO 2016 at Yes Bank BW Business World Award

Professor, Vice Dean and Doctoral Supervisor in School of Public Finance and Taxation, Capital University of Economics and Business (CUEB). International Business Expert in China Appraisal Society (CVS), Committee Member of Professional Technical Committee in Beijing Appraisal Society (BJAS).

Karthik Balisagar is a Senior Managing Director at FTI Consulting and is based in London. He is a member of the Economic and Financial Consulting segment. He also leads the FTI Consulting Economic and Financial practice in India. Karthik has 17 years’ experience in valuation and transaction consulting. At FTI Consulting, Karthik specialises in valuation issues in the context of international arbitration and litigation.

Karthik has prepared or assisted with the preparation of expert reports for submission to Singapore, UK, Dutch and EU courts, as well as in arbitrations under ICC, HKIAC, ICSID, UNCITRAL and LCIA rules.

Karthik was also part of the expert panel of valuers advising the Intellectual Property Office of Singapore with respect to policy on intellectual property valuation. He is currently a member of the International Valuation Standards Council (IVSC) Europe Board & Asia Committee, where he assists the board in setting and harmonising international valuation standards across jurisdictions.

Gita Wirjawan is the founder and Chairman of Ancora Group. He was Indonesia’s Trade Minister from 2011 to 2014 and Chairman of Indonesia’s Investment Coordinating Board from 2009 to 2011. His other previously held positions include President Director of JPMorgan Indonesia and Vice President at Goldman Sachs.

A huge believer in soft power, his passion for sports, music, and arts led to some of the nation’s historic achievements. He was the Chairman of the Indonesian Badminton Association between 2012-2016. During that period, Indonesia won 3 gold medals at the World Championships, 4 titles at the All England Championships, and 1 gold medal at the 2016 Summer Olympics in Rio de Janeiro. He has produced, composed, distributed, and played for some of Indonesia’s most prominent artists, namely Bali Lounge, Nial Djuliarso, Tompi, Smash and Dewi Lestari. He also chairs Visinema Group, an award-winning entertainment and IP development company aiming to project Indonesian ideals and create meaningful change through storytelling.

He often calls education his ‘endgame’. He currently teaches at Stanford University and joins the advisory boards for Yale University School of Management, Asia School of Business (MIT Sloan), and the School of Government and Public Policy Indonesia.

Val K. Chiasson, MAI, SRA is a real estate appraiser, analyst, broker, and consultant. He is a State Certified General Real Estate Appraiser and Real Estate Broker. He is a practitioner providing services in valuation as well as litigation support. Appraisal assignments and market studies prepared for banks, governmental agencies, developers, corporations, attorneys, and individuals, covering the feasibility and valuation of various property types throughout Florida and the United States. He has qualified as an Expert Witness in Courts of the States of Florida and Louisiana, as well as courts of the United States. In addition to having experience in the valuation of real estate for financial institutions, he is also an expert in eminent domain, for Federal, State,
County and City authorities.

Mr. Chiasson is a graduate of University of Louisiana at Lafayette, Lafayette, LA, earning a Bachelor of Science Degree Business Administration, in 1978. He joined the American Institute of Real Estate Appraisers (now the Appraisal Institute) as a candidate for the MAI designation in 1981. He attended and
successfully completed numerous real estate appraisal courses and seminars from 1981 through 2022. He earned the MAI designation in 1990, and the SRA designation in 2012.

He is the owner of V K Chiasson Real Estate Companies, a real estate appraisal, consulting and brokerage firm created in 2000, formerly known by the name of Real Estate Analytics. It is located Fort Lauderdale, Florida.

Mr. Chiasson is a member of the South Florida Chapter of the Appraisal Institute and was an elected member of its Board of Directors from 2008 to 2014. He served as Chapter President in 2013. In 2013 he was elected by the Region X Committee to serve as a Board Member of the Appraisal Institute’s
Board of Directors from 2014 to 2018. He was a Trustee of the Board of Trustees – Appraisal Institute Education Trust (AIET) from 2014 to 2016 and awarded the Appraisal Institute’s Outstanding Service Award in 2011.

Ben is responsible for delivery of the RICS Global Valuation Strategy which has a key role in securing global financial stability through participation by the RICS in the development and application of International Valuation Standards. Ben is well qualified for this role as an Economist and a Chartered Surveyor with an interest in the interface of the economy and property markets.

Ben’s has been a practising valuer and respected academic holding senior positions at Nottingham Trent University and The College of Estate Management.

Ben was Chair of the IVSC Tangible Assets Board from 2017 to 2023.  He also Chaired the International Federation of Surveyors (FIG) Commission 9 Valuation from 2018 to 2023.

Advisory/consultancy experience: –

In recognition of Ben’s skill and knowledge in Valuation he has been invited to provide advice to:

• ECB regulation section
• World Bank
• The Appraisal Foundation (USA) International Forum Group
• The Bank of England Long Term Value Project
• Commonwealth Heads of Valuation Agencies
• The United Nations ECE Real Estate Group
• The United Nations Habitat

Valuation expertise:-

As a Fellow of the RICS and a Chartered Valuation Surveyor working for the RICS Ben is has expertise in:

• the RICS Global Valuation Standards (Red Book) as a delivery vehicle for IVS’s
• The Valuation of Unregistered Land
• Developing Valuation training and education
• ESG and its impact on Real Estate valuation
• Developing Valuation frameworks and standards for developing nations
• RICS lead on:
• International Valuation Standards
• Global Red Book
• Basel 3 & 4 Implementation (Prudent Value)
• ESG and Valuation of Real Estate
• Tall Building Fire Safety & Valuation
• Valuation 20 (V20) for G20 initiative

José M. Basáñez MBA is an economist, auditor and lawyer, with post grads in Business Administration (ESIAE, France); EU Law and EU Economics (Université Libre de Bruxelles, Belgium); Eastern-European Economics (Krakow University, Poland); and Foreign Trade (ICEX, Spain).

José has 30+ years’ experience in valuation of all kinds or property, as well as in business and sustainability consultancy.  For almost 15 years, he has been serving as the President of the TECNITASA Group, which holds valuation firms in Spain, Portugal, Colombia and Mexico. He is currently the chairman of the management board in Servatas, Tasa and Tecnitasa, and he also held the presidency of Tasvalúo, the largest valuation firm in Mexico.

In that capacity, José is, since 2016, the President of ATASA (the Spanish Association of Valuation Companies), where he has represented the Spanish valuation companies, licensed with, and supervised by the Bank of Spain, both nationally and internationally, before institutions such as TEGoVA or UPAV.
He has collaborated in the translation into Spanish of IVS 2017, 2020 and 2022, as well as in the drafting of the UPAV Standard on the Valuation of real estate assets used as collateral for lending purposes in the field of credit institutions, under the umbrella of the International Valuation Standards.

• Vikarth is a Partner with Grant Thornton Bharat LLP, India and he leads the Valuation Services Practice of the firm for North India.

• He has over two decades of experience in corporate finance services spread across Grant Thornton and another big 4 firm. Vikarth joined Grant Thornton in 2004 and was part of the founding team for corporate finance services. He specializes in Business and Intangible valuations and has executed many valuation engagements to support clients in their strategic objectives, disputes/litigations or for compliance under statutory and reporting regulations.

• He has undertaken valuations for M&As; corporate restructuring; start-ups; intangibles assets; stock options; disputes; RBI compliance; financial reporting and portfolio of investments for private equity. He has handled several international engagements with several Grant Thornton member firms across geographies.

• His professional memberships and certifications  include – Registered Valuer (Securities and Financial Assets) with the Insolvency and Bankruptcy Board of India (IBBI), the ICVS (International Association of Certified Valuation Specialists) MRICS (Royal Institution of Chartered Surveyors), CFA Institute, USA and Indian Association of Investment Professionals (IAIP), Indian Institute of Management, Bangalore (IIMB) and Masters of Finance – University of Mumbai.

• Srividya is Managing Director & Southeast Asia Leader, Valuation Advisory Services at Kroll. She set up American Appraisal Singapore operations in 2012, which later got acquired by Duff & Phelps which has now been rebranded as Kroll. She is the Chair for Kroll’s Asia Pacific Management Committee and a member of the firm’s Global Leadership Team.
• She has 25 years of experience in valuations, transactions and management consulting. She has advised numerous companies on valuations for the purposes of financial reporting, transaction, restructuring, taxation, dispute resolution and financing.
• She is a former member of the Institute of Valuers & Appraisers of Singapore (IVAS) Council and chaired their Professional Development Working Group. She is a former member of the global Regulatory Board of the Royal Institution of Chartered Surveyors (RICS). She is a member of the Intangible Asset Disclosure Industry Working Group set up by Singapore Government agencies.
• Srividya has advised several global and Asian clients across a variety of sectors such as technology, life sciences, manufacturing, consumer products, energy & resources etc.
• Srividya has published various articles on valuation, PE/VC and M&A, and has been interviewed by several television channels, newspapers and magazines. She is a regular speaker at conferences and seminars.
• Srividya is a registered Chartered Valuer & Appraiser (CVA) with IVAS, Member of the RICS (MRICS) and successfully completed the Certified in Entity and Intangible Valuations (CEIV) training and examination. She also has a Post Graduate Diploma in Management (equivalent to MBA), is a Graduate of the Institute of Cost & Works Accountants of India and a Bachelor of Commerce.

Kevin Prall is Minneapolis Market Leader for Strategy & Transactions – Valuation & Modelling at EY. Kevin has over fifteen years’ experience in providing financial advisory and valuation consulting services to middle market and large, multi-national clients throughout the world. Prior to joining EY, Kevin was a Managing Director in the Valuation & Business Analytics practice of BDO.

Emily is a Managing Director, Valuations at CPP Investments. She leads a team that performs private investments valuations across the fund, covering private equities, venture capitals, private funds, real assets and credit investments.

Emily has over 15 years of industry and professional experience in private investment valuations, risk and asset management functions.

Before joining CPP Investments, Emily was a Director at OMERS Private Markets focused on infrastructure and private equity investments. Prior to OMERS, she held progressive roles in the valuation practices at Deloitte in their Hong Kong, Vancouver and Toronto offices.

Emily holds a Honours Bachelor of Commerce from McMaster University. She also has accreditations as a Chartered Business Valuator (CBV), Chartered Financial Analyst (CFA) and Financial Risk Manager (FRM).

Elena is a Senior Manager in Strategy and Transactions, Valuation Modeling and Economics at EY Luxembourg. Additionally, she is currently acting as valuation trainer for Private Equity – Private Debt courses at House of Trainings, Chamber of Commerce Luxembourg. She is also a founding committee member of LVPA (Luxembourg Valuation Professionals Association).

She holds an MBA from IAE Nantes, France in association with ESFAM Bulgaria; She received her bachelor’s degrees from Academy of Economic Studies in Moldova specialized in International Economic Relations and a second bachelor’s degree from IAE Orleans.

Elena has 12 years of professional experience with a focus on corporate finance – business valuation services. Her education and professional experiences have taken her across Moldova, USA, Bulgaria, Belgium, Romania, and Luxembourg.

Dan Peckham is a Deloitte Risk and Financial Advisory Principal.

He leads our Consumer industry practice for the Valuation & Modeling market offering.  Dan is also the Global and US Valuation and Modeling Technical Leader.  In this role he is responsible for developing our valuation standards, training programs, research and eminence materials for the practice.

He specializes in the valuation of businesses, intangible assets, and stock options.  He performs valuation engagements for mergers and acquisitions, financial reporting, tax planning, financing, and litigation support.

Catalina Miranda is the Vice President, Regulatory & Standards at CBV Institute, a leader within the global business valuation profession. She leads CBV Institute’s regulatory systems and processes that govern and regulate members and students – from professional standard-setting, member guidance and resources, the practice inspection program and disciplinary matters. As a member of the leadership team of CBV Institute, Catalina is also involved in strategic planning and partnerships as well as corporate governance, and extensively collaborates with other valuation professional organizations and stakeholders. She provides leadership on emerging issues in the profession.

Catalina works closely with the International Valuation Standards Council, and has been appointed to serve on the IVSC’s Business Valuation Standards Board.

Catalina is a seasoned corporate finance and valuation professional, with over 15 years experience in accounting/reporting, finance, business and securities valuations and financial regulatory matters. As a CBV, Catalina has a depth and breadth of knowledge of financial analysis and business valuation in the broader Canadian capital markets, as well as experience in accounting, audit, and securities law practice and compliance.

Before joining CBV Institute in 2018, Catalina spent nearly 8 years with Canada’s largest capital markets regulator, the Ontario Securities Commission, overseeing public reporting issuers and public capital raising activity.  Catalina previously practiced business valuations at EY in Toronto. Catalina earned her CPA designation in 2008, and her CBV designation in 2009. She holds a Bachelor of Business Administration from the Schulich School of Business at York University in Toronto.

Ron Cohen is a RICS Registered Valuer and has been the Director of Israel IVS Forum since 2021. This non-profit organization aims to advance transparency and professionalism in Israeli real estate.

In November 2021, Cohen was elected Secretary General of the International Property Measurement Standards Coalition (IPMSC), of which Israel IVS Forum is a member.

From 2011 to 2022, he served as a District Valuer for the Haifa and North districts at the Office of the Valuer General, a branch of the Israel Ministry of Justice. In that position, Cohen acted as an adjudicator in valuation disputes between the Israel Land Authority and leaseholders of state land.

Cohen was a member of the Assessments Committee of the Valuers Registration Board from 2012 to 2018, a statutory body responsible for regulating and overseeing the real estate valuation profession in Israel.

From 2018 to 2020, Cohen was a member of the Professional Committee of the Israel Real Estate Appraisers Association (IREAA). In that capacity, he initiated the establishment of external professional relations for the first time in the history of the Israeli REV profession. In January 2019, IREAA joined IVSC upon his initiative. In July 2019, International Valuation Standards (IVS) were translated into Hebrew, with Cohen serving as the technical editor of the Hebrew translation.

In 2021, he founded Israel IVS Forum.

Cohen has a keen interest in global valuation practice and has written several articles on the subject that have appeared in the Journal of the Israel Real Estate Appraisers Association. He has also contributed an article on Valuation in Israel to the RICS Property Journal.

Paakow is a Consulting Director for TAQEEM, The Saudi Authority of Accredited Valuers. With experience across five continents, managing complex valuation and advisory instructions, primarily for financial reporting, NAVs for funds, insurance and tax, Paakow combines a global perspective with local knowledge to provide optimal solutions for clients.

Currently on contract to TAQEEM, the Saudi Valuation Regulator, as an advisor, Paakow consults on topical valuation issues on behalf of TAQEEM, to government and regulatory bodies, and corporate entities. He advises on the professional development of valuers, their training pathways, their continuing professional education post accreditation, and the review and assurance of valuation reports issued by valuers.

Prior to joining TAQEEM, Paakow was director of Kroll, formerly Duff & Phelps’, Real Estate Advisory Group and, before that, American Appraisal (a division of Duff & Phelps’) Industrials Valuation Group, the specialist tangible assets team (oil & gas, petrochemicals, energy & power generation, iron & steel, healthcare, pharmaceutical & medical devices, data centres and infrastructure, among others) operating across EMEA and the Americas.

Paakow sits on the IVSCs Tangible Assets Board and is a member of the Inspections Working Group and the ESG Working Group. He is a member of the RICS Global Valuation Professional Group Panel, a Fellow of the Royal Institution of Chartered Surveyors, an Accredited Senior Appraiser with the American Society of Appraisers, a chartered Project Manager and a TAQEEM Fellow. Paakow holds a BSc in Real Estate, an MSc in Construction Project Management, and a certification in Sustainability, Leadership and Corporate Responsibility from London Business School.

Kyle K. TenHuisen is a Managing Director in the Valuation Advisory group. His concentration is in machinery & equipment appraisal. Mr. TenHuisen  has valuation consulting experience concerning domestic and foreign markets. He has performed tangible asset valuations both domestically and internationally, including various countries in Asia, Africa, Eastern and Central Europe, and Central and South America.

Mr. TenHuisen has provided valuation services to clients in numerous industries, including manufacturing (automotive, medical, commercial food, aluminum and steel production, metalworking, chemicals, textiles), energy (refineries, terminals, and pipeline), power and utilities (power plants, renewable, transmission, and storage), healthcare, transportation (rail and air), communications (voice and data), entertainment and hospitality, and retail.

His work spans across a variety of different purposes such as litigtion, property and federal tax, insurance, financial reporting, financing, leasing, and consulting. He has served as an expert in various litigation proceedings in regard to the valuation of tangible assets.

Mr. TenHuisen leads the firm’s Machinery & Equipment practice, with responsibilities including practice management, business development, senior level recruiting, and internal systems and group operations.

Prior to joining Stout, Mr. TenHuisen was a Business Operations Analyst for William Beaumont Hospitals. Preceding his work at Beaumont, he was a Manufacturing Engineer at Fleetwood Motor Homes, Inc.

Becky works within Valuation and Advisory Services at CBRE as Head of Quality and Risk Management (ORM) – Europe.

She has responsibility for a ORM team which promotes valuation best practice and develops and implements policies, processes and guidance for all CBRE valuers across Europe. Prior to joining CBRE, Becky was in a similar role managing valuation best practice at Savills UK.

Becky is a RICS Registered Valuer and her valuation experience is focused on trading property, specifically healthcare. However, her current role also draws on her academic career within one of the UK’s most prominent built environment departments at Northumbria University, and the valuable experience she gained in professional standards as Associate Director of the Valuation Professional Group at the RICS.

Becky joined the Tangible Assets Board at the International Valuation Standards Council in April 2023, and is also a member of both the ESG and Social Value working groups.

Sandra is a Partner in EY’s Valuation, Modelling & Economics team within the Strategy and Transactions Team in London, where she leads the Contentious Valuations and Damages practice.

For the past 20 years, Sandra has specialised in commercial valuation and litigation support, having provided Expert Witness work for hundreds of large international complex disputes for High Court and International Arbitration (LCIA ICSID, ICC, SCC and under UNCITRAL rules), globally across sectors such as TMT, Energy & Resources, Real Estate, Pharmaceuticals, Industrials, Financial Services, Consumer Products and Retail.  She has significant experience in valuation of businesses and shares, hybrid instruments, and intangible assets for a variety of purposes including Shareholder disputes, Investor State disputes, Private Equity disputes, Matrimonial purposes. She also provides Expert Determinations and acts in a Shadow Expert capacity.  Sandra also regularly provides “Expert Advisory” services in cases where clients and lawyers require initial help and advice on the strength of the case, as well as for submissions to litigation funders.  She also has substantial experience in commercial valuations for transactions/M&A and fundraising, restructuring, financial reporting, restructuring, and private equity. During her career she has also spent four years in Corporate Finance, thus bringing a commercial perspective to her extensive experience in expert witness work.  She regularly leads multi-disciplinary, cross-border teams to provide expert opinions on valuation, economic, financial and industry-specific issues.

She is the co-founder, contributing author and editor of the leading UK M&A Yearbook: BVB Insights (now in its tenth year) subscribed to by Top 100 Accounting Firms, Corporate Finance houses, Forensic practitioners (regularly used by Experts in Courts), Tax authorities and the ICAEW member library.

She is the UK Senior Vice President of the American Society of Appraisers  (European Chapter), and a regular speaker on Valuation topics at ICAEW conferences and to the legal community in the UK and worldwide.

Sandra designs and presents Business Valuation technical training for EY’s Valuations team nationally in the UK.

Sandra is a Chartered Accountant and member of the ICAEW, she holds a Bachelor of Commerce (minor in Law), First, University of Melbourne (currently Mentor in Alumni society), and is a Member of American Society of Appraisers, and UK Senior Vice President of European Chapter.

Susann Ihlau has more than 25 years of experience in corporate finance and business valuations for companies in various industries; in particular in the context of M&A transactions, squeeze-outs, domination and profit and loss transfer agreements, tax purposes, succession planning, value-based management and financing.

Her advisory focus includes valuations of companies and assets, analysis of business plans, purchase price allocations, impairment tests as well as due diligence in the context of M&A for corporates as well as in the private equity sector.

Susann Ihlau is a member of the German Valuation Standard Setter Board (FAUB) of the Institute of Public Auditors in Germany (IDW).

She is also a publicly appointed expert for business valuations at the Düsseldorf Chamber of Industry and Commerce and a court-appointed and IDW-appointed arbitrator.

Susann Ihlau is the author of a large number of specialist publications and a speaker at specialist lectures.

Matt Clark is an independent valuation consultant with over 35 years of valuation and financial advisory experience, performing financial consulting assignments related to mergers and acquisitions, corporate decision analysis, valuations of businesses and securities for a variety of purposes, as well as dispute resolution.

Over the course of his career, Matt has focused in the area of valuations for financial and tax reporting requirements.  He has extensive experience in purchase accounting valuations and impairment studies conducted under US GAAP and IFRS standards.  In the area of tax valuations, Matt has conducted and led complex legal entity and asset valuations for tax restructuring and other tax reporting purposes.  In addition, he has been designated as a valuation expert and given deposition testimony.

Matt has spent a significant portion of his career providing valuation consulting services in the telecom and technology industries, serving some of the largest global telecom carriers, infrastructure providers, and equipment manufacturers, as well as technology and software companies. He has significant experience in the valuation of intangible assets associated with these industries. Other industries he has served include manufacturing, retail, distribution, real estate, healthcare, and transportation.  Matt has served numerous large, multinational clients for a variety of purposes, both domestically and internationally.  His international valuation experience includes engagements for clients and/or targets in North America, South America, Africa, Asia, Australia, and Europe.

During his career, Mr. Clark has served in valuation leadership roles at various firms.  He was a Managing Director and Regional Leader at Stout Risius Ross, LLC.  He was previously a Principal and Managing Director at Deloitte. He served as President of a national boutique valuation firm.  And prior to that, Matt was a Principal at KPMG, where he served as the National Practice Leader for Telecommunications Valuations.

Matt received his undergraduate degree in Finance & Real Estate and a Masters of Business Administration, both from Baylor University.

José Covas started his activity in the real estate sector in 1997 at Colliers International, as director of the Valuation and Consulting Departments. In 2005, he joined DTZ, as Iberian Director (Portugal and Spain) of the Valuation and Advisory Department. In 2008, he joined WORX Real Estate Consultants (Knight Frank associate) as Director of the Departments of Advisory, Research and Valuation in Portugal and Business Development, with the direction of the offices in Angola and Mozambique. In 2016 he started at AURA REE  Group, with the role of Managing Partner of Aura REE Portugal. Currently is the founder and CEO of Iniciativability Group, a Portuguese real estate advisory family office. He is the current President of RICS Portugal and a master’s Professor in 4 universities in Portugal. He has a degree in Economics from ISEG and an Executive Master in Management and Real Estate Finance from ISCTE Business School. José Covas is a RICS member since 2007.

Tim Deal is a principal in PwC’s Financial Markets & Real Estate team. He was admitted into the PwC partnership in 2016 after having worked in the PwC offices of Washington, D.C, New York, NY and Miami, FL.  As a principal, Tim has held several client, sector, and regional leadership roles within the Financial Markets & Real Estate practice.

Tim has two decades of experience working with entities that originate or invest in financial instruments across multiple asset classes and related structured products.  Tim brings extensive experience and perspectives from leading multidisciplinary teams that provide services to stakeholders throughout the financial instrument lifecycle.  Areas of focus include asset and portfolio diligence, valuation analysis, credit risk analysis, securitization, financial modelling, risk management and product governance.  His diverse background includes engaging with banking and capital markets institutions, asset managers, insurance companies and multinational corporations; both domestically and internationally.

Tim received his M.S. in Finance from George Washington University and his B.S. in Economics from James Madison University.

Dr. Harris Antoniades is a Managing Director and leads the Complex Securities & Financial Instruments practice at Stout with over 20 years of experience in complex securities and derivatives valuations, advance financial analytics, and risk management issues.

Harris’ valuation experience encompasses a broad range of asset classes, including all types of derivatives, structure products, fixed income securities, and share based awards for financial and tax reporting purposes. He has also provided valuation advisory services to public and private companies, boards of directors, and other fiduciaries in connection with strategic planning, merger & acquisition investment decisions, bankruptcy and reorganization, shareholder disputes, and other corporate, tax and litigation related matters.

Harris lectured in finance at the University of Cyprus, where he developed and taught courses on Business Valuations, Corporate Financial Management and Financial Risk Management to M.B.A. students. He was also a visiting lecturer at the Mechanical and Aerospace Engineering department at UCLA.

Prior to joining Stout, Harris was a Director with PwC where he led projects for the Value Analytics & Derivatives group within Valuations. Before that he worked at Houlihan Lokey, Ernst & Young, and Standard & Poor’s.

Dr. Antoniades received his diploma in Chemical Engineering from the National Technical University of Athens, and he holds a postgraduate diploma in management. He earned his Ph.D. in Chemical Engineering while a Fulbright scholar, with a specialization in process control, optimization and applied mathematics from UCLA. He holds the Chartered Financial Analyst (CFA) designation and the designation of Financial Risk Manager (FRM).

• Andrew is a Deloitte Southeast Asia Valuation & Modeling Partner, based in Singapore. He has more than 20 years of valuations, capital markets, financial modelling and financial advisory experience in serving local, multinational and listed companies in Singapore and the Southeast Asia region.
• Andrew currently leads Deloitte Southeast Asia’s Valuation & Modeling Services. Outside of Deloitte, he is actively involved in Singapore’s valuation industry, being a member of the Institute of Valuers and Appraisers, Singapore (“IVAS”) Council and the IVAS Standards & Technical Committee. He was previously a member of the IVAS Professional Development Committee which was instrumental in the development of the Singapore Skills Framework for Business Valuation. Andrew is also a member of the Institute of Singapore Chartered Accountant’s Financial Reporting Committee Valuation Sub-committee.
• Andrew graduated with a Bachelor of Accountancy (Hons) degree from Nanyang Technological University, Singapore. He is currently a Fellow member of ACCA, a Chartered Valuer & Appraiser under IVAS and an Associate member of the Chartered Institute of Arbitrators.

Established in 1991 by Nehama Bogin, land appraiser and jurist, agronomist and MBA, her firm is one of Israel’s leading land appraisal firms and is ranked among the top ten firms in the Urban Renewal Index of Globes and Madlan, and in Duns 100 and Takdin’s ranking tables.

Nehama Bogin’s boutique firm carefully maintains an attentive, personal service with a warm family-like atmosphere and with full transparency and involvement of the client.

The commitment to professionalism, integrity, and excellence, along with a diverse and rich experience in the various topics of the real-estate field, enables the firm to provide its clients with comprehensive professional support.

The firm’s staff includes certified land appraisers with a diverse complementary education – economics, law, geography, business administration, etc.

Nehama Bogin, Land Appraiser and Jurist

Nehama has a B.A., Agronomy, from the Hebrew University (Magna Cum Laude); B.A., Land Appraisal and Property Management, Tel Aviv University (Magna Cum Laude); M.B.A., Swinburne University (Magna Sum Laude); and an LL.B., Ono Academic College (Magna Cum Laude). She is Chair of Israel Real Estate Appraisers Association; a court-appointed expert; arbitrator and mediator; Member of the Academy for the Research and Application of Land Appraisal; Associate of the American Appraisal Institute; former Member of the Appeal Committee for property tax and compensation fund. Nehama is the Israeli representative in the IVSC’s (International Valuation Standards Council) advisory committee; a former Member of the central committee of the Israeli Real Estate Appraisers Association; and a member of various committees: training, foreign relations, legislation, assistance to young appraisers. She is a popular lecturer in a wide range of academic institutions, government and public agencies, professional training, real-estate and construction centers and professional associations, including the Tel Aviv University and the Technion, The Federation of Local Authorities, The Association of Architects and Engineers, The Israeli Bar and more. Nehama also took a part in the writing of the “Real-estate Management” book; she is the editor of the “Land Appraisal and Development” column in the bi-monthly journal “Real-estate”; she published various articles on real-estate in journals and newspapers; and serves as a real-estate commentator in television, radio and newspapers.

Practice Areas

Urban Renewal – the firm specialize in the urban renewal field, and it supports large scales Tama 38 and Pinui-Binui procedures. The firm supports residents from initial stages, through the request for tender for selecting the developer and up to the execution stage, including estimates of the appropriate considerations for the residents and the developer, Standard 21, Allocation charts of the future apartments and more.

Planning – The firm provides comprehensive services in the planning and building field, including supporting planning procedures, reviews and support for betterment charges, claims under section 197, balance charts (merging and division) and support of rezoning procedures and complex long-term projects.

Appropriations – the firm handle claims concerning appropriation compensation in large scales, accompanies owners of appropriated lands and properties, from the mitigation and planning objection stage, up until the submission of a compensation action and appraiser representation in all of the required judiciaries including the courts.

Agricultural Sector – the firm has a longstanding expertise and experience in the countryside/agricultural sector (Kibbutzim, Moshavim, cooperatives), including retroactive approvals for unauthorized usage, execution of rights in estates in Moshavim, “apartment allocation” in Kibbutzim, appeals on payment to the ILA – discounted fees, usage fees, permit fees, rezoning fees and agreement fees.

Various Evaluations – the firm carries out a wide variety of evaluations and reviews for individuals, corporation, banks and government agencies. This includes supporting combination transaction and the division of rights between owners and developers and themselves, specializing in procedures and appeals before the ILA, appraisal of bank guarantees, IFRS, financial supports, expert opinions for courts, arbitrations and mediations, and opinions for legal proceedings such as liquidation of partnerships, owners’ arrangements, evacuations, etc.

 Prominent Projects

• Specializing in the representation of owners of appropriated lands amounting to tens of thousands of dunams all across Israel, representation of the settlements along Road 6 in the appropriation claims, support and representation of the “Gaza Surrounding” settlements in the negotiation for compensation against the appropriation of about 20,000 dunams in the Disengagement Process.
• Representation of the Tel-Aviv Hotels Association in various appraisal issues, and evaluations of numerous hotels and tourism projects across Israel.
• Appraiser support to planning and rezoning proceedings – large annexations to the Ganey Tikva local authority, zoning plans in Jaffa, Hod-Hasharon (the “Beit HaNa’ara” plan), Petach-Tikva, Rishon-LeZion, Even-Yehuda and more.
• Consult and support for large organization, such as the Airport Authority, The Ports Authority, Hebrew University, Tel Aviv University, the Histadrut Assets, Real Estate Participation, Hapoalim Bank, Union Bank, The KKL’s Heimanuta and more.
• Accompaniment of Pinui-Binui procedures in “HaHistadrut Complex”, Givatayim; “Namir-Dafna Complex”, Tel-Aviv; “HaSavyon Complex”, Or Yehuda; “HaRashut Complex”, Hod HaSharon; and more.
• Appraisal works for the Israeli Ports Company, including asset purchases amounting to hundreds of millions of Shekels and supporting zoning plans in areas of hundreds of dunams.
• Evaluation of Bezeq’s assets, worth hundreds of millions of NIS, for the Government Companies Authority, as a basis for the company’s privatization.
• Economic Appraisal support for the evacuation of the “Wholesaler Market” in Tel Aviv.
• Evaluations for the implementation of IFRS reporting for Hachsharat Hayishuv Insurance, and more.
• Support of the planning and development of “New Even Yehuda” in the extent of about 20,000 housing units, including discussions with the planning authorities and relevant government agencies.

Molefi Kubuzie has served as national president of the South African Council for the Property Valuers Profession. He has served on numerous boards and held various senior executive positions in the property and valuation Profession.

Haim Mesilaty has been Chair of the Israel Real Estate Appraisers Association (IREAA) since 2017. Additionally, he is President of the Israel IVS Forum, a think tank and advocacy group set up by IREAA. Haim is an Israel Real Estate Appraiser and is also a member of the Israel Law Bar. He owns his own practice based in the city of Petah Tiqva, part of the greater Tel Aviv metropolitan area.

As Chair of IREAA Haim led the process which culminated in IREAA joining IVSC in January 2019. In July of that year the IVS were officially published in a Hebrew language edition.

Haim has served as Treasurer of IREAA, as a member of its Management Board and as a member of various IREAA professional committees. He has also been involved in local politics and was a member of the local council for his hometown of Qiryat Malachi.

He holds an MBA from the Hebrew University of Jerusalem, an MA in Geography and Certification for appraisal and real estate management from Tel Aviv University, an LLB from the Ono Academic College and a BA in Economics from the University of Haifa.

He is a certified mediator on behalf of Israeli courts and an approved expert witness in the Israeli court system.

Dana Ababei is a certified investment consultant and the CEO of CMF CONSULTING S.A. a Romanian valuation company. She has over 24 years of experience in business, intangible assets, real estate and personal property valuation and also is certified as “Valuation Report Reviewer”.

Dana served as President and Chairman of the Board (2018-2019) of the National Association of Romanian Authorized Valuers – ANEVAR which includes more than 4,100 individuals and 550 companies. The authorized valuers, members of ANEVAR mainly perform the following activities: business valuation, real estate valuation, movable assets valuation, valuation of shares and other financial instruments, valuation of goodwill and other intangible assets and review of valuation reports.

Dana is member of the Board of Directors at the International Institute of Business Valuers (iiBV), Toronto, Canada

Leandro has been working closely with the IVSC for almost 20 years, as the permanent representative of ATASA (the Spanish Association of Valuation Companies), where he currently serves as Secretary General.

At the age of 26, he was the youngest person ever to be elected a Board Member of the IVSC, where he served for the period 2005-2008, right before the first restructuring project took place.

Once the new structure was implemented, he started representing the Spanish VPO before the Advisory Forum, and has been a member of the AF Working Group since its creation in 2011.

He has been promoting the International Valuation Standards both in Europe and Latin America, including the coordination of the working group for the translation of IVS into Spanish. That group joins representatives from ATASA and the Union of Pan American Valuers (UPAV), in order to achieve a unified version, so that the Spanish used in the book is understandable for every reader and cannot be identified as relating to a specific country.

Throughout all this time in the valuation industry, he has also actively participated and served in many international institutions, including the Board of Trustees of the International Ethics Standards Coalition (IESC), the Executive Committee of the International Property Measurement Standards Coalition (IPMSC), the Technical Review Group of the International Association of Assessing Officers (IAAO), the Management Board of The European Group of Valuers Associations (TEGoVA), or many working groups of the Royal Institution of Chartered Surveyors (RICS).

Additionally, he has been invited as an expert to both national and international regulatory institutions. In this context, he was designated the IVSC’s delegate to the Mortgage Industry and Consumer Dialogue, which took place within the European Commission in 2006, and continued his participation in the project as a Stakeholders’ representative on the proposal for a Mortgage Credit Directive at the European Parliament in 2011-2012, which finally was enacted in 2014.

Dr. Frank Harrington is an experienced educator, researcher and registered valuer working in the area of property investment and development valuations. He holds a first class honours Degree in Property Economics (Valuation Surveying), Masters of Science in Planning and Development Surveying, Masters of Arts in Higher Education and Professional Doctorate in the Built Environment.

Frank has been involved in valuation area since he started work experience with his family practice, Smith Harrington, in the late 90s. On graduation from his Bachelor’s Degree he joined Lisney where he developed his skills before returning to Smith Harrington in 2009 to lead their Professional Services Department. His primary practice experience is in the area of valuations for secured lending purposes and land consultancy, particularly on planning and development issues. He is an expert on Part V valuations and interested in further research on existing use value, development value, and betterment taxes. While his primary role is currently in TU Dublin he continues to practice as a Registered Valuer and valuations consultant.

He has always been interested in the education and building trust in valuation profession and started lecturing part time in 2011 before joining TU Dublin in a permanent role in 2016. In his current role as Head of Real Estate in TU Dublin he manages all aspects of TU Dublin’s Real Estate programmes and research. He is also the Assistant Head of School of Surveying and Construction Management in TU Dublin. In this role he developed skills from organisation redesign and multidisciplinary projects that should assist his work with the International Valuation Standards Council (IVSC).

Mr Lau is the Managing Director, Valuation Advisory Services in Asia of Colliers International with responsibility for the Asia valuation and advisory business. Mr. Lau has over 30 years’ property experience in Hong Kong, the PRC and the Asian region and has a wide breath of experience in property valuation, real estate consultancy and investment sales market.

Mr Lau was the President of The Hong Kong Institute of Surveyors (HKIS) for the year 2015-2016. He is a member of the General Practice Divisional Council of the HKIS. Mr Lau actively participates in the community services of Hong Kong including being member of the Housing Authority, the Trade and Industry Advisory Board and the REIT Committee of Securities and Futures Commission. He is also a Director of Hong Kong Cyberport Management Company Limited.

Muath is a Business Valuation professional, Board Member of the Saudi Authority for Accredited Valuers TAQEEM and Vice Chair of the Saudi National Valuation Committee, he has been working closely with the regional regulators of the valuation profession and helped to shape the professional practice in the region by promoting the adoption of the International Valuation Standards IVS as well as the local standards and regulations. He has also been involved at an international level as he is a Board Director at the International Institute of Business Valuers IIBV.

Karin is a partner at BDO Slovenia Financial Advisory practice and a licensed business valuation appraiser with over 20 years of working experience on national and international BV assignments. She holds Slovene BV accreditation, ASA and ARM accreditation and is also certified court expert (corporate finance segment).

Mrs. Lušnic is currently acting as a member of valuation committee at the Slovenian Institute of Auditors and is an active business valuation instructor at the Slovenian Institute of Auditors’ valuation accreditation program.

Reiner Lux has been Managing Director/CEO of the certification body HypZert, Berlin/Germany, since 1996. HypZert qualifies and certifies real estate valuers/appraisers. 

In addition, he has been Managing Director of vdpResearch since 2010. vdpResearch operates a transaction database (databank) into which more than 800 banks have entered data, on the basis of which numerous analyses of the real estate market are carried out. 

Vinay Goel, Honorary General Secretary, Institution of Valuers and MD & CEO, IOV Registered Valuers Foundation, is the competent professional with more than 40 years of rich experience in the field of Planning,  Architecture and Valuation. Currently, engaged extensively in development of the Valuation Profession by being directly engaged with Government & regulatory bodies and financial & related organizations.

Gilles holds a Master in Private Law and is a Certified Accountant. He is specialised in Business Valuation and Economic Damage.

He has chaired the Valuation Experts French Federation since 2015.

KK is President of The Hong Kong Institute of Surveyors (2021/22), non-executive member of the Asia Pacific World Regional Board of RICS, and Chief Executive of Greater China at Cushman & Wakefield, with over 30 years of experience in the real estate industry.

Mr. Sandip Kumar Deb is the Vice Chairman of the Tangible Assets Board of IVSC. He is the Registered Valuer Director of the Assessors and Registered Valuers Foundation of India. Having degree in Civil Engineering, Law, Quantity Surveying and Valuation, Sandip has completed his post gradation in Land and Building Valuation as well as Plant & Machinery Valuation.

Sandip was the President of the American Society of Civil Engineers – India Section (2019-2021), Vice President of the Institution of Engineers (India) (2022), Vice President of American Society of Appraisers (IVC)(2022-23), Vice President of the Institution of Valuers (2016-2021) and Sr. Vice President (East) of the Indian Institute of Technical Arbitrator (2014-16).

He is an International Expert in land valuation especially for the purpose of acquisition. He has got a rich valuation experience of over 30 years working in almost all countries in Indian sub-continent. He is one of the most renowned expert witnesses in the field of valuation in India. Apart from being a professional valuer, Mr. Deb is also a renowned academician teaching valuation in India, Bangladesh and Nepal.

Experience

John is currently registered as a Professional Valuer with the South Council for the Property Valuers Profession (SACPVP). He has a passion for the property valuation industry with over 18 years of industry experience

John worked for Transnet Pension Fund as a Property Valuer (2002-2005) where he was exposed to Retail (including Regional and Super Regional Shopping Centers), Commercial, Vacant Land and Industrial Properties.

He was then Employed by Pangbourne Properties (2006-2007) as the Property Valuation Manager where he was exposed to various types of valuations, including hotels.

He opened his own business, Sizanane Consulting/Property Services in 2007, where he conducted valuations on various types of properties, compiled General Valuation Rolls (GV), and feasibility studies for a wide range of clients. (Completed over 10 General Valuation Rolls and attendant various appeal boards as the Municipal Valuer).

John currently sits on the Valuation Appeal Board (VAB) for Ekurhuleni Metropolitan Municipality and City of Johannesburg as an alternate Member (Professional Valuer) since 2022/2023.

John is currently a mentor to over 10 candidate valuers provide mentorship, training and support to candidate valuers and valuers who aims to register for a higher category. He mentored more then 15 Valuers successfully to get either full or partial registration with the South Council for the Property Valuers Profession (SACPVP).

John was also a sessional lecture for Real Estate Valuation at the University of the Witwatersrand from 2008 until 2023.

He is currently the President of the South Council for the Property Valuers Profession (SACPVP) where he serves his second term and he serve on various other committees within the Council for the Built Environment (CBE) as well as on the Advisory Work Group of the International Valuation Standards Council (IVSC).

Ludmila is President and Partner at IRE Ukraine LLC and Thomas & Simonova LLC. She is an American-Certified Appraiser and Senior Accredited Member of the American Society of Appraisers (ASA) – the only Ukrainian citizen to be so certified.

Ludmila is a member of TAB IVSC and serves as a Vice-President of the European Chapter of the ASA. She is also a Certified Ukrainian Appraiser and a Founding Member of the Ukrainian Society of Appraisers (UTO), Fellow UTO Appraiser, Member of the Board and Chair of the International Relations Committee.
She was the lead author of Ukraine’s National Standards of Appraising, developed on the basis of IVS Standards in 2003, and co-author of the IVS-2020 translation in Ukrainian.

Ludmila specialises in business and asset valuations for large and complex companies undergoing international audit located throughout Ukraine, Russia, Eastern Europe, USA and Central Asia.

Kim Hildebrandt is a Specialist Valuer, Infrastructure at Valuer-General Victoria focusing on valuation of tangible assets for a range of purposes including dispute & litigation, financial reporting, insurance and taxation matters.

With more than 18 years’ of valuation experience, he has conducted valuation assignments for clients throughout Africa, Asia, Europe, the Middle East, North America and Oceania, giving him in-depth and unique insight into a range of tangible assets and capital intensive businesses. During this time, he has teamed with various specialist groups such as business & intangible valuation, M&A, transaction support, real estate advisory, restructuring, legal, audit and taxation to provide integrated valuation analysis and advice.

His experience has spanned a number of industries focusing on power generation, mining, utilities, oil & gas, infrastructure, communications, food & beverage and transportation, but has also been complemented with a portfolio of work in each of the agriculture & forestry, government, healthcare, manufacturing and support sectors.

Kim received his bachelor degrees in Geomatic Engineering (Honours) and Science (Computer Science) from the University of Melbourne. He is an Associate Member & Certified Practising Valuer (P&E) with the Australian Property Institute, and an Accredited Senior Appraiser (M&TS) with the American Society of Appraisers.

James Gavin is a managing director in Duff & Phelps’ San Francisco office and part of the Fixed Asset/Real Estate service line. James leads real estate services in the West Coast, which specialises in consulting and valuation assignments. He has more than 30 years of experience in the real estate industry.

James is primarily focused on real estate valuation and consulting for institutional owners/operators of real estate. He has worked throughout the United States, along with completing international valuation and lease review projects in Europe, Asia and South America. He primarily works with owners of core property types on the investment side and special use facilities on the corporate side.

James’ most recent work experience prior to Duff & Phelps was as a managing director of the Real Estate Valuation and Consulting Practice at Standard & Poor’s (S&P). Before he worked at S&P, James was the West Coast principal-in-charge of real estate valuation and consulting practice for Arthur Andersen LLP.

James received his B.B.A., with an emphasis in real estate and urban economics, from the University of Wisconsin and has taken advanced level courses in statistics and accounting in the Masters Business Program at Santa Clara University. He is a certified general real estate appraiser in California and a state certified appraiser in multiple other western US states.

James is a member of the Appraisal Institute (MAI), Counselor of Real Estate (CRE) and Fellow of the Royal Institute of Chartered Surveyors (FRICS). He is a past chairman of the Appraisal Institute’s Northern California Experience Committee, and is currently a member of the Budget & Finance Committee for the Counselors.

Eduardo majored in Civil Engineering and acquired his M.Sc. at Escola Politécnica da Universidade de São Paulo. He concluded his graduate course in Business at Fundação Getúlio Vargas (FGV).

Eduardo is a partner at Contacto Consultores Associados and acts as a consultant in real estate development and housing for São Paulo City government, the São Paulo Subway Company, the IADB, the World Bank and CAF – Corporación Andina de Fomento, the Andean Economic Development Corporation.

Eduardo also acts as a court expert, real estate appraiser, dispute resolution boards’ member and lecturer in real estate and appraisal graduate courses. He is a board member of IBAPE (Instituto Brasileiro de Avaliações e Perícias de Engenharia, the Brazilian Appraisal Institute), Past President of IBAPE/SP (São Paulo Chapter of IBAPE), Past Secretary for Technical Standards at UPAV – Unión Panamericana de Asociaciones de Valuación, the Panamerican Union of Valuers’ Associations, Brazilian representative at IVSC – International Valuation Standards Council and Fellow of RICS – Royal Institution of Chartered Surveyors. He is past president and founder of LARES – Latin American Real Estate Society.

Brendan has been valuing capital equipment for 17 years both in his previous role at Ernst & Young Australia and in his current position as leader of the capital equipment valuation practice for Ernst & Young Canada.

Brendan regularly provides valuation services to clients in many different geographical regions, and as such routinely deals with valuation issues that arise in the context of financial and tax valuation standards and constantly interacts with regulatory bodies. He is responsible for leading multidisciplinary valuation teams within EY, including machinery and equipment, business valuation and real property valuation.

He has completed valuation projects in a wide range of industries for mergers and acquisitions, insurance, financial reporting, liquidation and tax purposes. He is responsible for performing and managing analyses, guiding company management through methodologies and results, as well as answering third party queries in relation to results. Brendan’s role also includes the valuation review of appraisals performed by third parties for EY audit clients.

Susan DuRoss is a recognized leader in financial instrument valuation, accounting standards, and internal controls. As an industry expert, she emphasizes a risk-based approach to valuation to inform and protect investors and other stakeholders. Susan’s experiences include trading, valuation, and the development of accounting and valuation standards.

As the Executive Director of Global Operations, Susan oversees Harvest Investment’s transparent valuation methodologies, upholding strict compliance with valuation standards. Ms. DuRoss directs the development, maintenance, and quality control procedures related to Harvest’s valuation methodologies, models, and report deliverables in accordance with applicable standards. She emphasizes collaborating closely with clients to help them navigate the complexities of financial markets and reporting requirements.

Susan serves on the IVSC Standards Review Board (SRB) and is an observer on the Financial Instruments Board.  At the Public Company Accounting Oversite Board (PCAOB), Ms. DuRoss serves on the Standards and Emerging Issues Advisory Group (PCAOB SEIAG) and was a member of the PCAOB Pricing Sources Task Force. Susan is the former Chair  (current member) of the American Institute of Certified Public Accountants Financial Instruments Advisory Group (AICPA FIAG), an author of the AICPA Certified in the Valuation of Financial instruments (CVFI) Credential, and a member of the AICPA Specialists and Investments Task Force.

Prior to joining Harvest, Ms. DuRoss traded and structured mortgage and asset-backed securities for William Blair & Co. in Chicago. She received her bachelor’s degree from the University of Michigan.

Richard is the Group CFO and COO of Firebolt Group, an experience economy company. A former Big Four Accounting Firm Partner and US Consulting Firm Senior Managing Director, he left professional services after 15 years to focus on sustainability, working first as the advisor to a US billion-dollar charity addressing plastic waste before joining Nutrition Technologies, a circular economy company, as Group CFO and Board Member. Originally a biochemist by training, his finance career has taken him across Europe, the Middle East and Asia. He regularly speaks on accounting, finance and ESG topics.

Richard previously held the post of Honorary Treasurer and Board Member of a dispute resolution charity for seven years and was a member of Adjunct Faculty at Singapore Management University.

In his former consulting life he was appointed more than 20 times as a valuation and accounting expert witness or determiner, he has been recognised in Who’s Who Legal for Asset Recovery, Quantum of Damages, Forensic Accounting, Arbitration Expert Witness and Investigations work, and described as ‘an eminent practitioner in the region’ and ‘recognised as a top-tier accounting expert in the region.

Olivier Péronnet worked in different transaction during 30 years (including 2 years in New York at Richard E. Eisner & Company) and then created FINEXSI after 6 years with Arthur Andersen.

Olivier leads FINEXSI and is based in Paris. FINEXSI is a financial advisory and audit firm whose experienced professionals help listed and unlisted companies and private equity funds deal with complex situations: Valuation, Audit & Transactions and Litigation. He worked in the following areas of expertise:

– Valuation and financial advice in litigation and assessment of damages (legal cases, arbitration, liability guarantees, operating losses, etc…);
– Independent appraiser for asset transfers and mergers, fairness opinion;
– Corporate finance and company valuation (M&A advice, fairness opinion, independent valuations, business plans, impairment testing, company valuation);
– Audit and due diligence and mandatory trustee appointed by competition regulators.

Olivier is graduated from Ecole des Hautes Etudes Commerciales (HEC Paris), has a master degree in Business Law and a DESS in Taxation.

Olivier is also a French CPA registered as Judicial Expert with the Paris Appeal Court since 2001, with the Paris and Versailles Administrative Appeal Court since 2015 and approved by the Cour de Cassation (2008).

Olivier is President of APEI and Honorary President of CNECJ.

He is also a member of CNCC, SFEV and Club des Juristes and Paris Place de Droit.

Ian Jedlin is a Managing Director for Kroll in their Australian Valuations practice based in Sydney. Previously he was a partner with KPMG in their valuations practice for over 26 years.

Ian has more than 30 years’ experience in the preparation of public fairness opinions and the valuations of shares, companies and businesses. He has extensive experience in all aspects of valuation work including financial reporting, acquisitions and disposals, restructuring, demergers and tax related matters.

His valuation experience extends across a variety of industries with particular experience in financial services, media and technology, infrastructure and property. He has also led a number of major projects in relation to state and federal-owned assets.

Ian received his bachelor’s degree in Economics from Macquarie University and his Masters of Commerce from the University of NSW. He is a member and Accredited Business Valuation Specialist of Chartered Accountants Australia & New Zealand, a graduate of the Financial Securities Institute of Australasia and a graduate member of the Australian Institute of Company Directors.

David Larsen is a managing director in the San Francisco office of Duff & Phelps and part of the Portfolio Valuation service line. He has more than 30 years of transaction and accounting experience. He specializes in fair value accounting issues, and specifically in valuation, accounting, and regulatory issues faced by Alternative Asset managers and investors.

David advises leading Private Equity Managers and Institutional Investors and has advised numerous strategic and private equity acquirers in all areas of mergers, acquisitions, joint ventures, divestitures and valuation related matters. He provides valuation policy and process assistance to a number of the world’s largest institutional limited partner investors and some of the world’s largest alternative Investment managers. David is an advisor to and past Vice Chair of the International Private Equity and Venture Capital Valuations Board (IPEV), which in 2015 released updated International Private Equity Valuation Guidelines. He serves as a member of the American Institute of Certified Public Accountants (AICPA) PE/VC Valuation Guide Task Force and as a member of the International Valuation Standards Council’s (IVSC) Financial Instruments working group. David has served as a special advisor to the Institutional Limited Partners Association (ILPA); board member, project manager and technical advisor to the Private Equity Industry Guidelines Group (PEIGG) and was instrumental in developing and drafting the PEIGG Valuation Guidelines; member of the Financial Accounting Standards Board’s (FASB) Valuation Resource Group (VRG) responsible for providing the Board with input on potential clarifying guidance on issues relating to the application of the principles of FASB ASC Topic 820 (formerly SFAS No. 157), Fair Value Measurements and a member of the AICPA Net Asset Value Task Force.

Prior to joining Duff & Phelps, David was a Partner in KPMG LLP’s Transaction Services practice, where he was the segment leader of KPMG’s U.S. Institutional Investor practice. He served 13 years in KPMG’s Seattle, Düsseldorf and Prague audit practices prior to moving full time to advisory work.

David received his M.S. in accounting from Brigham Young University’s Marriott School, his B.S. in accounting from Brigham Young University. He is a certified public accountant (CPA) licensed in California and Washington, certified in entity and intangible valuation (CEIV), and is accredited in business valuation (ABV) by the AICPA. David is a member of the AICPA and the California and Washington Society of Certified Public Accountants and is a FINRA Series 7, 24 and 63 registered representative.

Uche is a highly motivated and focused professional with significant experiences in the education and practice of Estate Surveying and Valuation. She has her career start as a lecturer with a background knowledge of degree in estate management obtained from the University of Nigeria Nsukka; MSc in property valuation and Management and a PhD from Sheffield Hallam University UK and a diploma in entrepreneurship from IESE Business School, Barcelona, Spain.

She is a Senior Partner in the firm of Chika Egwuatu and Partners, real estate surveying and valuation consultants with head office in Abuja, the Federal Capital City of Nigeria.

Uche heads the Valuation and R&D Unit of the Firm and has pioneered organizational innovations that enable the firm of Chika Egwuatu & Partners in securing new businesses from key industry players and in delivery of core professional services in line with international best practice standards. She has been instrumental in introducing valuation innovations and training the valuation teams to implement the national and international valuation and financial reporting standards in line with the requirements of the Green Book, IVS, IFRS and IPSAS etc.

Uche is a member of the Estate Surveyors and Valuers Registration Board of Nigeria (ESVARBON), the Board that sets the standards and regulates the estate surveying and valuation profession in Nigeria. She presently Chairs the Education Committee of the Board with responsibility to assist the Board in determining the standard of knowledge and skills to be attained by persons seeking to join the profession. She is a Fellow of the Nigerian Institution of Estate Surveyors and Valuers (NIESV), the professional body and has served in various Committees of NIESV. She has a passion for mentoring young professionals and has guided many to attain their professional qualifications.

As a valuation consultant with a mix of careers in academics and professional domains combined with a wide range of national and international exposures and experiences, Uche is ever ready to keep contributing to the development of the valuation profession by engaging with relevant agencies at any given opportunity to promote the recognition and implementation of the international valuation standards in Nigeria and around the world.

Dr. S K Gupta is a Post Graduate in Commerce (Gold Medalist), FCS, FCMA, Ph.D. (Corporate Governance) with over 40 years of corporate experience in leadership positions with various public and private sector organizations in the domains of Finance, Costing, Internal Audit, Legal and Company Secretarial functions. He has dealt with Mergers and Acquisitions, Corporate restructuring, Anti – Dumping Duty and Corporate Governance mechanisms. Currently Dr. Gupta is the Managing Director of Registered Valuers Organization of the Institute of Cost Accountants of India. He was earlier MD and CEO of the IPA of Institute of Cost Accountants of India.

Dr. Gupta has chaired and addressed a large number of national and international seminars and conferences. He has been a Visiting Faculty at various leading Business schools for over 3 decades. He is members various Industry Associations. Dr. Gupta is Editor-in-chief for a feq professional Journals. He is a prolific writer. He has written over 200 articles and research papers which are regularly published in various professional national and International journals. He is currently guiding 5 Ph.D scholars. He has also conducted Management Development Programs both open programs and in-house for various companies Dr. Gupta plays Flute. He has released an album of songs and bhajans played by him on Flute.

Prof.-Dr. Valery V. Yakubovsky was graduated as MSc in mechanical engineering in 1973 from National Aviation University in Kiev, Ukraine. He was deeply involved in intensive research and development activity within National Academy of Sciences of Ukraine. Main field of applications are linked with mechanical engineering in aerospace and defense industries, power engineering, steelwork production, oil and gas extraction, refinery and delivery as well as some other heavy industries. From 1982 he holds Candidate of Sciences degree (PhD equivalent) from E.O. Paton Welding Institute of National Academy of Sciences of Ukraine and from 1993 Doctor of Sciences degree from N.E Bauman National Technical University, Moscow, Russia.

During 1980-1995 – member of the International Institute of Welding. In 1992-1995 was nominated as a member if Inter-State (CIS) Scientific Council on Welding and Allied Processes, Chairman of the Commission on Standardization and Certification. This experience created a broad spectrum of professional contacts on national, ex-USSR countries and international levels in scientific, public and industrial circles.

In 1996 joined multinational engineering society Bureau Veritas headquartered in Paris, France and occupied a position of Black Sea Region Chief Executive covering Ukraine, Belarus, Moldova, Georgia and Armenia.

From the year 2000 started private consulting-engineering Group of companies Veritex® (www.veritexgroup.com.ua) which incorporates several entities dedicated to deliver broad spectrum of services including management consultancy, certification, technical expertise and inspection, quality and environment protection, financial management and assets valuation. During the last 20 years assets valuation gradually became a core services of the Veritex® Group of companies. Founder and co-owner of this group of companies occupying the position of the Group president.

Starting from 2019 – vice-president of leading VPO in Ukraine – Pan-Ukrainian Association of Valuation Specialists (PUAVS), a member of IVSC and World Association of Valuation Organizations (WAVO). Permanent national representative of PUAVS in the IVSC and WAVO. Main area of responsibility involves PUAVS international relation development. Through this activity and also relying on previous strong and broad international contacts keeps constant relations with VPOs of East European (Poland, Slovakia, Hungary, Bulgaria, Romania) and ex-USSR (Russia, Belarus, Kazakhstan, Uzbekistan, Georgia, Moldova, Baltic New States) countries as well as with other professional international circles in valuation and related areas.

In 2008 was invited and still occupy a position of professor of the Institute of International Relations of Taras Shevchenko National University of Kiev, Department of International Business. Author and co-author of 6 monographs, more than 100 international and national technical publications, several technical regulations and standards including those in the area of economy, risk assessment, assets and business valuation topics.

Javier is Director of Operations of VALAQ and a consultores since 2014. Both are specialized Valuation providers of AYALA & AYALA CONSULTORES Cia. Ltda. a consultancies firm based at Riobamba, a small size city in central part of Ecuador.

He has been responsible for IVS analysis and uses best practices into the valuation profession for the company as much as it has been possible within Ecuador´s jurisdictional legislation. As Director of Operations, has been responsible for setting up Operations for valuations performed under IVS for overseas customers and locally for Customers from Banking System.

The acknowledgement about the importance of reliable and consistent valuations for the financial and economic systems, as well as the consequent need for high quality regulations, has led him in 2016 to approach Ecuadorian governmental bodies and stock markets in order for it to consider the need of having reliable valuation consistent regulations.

Drew is a Managing Director at IJW & Co., a boutique investment bank headquartered in Montreal, Canada, with offices in Singapore, Hong Kong, the United States and Antigua. He is the firm’s Valuation Practice Leader and Director of Asian Operations. Drew possesses over 40 years of experience, having valued several thousand companies for business valuation, mergers and acquisitions, corporate finance and litigation support mandates on a global basis. He has testified as an expert witness in 38 matters before courts in Canada and the United States, arbitration panels and the Parliament of Canada.

Drew is recognized as one of North America’s pre-eminent valuators of professional sports franchises and properties. His valuation and transaction repertoire includes NHL, MLB, NBA, CFL, English Premier League, European and semi-professional sports teams, arenas, broadcasting and naming rights, and related intangible assets. Drew has given numerous interviews featured in international TV, radio and print media on valuation, financial and sports business matters. He has spoken at myriad conferences and authored many articles in professional publications on business valuation, litigation support and fraud-related topics during the past three decades.

Drew was elected to the Board of Trustees of The Appraisal Foundation for the 2013-2015 and 2016-2018 terms and to the Board of Directors of The CBV Institute from 2006-2009 (he was named a Fellow in 2018). He was named a Fellow of Royal Institution of Chartered Surveyors in 2013. Drew graduated with a Bachelor of Arts, Economics, from Dartmouth College. He obtained a dual MBA, Corporate Finance and Accounting, from Lubin Graduate School of Business, Pace University. He is a Canadian and US citizen and is fluent in English and French.

Board Member of MSRC in IVSC

Expert in China Appraisal Society for International Business;
Business Partner , Overseas Business Director in Shanghai Yin Xin Assets Appraisal CO.,LTD.
WAVO World Recognized Valuer, China Public Valuer, MBA.

Actively participated in the professional exchanges between IVSC and CAS, focused on the in-depth cooperation between internationalization and localization of China’s assessment, adhered to seeking common ground while reserving differences;

2018，Published thesis in Singapore on First IVSC-WAVO Conference. The speech thesis won the first “Best Paper Award” presented by the conference and CJ was the only winner of the only award presented by the First Global Assessment Conference;

Accepted the invitation of the world’s top 500 multinational companies for training on overseas M&A involving professional assessment matters.

Taken up cross-border M&A, IPO, equity transfer projects in purpose of business valuation, intangible assets, fixed assets and etc., Engaged in Overseas M&A project with rich experience for years, Worked well with a multi-cultural and diverse work force; Provided appraisal consulting project for Siemens, ThyssenKrupp, Boeing, Pfizer, Netherlands TNT, Intel, Infineon, Nikon, Fujitsu, GE, Johnson Controls Inc. and etc.;

Bernadette Gitari MBS, FRICS, MCIArb, MISK, RV and REA- Chartered Valuation Surveyor

Bernadette is a Fellow of Royal Institution of Chartered Surveyors and a Chartered Valuation Surveyor. She hold a BA Land Economics and MA Valuation and Property Management University of Nairobi and Diploma from College of Estate Management UK. She is also an RICS Accredited Mediator.

With over 40 years’ experience in the Land and Built environment, Bernadette has held key roles including Chairperson of a Taskforce Committee that developed the valuation standards in Kenya, a board member of the Valuer Registration Board, Chairperson of the Kenya Group of RICS from 2009 to 2015 and Director and Head of Valuations at Knight Frank Kenya. Additionally, she participated in the preparation and establishment of Guidelines for the valuation of conservation easements. Consequently, she is a consultant in Valuation of Conservation Easements in sub-Saharan Africa.

Bernadette was a Manager Partner Development and Public Affairs representing Sub Saharan Africa from 2019 t0 2023. Thereafter in 2024 she was appointed as a board member of RICS World Regional Board representing Middle East and Africa Region. Bernadette is a member of Membership, Standards and Recognition Committee of International Valuation Standards Council IVSC. She is passionate about promoting International Valuation Standards in Sub-Saharan Africa. Currently Bernadette hold the position of Member Tax Appeals Tribunal.

Mugisha Turyahikayo Allan is a Tangible and Business Valuation specialist operating in the East African region with particular bias to collateral appraisal for secured lending, corporate valuation for financial reporting and claims advisory for insurance settlement.

He is the Managing Partner of S-M Cathan and former Council Member and Honorary Secretary of the Institution of Surveyors in Uganda, 2007 to 2017. He is also an Advocate of the High Court of Uganda and a Registered Valuer with the Surveyors Registration Board in Uganda and the Institute of Real Property Valuers of Rwanda.

He is the Head of Programs Development at SREIDS East Africa, a regional Built Environment Professional Training School and is a Trustee on the Internationals Ethics Council representing Institution of Surveyors in Uganda.

Thomas Lee is a partner in KPMG’s Valuation Services team and is the national lead for the Financial Instruments practice.

With over 18 years of professional advisory experience, Thomas has prepared numerous valuation opinions for the purposes of merger and acquisition transactions, portfolio pricing, strategic planning, liquidations and divestitures, corporate tax structuring and financial reporting. Thomas also has extensive experience in validating pricing models and developing valuation policy frameworks for financial instruments at various investment funds, financial institutions and regulatory bodies.

Thomas has previously served on the professional practice and standards committee at the CICBV and has lectured on the topic of financial instruments to a number of academic and professional organizations.
Thomas has a degree in commerce and economics from the University of Toronto and has completed his FRM, CBV, CPA and ASA professional designations.

Ragveer Brar leads the Valuation & Controls Team at the Prudential Regulation Authority, part of the Bank of England. Raj is also a member of the ICAEW’s Valuation Group Committee.

Originally qualifying as a chartered accountant with PwC, Raj has also worked at HSBC, and Lehman Brothers before becoming a Technical Specialist in the Market Risk Team for the UK Financial Services Authority (FSA) in 2005.

Raj founded the FSA’s Valuations & Product Control Team to build the regulatory capacity to challenge firms’ valuations and controls, including the investigation of rogue trader incidents. Raj’s remit was expanded to include Internal Audit, and the general control environment around trading businesses, including Front Office controls, which lead to him taking up his current position. The prudential regulation function of the FSA transferred to the Bank of England in 2013 as part of changes to UK regulation.

Marcus Morton is a Managing Director in the London Office focusing on the Financial Services sector.

He has over 25 years of experience in Investment Banking, having started his career at Goldman Sachs in 1992. He is a multi-disciplined investment banking expert with significant expertise in all types of valuation opinions, operating models, risk management, cost transparency, control frameworks and compliance.

During his career Marcus has worked at several investment banks including Goldman Sachs, Nomura, J P Morgan and Barclays as well as spending several years as the Senior Risk Officer for a large investment fund. He has spent time working in London and New York as well as managing global teams across Europe, Asia and the Americas.

Most recently, Marcus was a director at KPMG where he developed a Brexit strategy for a regulated exchange, served as the interim chief of staff for the Compliance division of a global investment bank and developed a risk framework for an international brokerage.

Prior to that he spent almost 10 years at Barclays Investment Bank as Global Head of Credit Product Control, Global Head of Independent Valuations and later the deputy Chief Operating Officer for EMEA. As Head of Valuations Marcus was responsible developing valuations policy and governance for all types of financial products including equities, bonds, loans, credit and interest rate derivatives and structured finance. He was responsible for the approval of accounting treatment and representing Barclays to regulators in all global jurisdictions. He was also a member of the deal team that worked on the Lehman Brothers acquisition (with specific responsibility for the valuation of the acquisition balance sheet), the BGI disposal responsible for valuation issues and the LIBOR remediation program to implement the IOSCO guidelines for benchmark supervision.

Marcus received Joint Honours in Engineering and Business Studies from Warwick University in 1989.

Manish is a Partner with Grant Thornton in India and he leads the Valuation Services Practice of firm for south India.

He has over 17 years of experience in the area of valuation, research and corporate finance in global organizations. Manish has been involved in offering valuation consulting services for some of the large and reputed companies in various sectors including IT, Healthcare, manufacturing, financial services etc.

Manish has wide range of experience in valuations of different assets classes including businesses, equities, intangibles, ESOPs etc. He also has keen interest and specializes in valuation of complex financial instruments like convertible bonds, swaps, structured instruments etc. He has authored several publications and is a regular speaker on valuation related topics.

Manish is an MBA from MDI (Gurgaon), India and a Bachelor of Engineering (Mechanical). He is also a CFA (CFA institute, USA) and FRM (GARP, USA) and Diploma in IFRS.

Larry Levine is a Managing Director at Lincoln International LLC and provides valuation opinion and advisory services to companies and investment advisors. He advises a wide array of organizations regarding the valuation of financial instruments and general business valuation matters. He has significant experience valuing debt, equity and derivatives.

Larry is a thought leader on the topic of business valuation and corporate finance and has frequently published and lectured regarding a wide array of financial instrument valuation topics. In addition to his role at the IVSC, Larry is a member of the Business Valuation Resource Panel of The Appraisal Foundation and serves on the Standards Board for the Business Valuation Committee of the American Society of Appraisers.

He has a Master’s Degree in Business Administration from the University of Pennsylvania, Wharton Graduate School of Business and has ASA and CPA/ABV/CVFI professional designations.

Fernanda Díaz-Rodríguez joined the financial instruments board in December 2018 and is currently a member of the Independent Valuation Committee at the Mexican Stock Exchange (Valmer, Grupo BMV). She is a financial valuation specialist with a proven track record in complex and exotic valuation modeling, designing and delivering accurate valuation methodologies and regulatory compliance across multiple regions, incorporating risk valuation adjustments (XVAs) to Mark-to-Market and fair values while building business intelligence.

She has a Master Degree and an ongoing PhD in Quantitative Finance with more than 15 years of professional experience responsible for multi-million-dollar derivatives and commodities portfolios valuation and recognized for minimizing risks by solving, managing, and preventing valuation issues while expanding the exotic derivatives portfolio.

Among the positions she has performed are: Director of Valuation and Market Data at BBVA in Mexico, Quant of Fixed-Income Derivatives at Intermoney Valora in Spain, Trader of futures and commodities in the U.S. and Canadian markets, and Data Analyst of energy markets at the Mexican Energy Ministry. Currently, professor of Financial Instruments Valuation at the Mexican Stock Exchange (EBM, Grupo BMV) and Latam Committee Member of WILD, Women In Listed Derivatives.

Doug Summa is a former PwC Partner with over thirty-five years of experience advising clients on a spectrum of risk management and capital measurement issues related to trading activities. Mr. Summa has assisted numerous global financial institutions with the development of risk management frameworks and in the successful implementation and execution of a best-practices approach to management and measurement of market, credit and operational risk. He has extensive knowledge of the capital markets, cash and derivative products and related trading strategies. Mr. Summa’s clients have included a broad range of financial services companies including global and regional banks, insurance companies, mutual and hedge funds. He has advised clients on risk measurement and management techniques for market and credit risk, limit setting, valuation, risk and capital models, capital attribution and performance evaluation. He received his MBA and BA from Columbia University and is a board member of the International Association of Quantitative Finance.

Dr. Ma is a Managing Director and Head of Houlihan Lokey’s Portfolio Valuation & Fund Advisory Services practice, focusing on illiquid and complex securities valuation. She has over 20 years of extensive training, academic expertise, and hands-on experience in commodities, derivatives, securities, foreign exchange, fixed incomes, structured transactions, hedging strategies, and risk management issues. She is a member of the firm’s Technical Standards Committee and is also a member of the Standards Board of the International Valuation Standards Council (IVSC).

Since the start of the global credit crisis that began in July 2007, Dr. Ma has been focused on valuing illiquid securities, including asset-backed securities, collateralized debt obligations, collateralized loan obligations, mortgage derivatives, auction rate securities, distressed debt instruments, and private equity investments for financial reporting, transaction advisory, restructuring alternatives, and litigation support purposes.

On October 29, 2008, she served as a panelist in the Securities and Exchange Commission’s roundtable concerning mark-to-market accounting. Dr. Ma participated as the valuation expert, focusing on potential improvements to the current accounting model and implications of possible changes.

Dr. Ma joined Houlihan Lokey from NERA Economic Consulting, where she established and led the Employee Stock Options Valuation practice. Before that, she was a partner at Ernst & Young. She directed a number of significant litigation and dispute resolution projects related to derivatives valuation, securities trading, hedging, and risk management. She also advised the boards of directors of energy and financial companies on risk management, valuation, and corporate governance issues. For over five years, she traded derivatives and designed new risk management products for a global commodity firm.

Dr. Ma served as an adjunct professor at Columbia University, where she taught an MBA-level course in futures and options. She also developed several corporate training programs on the complex aspects of capital markets. Dr. Ma has qualified and testified as an expert witness in U.S. District Court, U.S. Bankruptcy Court, and arbitration and deposition proceedings. She has also worked as a consulting and testifying expert for the U.S. Securities and Exchange Commission.

Dr. Ma graduated from Columbia University’s Graduate School of Business with a Ph.D. in Finance and from Indiana University with highest distinction with a B.S. in Accounting. She holds the designation of Chartered Financial Analyst. She obtained her CPA license (now inactive) in the State of Colorado. She was also a member of the Financial Accounting Standards Board’s Option Valuation Group. Dr. Ma has published numerous articles on energy, derivatives, risk management, valuation, and corporate governance, and she is a frequent speaker at industry conferences and on academic panels. Her Ph.D. thesis addressed energy futures and options markets. She also co-authored a college textbook on futures and options.

Ben Ryan leads the Global Valuation Group at Bank of America, based in New York. Ben is responsible for valuation control across the Global Markets Trading businesses, with a focus on methodology, governance and consolidated reporting. Establishes valuation control policies and governance, as well as the development of price testing / valuation control infrastructure.

Ben has worked for Bank of America (including Merrill Lynch) for over 20 years in a number of Finance roles in both New York and London.

Ben is a member of the Chartered Institute of Management Accountants and has Business Studies degree from the University of Limerick.

Yann is the CEO at 73Strings and splits his time between London and Paris. He is responsible fordefining strategic initiatives for the operations, as well as overseeing key engagements and relationships.

He started his career with EY where he was Partner and head of Western Europe for the Valuation and business modelling practice. He then joined Duff & Phelps, opening the Paris, France office and being later appointed member of the Global Operating Committee and leader for entire operations of EMEA region (27 offices, and services including Valuation Advisory, Transfer Pricing and Portfolio Valuation, Corporate Finance, M&A and Restructuring, Disputes, and Compliance and Regulatory Consulting).

He has been involved and has led numerous strategic developments across EMEA including new products/services developments, recruitments of high-profile individuals, acquisitions and integrations, strengthening of offering to clients and cross services collaboration, and new offices/countries opening, amongst others.

Yann has been speaker at several leading industry forums on various financial advisory topics. He is also chairman of the IVSC Europe board. Yann holds an Engineering Master’s Degree from Ecole Centrale Paris (Paris Saclay), and a Certificate in AIin Business from MIT Sloan School of Management.

Member of the Steering Committee, HypZert GmbH Wolfgang Kälberer is a German lawyer who started his career in the late 1980-ies with HypoVereinbank in Munich in the international mortgage department. In 1996, he was appointed Head of the Brussels Office of the Association of German Pfandbrief Banks (vdp) for almost 24 years until 2019. As Head of EU Affairs, he dealt with all European aspects that were of relevance for German Pfandbrief Banks, covering primarily banking supervision, capital markets’ legislation, consumer policy and property valuation. He co-managed the vdp membership of the European Covered Bond Council and of the European Mortgage Federation (EMF). He chaired the Economic Affairs Committee of the EMF in charge of EU banking supervision. He has also been the delegate of the vdp in TEGoVA (The European Group of Valuers’ Associations). In this context, he was member of the European Valuation Standards Board, the editor of the European Valuation Standards 2016. At the end of 2019, Wolfgang retired from the vdp and became Member of the Steering Committee of HypZert GmbH with a focus on international property valuation issues. HypZert is the leading certification body for real estate valuers in Germany. Early 2020, Wolfgang was elected Member of the Europe Membership and Standards Recognition Board (Europe MSR Board) of the IVSC in order to reinforce the visibility of the IVSC and the application of IVS in Europe.

Thomas Dimopoulos holds a PhD from the Department of Civil Engineering & Geomatics of Cyprus University of Technology, an M.Eng. in Rural and Surveying Engineering from the Engineering School of Aristotle University of Thessalonica, and a MSc in Real Estate from Oxford Brookes University. He is the chairman of RICS Cyprus (Royal Institution of Chartered Surveyors) since 2017 and member of the board of the Association of Property Valuers in Cyprus. He was appointed at the European Board of IVSC (International Valuation Standards Council) in January 2020. Besides his work in several companies in Cyprus and abroad, he is the founder of AXIA Chartered Surveyors. He has also published several articles in the wider area of Real Estate. His research and publications have focused on property valuation methodologies, property taxation, geospatial data analysis and Mass Appraisals with the use of Artificial Intelligence and Machine Learning.

Dr. Olesya Perepechko joined the European Board of IVSC in January 2020.

She holds a PhD in business valuation from St. Petersburg State University of Economics and currently lectures at St. Petersburg Polytechnic University and Russian Presidential Academy of National Economy and Public Administration.

She has worked in the field of valuation activities for more than 17 years and is the founder and CEO of A-Finance Group, Ltd. providing valuation services.

Most of her work relates to business valuation and the valuation of intangible assets. She is a judicial valuation expert in courts and a member of the Scientific and Consulting Council of the Financial and Economic Judicial Experts Union.  She also plays an active role in the Russian Society of Appraisers.

She regularly presents lectures and master classes, and participates in conferences around the world as a speaker.

As an author, she has published numerous articles and monographs on valuation. She has developed the System of Economic Security of Intangible Assets Management (SESIAM) and a software product “ACC: Appraisal Cost of Companies”.

Karthik Balisagar is a Senior Managing Director at FTI Consulting and is based in London. He is a member of the Economic and Financial Consulting segment. He has 15 years’ experience in valuation and transaction consulting. At FTI Consulting, Karthik specialises in valuation issues in the context of international arbitration and litigation.

Over the years, Karthik has advised banks, private equity firms, institutional investors and corporates in both contentious and non-contentious valuation matters across various industries, including financial services, oil and gas, pharmaceuticals, mining and technology. Karthik has been appointed as an expert witness in numerous litigation and arbitration matters.

Karthik has prepared or assisted with the preparation of expert reports for submission to Singapore, UK, Dutch and EU courts, as well as in arbitrations under ICC, HKIAC, ICSID, UNCITRAL and LCIA rules. Karthik also regularly delivers training courses to law firms on the quantification of damages, valuation, and cross-examining of expert witnesses.

In non-contentious matters, Karthik has advised clients in valuing their equity portfolios, loan books and management incentive structures, as well as conducting purchase price allocations, impairment reviews and valuations related to M&A transactions.

Karthik was also part of the expert panel of valuers advising the Intellectual Property Office of Singapore with respect to policy on intellectual property valuation. He is currently a member of the International Valuation Standards Council (IVSC) Europe Board where he assists the board in setting and harmonising international valuation standards across jurisdictions.

Karthik is also currently helping the firm build the Latin American Economic Consulting practice. He holds a B.Sc. in Physics, Chemistry & Mathematics and an M.B.A.

Marc Broekema is a Managing Director at KROLL in Amsterdam and focuses on business valuation advisory, shareholder and commercial disputes, quantum of damages, and insolvency analyses.

Most of his work relates to valuation disputes and in that respect, he is predominately working as a valuation expert for law firms, courts, arbitration and expert committees, corporates, and professional investors. Furthermore, Marc is a lay judge at the Enterprise Division of the Court of Appeal of Amsterdam, and a member of the disciplinary council and council of appeal of the Dutch Association of Chartered Business Valuator (NiRV).

Marc received master’s degrees in economics and law from Tilburg University and Erasmus University and holds a PhD from Leiden University where he also is an assistant professor (UD) at the department of business studies of Leiden Law School.

Partner of Transaction Advisory Services and the partner responsible for Valuation in Spain. He has developed a relevant portfolio of transactions: preparation and analysis of feasibility plans, investment valuation and analysis, financial restructuring and refinancing processes, as well as the review of financial models. Member of the Global Valuation Executive Committee and the Valuation Committee for Europe, the Middle East and Africa.

Javier Zoido is a managing director and head of the Valuation Advisory and Fairness opinion practice in Iberia, based in the Madrid office. Javier also sits on Duff & Phelps’ EMEA Executive Committee. He has over 20 years of experience in valuation and corporate finance.

Prior to joining Duff & Phelps, Javier was at EY in the firm’s Corporate Finance practice. Javier first joined Duff & Phelps’ London office and later opened the firm’s Madrid office which now has over 100 employees.

Javier has performed valuations of business enterprises, financial assets, equity securities and intangible assets to assist clients in tax and financial planning and reporting, transaction advisory support, strategic planning and litigation support. He has completed over 1,000 valuations for clients in Europe, North America, Latin America, Africa and Asia, in different sectors such as telecom, food and beverage, industrial products, gaming, hospitality, oil and gas and healthcare.

He has published articles on valuation topics such as the impact of IFRS 3 on the financial statements of listed companies and on the implications of IFRS 16 in business valuations.

Javier received a master’s degree in finance from the Escuelas de Finanzas Aplicadas in Madrid and a bachelor’s in economics from the Universidad Complutense de Madrid. He is a member of the International Valuation Standards Council (IVSC) Europe Board, a Chartered Member of the Royal Institution of Chartered Surveyors (MRICS), qualified in Businesses and Intangible Assets.

Giampiero Bambagioni is an Urban Economist, with extensive experience on Sustainable lending, Real Estate finance, Evaluation, Sustainable investing. Giampiero holds positions in institutional bodies at national (Italian) and international level (UN).

Giampiero has been teaching at university level for many years in official courses and post-graduate masters; he is currently an adjunct professor in Appraisal and Economic Evaluation of Projects, at the Sapienza University of Rome; and lecturer of Urban Economics and Valuation in the post-graduate Master PolisMaker of the Politecnico di Milano University.

Giampiero has been appointed:
(i) Bureau Member (October 2019) of the United Nations-ECE Committee on Urban Development Housing and Land Management, Geneva
(ii) Vice President (April 2021) of the UNECE and LIUC Cattaneo University (Italy) Center of Excellence on Sustainable Finance for Infrastructure and Smart Cities.
(iii) Vice Chair (October 2020) of the United for Smart Sustainable Cities (U4SSC) | UN Initiative, Geneve.
(iv) Chair of the Technical Scientific Committee of Tecnoborsa Scpa (involving Italian institutions and national bodies representing the entire economic-professional-real estate chain – since 2000).
(v) Independent Director-CoB (since April 2020) of P&G SGR S.p.A, Rome – Independent Asset Management company (established on 2004).
Previously, he served as Chairman of the UN Economic Commission for Europe (UNECE) Real Estate Market Advisory Group (REM), Geneva.

Independent Advisor for relevant public and private Organizations at national and international level, Giampiero is the author or co-author of many articles and books, including «Sostenibilità del valore nel finanziamento immobiliare» (i.e. Sustainability of value in real estate financing – June 2021).
Since 2000 he has coordinated the working group that drafted the Codice delle Valutazioni Immobiliari – Italian Property Valuation Standard, in which the International Valuation Standards (IVS) have been implemented. In 2018 with the scientific direction of Giampiero the work reached its fifth edition.
Under his leadership has been elaborated – with the involvement of an international Task Force – the UN Policy Framework for Sustainable Real Estate Markets (UN publications, 2010 and 2019); (online)

Frank Bollmann is the Managing Director of Vossius & Partner, an IP law firm located in Munich, Germany. He has been providing valuation services for more than 20 years with a specific focus on valuing intangible assets and IP. Mr. Bollmann has worked in the USA, the Netherlands and Germany throughout his professional career. From 2008 to 2014 he served two full terms on the IVSC Standards Board culminating in the role of Vice Chairman and he represented the IVSC in the Consultative Advisory Group of the International Auditing and Assurance Standards Board (IAASB). Since 2020 he is a member of the IVSC Europe MSR Board.

Univ.-Prof. Dr. Klaus Rabel holds the Chair of Company Valuation and Value-based Management at the Karl Franzens University of Graz, is a certified public accountant and tax advisor, CVA (EACVA) and managing partner of Rabel & Partner GmbH Wirtschaftsprüfungs- und Steuerberatungsgesellschaft.

He is also a lecturer in the field of company valuation, deputy chairman of the Expert Senate for Business Administration of the Chamber of Tax Advisors and Auditors and head of the EACVA working group on company valuation.

As an author, he has published numerous specialist publications on company valuation and reorganisation tax law (to be found at https://www.rabelpartner.at/publikationen/).

Christian joined Jones Lang LaSalle in October 1998 as a graduate and has gained experience in a wide range of valuation areas. In October 2000 Christian joined Valuation Advisory and specialised in shopping centre valuations and transactional support in both the UK and also across Europe where he successfully established the Pan-EMEA retail valuation business since 2008. Christian leads the Pan-EMEA Valuation business and is responsible for a number of key valuation client mandates, developing and leading best practice across the EMEA Valuation business. Christian is directly responsible for developing expertise and best practice in shopping centre valuations and leads the EMEA Retail Valuation Group. Christian is a member of the IVSC European Board.

Wolfgang is Professor Emeritus at the University of Munich, Germany.

Professor Ballwieser received his Diploma in Business Administration at Goethe University 1974, Dr. rer. pol. 1977, habilitation with thesis on business valuation 1981. He has been Full Professor between 1982-92 at University of Hanover and, since 1992, at University of Munich. Professor Ballwieser received an Honorary Doctorate at University of Wuppertal in 2001. He has been an Ordinary Fellow of Bavarian Academy of Sciences and Humanities since 2003 and a Professor Emeritus since 2014.

Expert in hearings of Finance Ministry, Committee for Labour and Social Order, Finance Committee and Justice Committee of German Parliament.

Member of the Supervisory Boards of Deloitte GmbH and Deloitte Deutschland GmbH 1993-2022, Chairman since 2018.  Member of the Main Technical Committee of the Institute of Public Auditors 1993-1997, of the Expert Committee for Business Valuation and Business Administration and the Working Group Business Valuation of this Institute 1996-2014. Member of the Scientific Advisory Board of the Federal Network Agency for Electricity, Gas, Telecommunications, Post and Railway 2006-2015. Senior Advisor of ValueTrust Financial Advisors SE since 2014. Honorary Member of the European Association of Certified Valuators and Analysts (EACVA) since 2015.

Member of the Editorial Board of “European Accounting Review” 2001-2011. Representative of Germany in the Executive Committee of the European Accounting Association (EAA) 1996-2002 and President of the EAA 2000-2001. Vice President of the German Academic Association for Business Research 1997-98, Honorary Member of that Association since May 2018.

Professor Ballwieser is the author of many scientific books and articles on business valuation, financial reporting and auditing.

Takako Iwata, Japan CPA, is a Partner in Corporate Finance at KPMG Japan and a member of KPMG’s Global Valuations Committee. Takako has over 20 years’ experience in business valuation mainly for mergers and acquisitions and financial reporting purposes.

Prior to focusing on valuation services, Takako was involved in audit and financial due diligence work at Arthur Andersen.

Takako was a part-time lecturer at Waseda University Graduate School of Finance, Accounting and Law from 2013 to 2016.

Richard is a Partner in Corporate Value Advisory for PwC based in Sydney, Australia.

His professional qualifications include:

– Bachelor of Economics (Macq), Masters of Business Administration (UNE)
– Fellow of Institute of Chartered Accountants in Australia and the Society of Certified Practicing Accountants in Australia
– Business Valuation Specialist CAANZ
– Senior Fellow of the Financial Services Institute of Australasia (formerly the Securities Institute of Australia)
– Fellow of the Australian Institute of Company Directors
– Justice of the Peace, NSW, 1994
– Order of Australia Medal, 2015

During his career, Richard has worked in Sydney, Canberra, New York and London. Since 1996, Richard has specialised in financial advisory services providing expert advice in valuations, corporate advisory and mergers and acquisitions. He was admitted as a partner of the firm in July 2000.

In the course of his client work, he has also worked on projects in Zurich, Calgary, Madrid, Johannesburg, Kuala Lumpur, Singapore, Auckland, Jakarta, Port Moresby, Suva, Tokyo, Bangkok, South America and Shanghai.

Richard was Chair of the NSW Regional Council of the ICAA and was the founding and longstanding chair of the Business Valuation Special Interest Group of that Organisation. He also served on the ACT regional council.

Richard’s expertise in valuation and financial analysis has been recognised externally by his appointment as an Adjunct professor in this area in the Business School of the University of Technology, Sydney and also his membership of the Australian Valuation Standards Committee (previously Board).

Henk Oosterhout is Managing Director of QVO Values in The Netherlands, an independent valuation consultancy for quality value opinions.

Henk has been involved in valuation engagements covering a wide variety of industries, including technology, information, communication and entertainment, consumer products, industrial products, energy and financial services. His engagement highlights include performing purchase price allocations and goodwill impairment testing for large listed companies, regulation support for energy and telecom clients and analysis, strategy, funding and mergers and acquisitions (M&A)-driven support.

Prior to Duff & Phelps, Henk was a managing director at Standard & Poor’s Corporate Value Consulting in September 2003. His past experience includes valuation services and strategy/M&A consulting within the Corporate Finance group of PricewaterhouseCoopers where was responsible for setting up a sub-practice regarding valuations for financial reporting purposes. In addition, he ran the Telecom, Media and Technology industry team. Henk spent time teaching and researching corporate control and corporate governance topics. He was also an assistant professor of corporate finance at Tilburg University in the Netherlands and a visiting professor at the J.L. Kellogg Graduate School of Management at Northwestern University.

Henk received his M.B.A. in operations research/econometrics and his Ph.D. in corporate finance from Tilburg University in the Netherlands. Some of Henks published articles include:
Takeover barriers: the good, the bad, and the ugly, November 29, 1996, PhD. Thesis, Tilburg University
Corporate governance: wie neemt het voortouw?, February 1997, Het Financieele Dagblad
Chapter 5 in the book ‘Financiering en macht: van financiele structuur tot beheersstructuur’ edited by A.W.A Boot and P.A.
Verheyen, 1997, Kluwer Bedrijfsinformatie, 135-168
Discussie corporate governance – Tussen concurrentie en zeggenschap, March 1998, Zeggenschap, 45-47.
Achteruitkijkspiegel van bedrijf werkt anticiperend, May 2004, Het Financieele Dagblad .
Europa niet rijp voor ABN-verkoop, August 2007, Het Financieele Dagblad