The IVSC is pleased to announce the appointment of Singapore-based Deloitte Partner, Richard Hayler, to the Standards Review Board. Richard will join the board which is responsible for overseeing the work of IVSC’s technical standards’ boards, and for leading public consultations and engagement on the International Valuation Standards.
Richard is a Partner at Deloitte and serves as the Lead Partner for Disputes in South East Asia, specialising in valuation, financial and accounting issues in contentious matters and challenging commercial situations. Richard was previously a Senior Managing Director in FTI Consulting’s Economic and Financial Consulting division and member of the local subsidiary Board.
Commenting on the appointment, Chair of the Standards Review Board, Mark Zyla said:
“The Standards Review Board is pleased to welcome Richard and looks forward to drawing on his considerable experience, in particular his knowledge of the business valuation profession across the South East Asia region. Richard has a huge enthusiasm for developing global best practice and a drive which will surely help us advance IVS in this important part of the world. The Standards Review Board brings together international experts from all fields of valuation including tangible assets and financial instruments and Richard’s business valuation expertise will further enhance the collective knowledge of the group.”
Richard’s litigation and arbitration case experience includes the U.K. High Court, Singapore High Court, Singapore International Commercial Court, Tokyo District Court, Cayman Grand Court, Australian Federal Courts and various arbitral tribunals under ICC, LCIA, UNCITRAL and SIAC rules.
Based in Singapore, Richard has worked extensively throughout the region and was appointed to the Singapore International Mediation Centre’s first Panel of Experts for Accountancy. He has also sat on the Board of Directors of the Chartered Institute of Arbitrators in Singapore since 2012 and holds the office of Honorary Treasurer.
“The need for international valuation standards has been demonstrated time and again in major market crashes. The development and global adoption of a set of valuation standards embodying international best practices is a social good, in the public interest, that I am honored to support. The IVSC has already made huge strides with the support of world class experts from all corners of the globe, encouraging the diversity of thought and intellectual rigor required to help the valuation profession harmonize and evolve.” Richard Hayler