Welcome to IVSC Asia

Building trust in valuation across the region

The IVSC's first base outside Europe, established in Singapore to advance International Valuation Standards and the valuation profession throughout Asia.

SingaporeEstablished July 2022First IVSC office outside Europe

A regional home for global valuation standards

In July 2022 the IVSC opened its Singapore office, its first base outside Europe, underlining Asia's growing prominence in the valuation profession worldwide. The office brings the work of the global standard-setter closer to the region's valuers, regulators and businesses.

From Singapore, IVSC Asia provides technical expertise to refine International Valuation Standards (IVS), fosters collaboration with financial regulators and professional organisations across the region, and convenes the conversations that build confidence in valuation.

Panel discussion at the IVSC Asia office launch in Singapore, July 2022
IVSC Asia office launch, Singapore, July 2022

Asia is the fastest-growing region in the world

As capital, trade and investment deepen across ASEAN, the Gulf and the wider RCEP bloc, consistent and trusted valuation has never mattered more.

60%of the world's population lives across the Asian region
4 of 5fastest-growing economies by 2030: China, India, Indonesia & Vietnam
48countries engaged through ASEAN, the GCC and RCEP platforms
RCEPthe world's largest trading bloc, covering nearly half of global output

The work of the Asia office

Four priorities guide our engagement across the region.

Strengthen the standards

Provide technical expertise and regional perspective to refine and advance the International Valuation Standards (IVS).

Build partnerships

Foster collaboration with financial regulators, professional bodies and qualifying organisations throughout Asia.

Convene the region

Organise regional events, roundtables and an annual programme that bring the valuation community together.

Engage governments

Work with governments and regulators on the implementation and adoption of International Valuation Standards.

Nicolas Konialidis, Director of IVSC Asia
Nicolas Konialidis, Director, IVSC Asia

Leading IVSC's work across Asia

Nicolas Konialidis serves as Director of IVSC Asia. From the Singapore office he leads the region's activities: fostering Asia-wide dialogue on valuation, organising thought-leadership events, and engaging governments and regulators on the adoption of International Valuation Standards.

Based in Singapore, the Asia office team is the first point of contact for members, sponsors, regulators and valuation professionals across the region. We would be glad to hear from you.

Nicolas Konialidis
Director, IVSC Asia
nkonialidis@ivsc.org
Cleo Tan
Institutional Relationships Manager
cleo.tan@ivsc.org
Janine Ong
External Affairs Manager
jong@ivsc.org

The IVSC Asia Committee

Senior valuation professionals, regulators and thought leaders from across the region guide our work and champion the adoption of International Valuation Standards throughout Asia.

Dr. R.M. Marty M. Natalegawa, Chair of the IVSC Asia Committee
Chair of the Committee

Dr. R.M. Marty M. Natalegawa

Former Foreign Minister of Indonesia (2009–2014) and member of the UN Secretary-General's High-Level Advisory Board on Mediation.

Indonesia
Ahmad Zubir Zahid
Ahmad Zubir Zahid
Managing Partner, Value Advisors PLT
Malaysia
Andre Toh
Andre Toh
Asia Pacific Leader, Valuation, Modelling & Economics, EY
Singapore
Atsuo Watanabe
Atsuo Watanabe
Financial Advisor, M&A, Valuation & Private Equity
Japan
Jason Doan Thuan Hai
Jason Doan Thuan Hai
Head of Business Valuation & Advisory, SE Asia, Savills
Singapore
Karthik Balisagar
Karthik Balisagar
Senior Managing Director, FTI Consulting
United Kingdom
Lei Chen
Lei Chen
Professor & Vice Dean, Capital University of Economics and Business
China
Roger Loh Kit Seng
Roger Loh Kit Seng
Director of Financial Advisory, Forvis Mazars Malaysia
Malaysia
Saurabh Gupta
Saurabh Gupta
Managing Director, AaRVF
India
Teodoro Kalaw IV
Teodoro Kalaw IV
President, Institute of Philippine Real Estate Appraisers (IPREA)
The Philippines
Zhu Jun
Zhu Jun
Doctor of Economics; Certified Public Valuer (CPV)
China

Events & milestones

From standard-setting dialogue with governments to flagship conferences, IVSC Asia is active across the region.

April 2024Shanghai

CAS-IVSC International Valuation Conference

Hosted at the Shanghai National Accounting Institute, convening valuation leaders from across China and beyond.

CAS-IVSC International Valuation Conference in Shanghai
December 2023Vietnam

Vietnam Ministry of Finance discussions

Working towards aligning national valuation practices with International Valuation Standards.

IVSC Asia meeting with Vietnam's Ministry of Finance
November 2023Singapore

Law Society of Singapore collaboration

Enhancing the quality and credibility of valuation in legal and dispute contexts.

IVSC Asia with the Law Society of Singapore
October 2023Delhi

V20 Valuation Summit & Conference

Hosted by AaRVF in Delhi, India. A major gathering of the regional valuation profession.

V20 Valuation Summit and Conference in Delhi
2023Singapore

IVAS-IVSC Business Valuation Conference

A flagship business valuation conference featuring keynote speaker Mrs Lim Hwee Hua.

IVAS-IVSC Business Valuation Conference 2023
May 2023Seoul

Land & Property Valuation Learning Week

A World Bank event in Seoul, Korea, advancing valuation capability across the region.

World Bank Land and Property Valuation Learning Week in Seoul

The IVSC Asia launch

Officially launched on 6 July 2022 at Revenue House by Ms Indranee Rajah, Minister in the Prime Minister's Office and Second Minister for Finance and National Development, before some 100 senior valuation, business and finance leaders.

The International Valuation Standards Council chose Singapore as its first base outside Europe — a decision that underlined Asia's growing weight in the global valuation profession and Singapore's standing as a hub for business, intangible-asset and real-estate valuation. Located at Revenue House, the office was opened as part of the Singapore IP Strategy 2030.

Opening the office, Minister Indranee Rajah described it as "a testament to the strong partnership forged between Singapore and IVSC over the years" and "a new milestone in Singapore's growth as an Intangible Assets hub." Second Minister for Law Edwin Tong SC and IVSC Vice Chair Mrs Lim Hwee Hua — Singapore's former Second Minister for Finance — also spoke to the office's role in raising valuation standards across the region.

The launch drew strong public- and private-sector backing — from the Singapore Accountancy Commission, the Intellectual Property Office of Singapore and the Economic Development Board, alongside DBS, UOB, OCBC, Sea, Deloitte, EY, KPMG and PwC. It builds on a 2016 APEC Finance Ministers' mandate for IVSC to deepen regional cooperation through the use of IVS, and anchors the body's standard-setting input, thought leadership and professional qualifications — such as the Chartered Valuer and Appraiser (CVA) programme — across Asia.

Official coverage: IPOS media release · Minister Indranee Rajah's speech · IVSC press release

Keynote address by Ms Indranee Rajah at the IVSC Asia launch, 6 July 2022.

ValuAsia Connect

The webinar series

ValuAsia Connect brings regional and global experts together on the valuation topics shaping the profession, from intangibles and ESG to renewable energy and the IVS 2028 exposure draft.

ValuAsia Connect webinar on valuing intangible assets

Valuing Intangible Assets

ValuAsia Connect webinar on ESG

Environmental, Social & Governance

ValuAsia Connect webinar on valuing renewable energy assets

Valuing Renewable Energy Assets

ValuAsia Connect webinar on the IVS 2028 exposure draft

IVS 2028 Exposure Draft perspectives

A growing network

IVSC Asia is built on the support of founding sponsors and a growing community of member organisations across Asia, the Middle East and Africa.

Founding sponsors
Economic Development Board
VEPREV
IPOS
Institute of Valuers and Appraisers Singapore
DBS Bank
OCBC
Sea Limited
United Overseas Bank
Member organisations
Deloitte
EY
PwC
J.S. Held
S&P Global
IVAS
Oxane Partners
Minds Capital
KIB
Al Jal
AWED
C+J Valuers
34 Real Estate Valuation
CHFT Advisory
JZ Shanghai
KNAV CPA
Universitas Sumatera Utara
Dong Zhou

Voices from the region

Establishing international valuation standards provides an important guide for valuation professionals worldwide.

Ms Indranee Rajah
Minister, Singapore

The IVSC has chosen to partner Singapore in setting up its Asia office, supporting the development of the region's business and financing ecosystem.

Edwin Tong SC
Minister, Singapore

Increased adoption of IVS in Asia will provide greater consistency, which in turn can build trust.

Keoy Soo Earn
Deloitte Southeast Asia

Proximity means closer working together and better consideration of Asian perspectives.

Marcus Lam
PwC Singapore

Having an IVSC office in Asia underlines the importance of APAC in the global valuation arena.

Srividya Gopal
Kroll

The office represents a major milestone for the promulgation of International Valuation Standards and professional adherence.

KK Chiu
Cushman & Wakefield / HKIS

A tremendous boost to the broader ecosystem we have been developing, a strategic linkage for the profession.

Harsha Basnayake
EY

A bold step acknowledging South East Asia and Asia's valuation expertise, and greater traction in this region.

Prem Kumar
RICS Southeast Asia

A significant milestone for the global valuation community, the first IVSC base outside Europe.

Terence Quek
Singapore Institute of Directors

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

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