IVSC is pleased to announce the appointment of seven new members to its Business Valuation Board (BVB). The appointments come as part of the IVSC’s ongoing efforts to broaden the Board’s geographic field of expertise and enhance its collective skillset.
Business and intangible asset valuation play a critical role in today’s global economy, as these assets often make up the majority of a company’s value. As such, it is crucial that these valuations are performed in a consistent and transparent manner, in line with international standards. The BVB is responsible for developing these standards and ensuring that they remain relevant and up-to-date.
The new appointees bring a wealth of experience from a range of fields, including M&A, financial reporting, and standard setting. They are prominent in their areas of expertise and include global valuation leaders in professional bodies, global investors, and multinational firms.
”We are very pleased to welcome these talented individuals to the Business Valuation Board. Their appointment will enhance the board's ability to provide robust and independent guidance on business valuation practices and to ensure that the IVS continue to set the benchmark for valuation practice around the world.
Richard Stewart OAMChair, IVSC Business Valuation Board
The new board members are: Srividya Gopal (South East Asia Leader and Chair APAC Management Committee, Kroll, Singapore), Vikarth Kumar (Partner, Grant Thornton Bharat LLP, India), Catalina Miranda (Vice President, Regulatory & Standards, CBV Institute, Canada), Elena Moisei (Senior Manager, EY, Luxembourg), Dan Peckham (Global Valuation Technical Leader, Deloitte, United States), Kevin Prall (Managing Director, EY, United States), Emily Tse (Managing Director, Valuation, Canada Pension Plan Investment Board, Canada). They will take up their roles on the BVB from 1 April 2023 on an initial three-year term.
Srividya Gopal
Vikarth Kumar
Catalina Miranda
Elena Moisei
Dan Peckham
Kevin Prall
Emily Tse
The IVSC is committed to fostering the development of high-quality, transparent, and ethical valuation practices. The appointment of these new experts to the BVB is a testament to the IVSC’s continued commitment to this mission.
In April, the SRB will publish an Exposure Draft outlining proposed updates to the International Valuation Standards. The consultation, which will run for 12-weeks, will seek feedback on changes including new standards on ‘data and inputs’ and explicit references to ‘ESG’ within the valuation process. An updated version of IVS is expected to be published in 2024.