The International Valuation Standards Council (IVSC) would like to express its thanks and appreciation to a group of exceptional board members who have reached the end of their maximum two terms. These dedicated individuals have been instrumental in the development and promotion of the International Valuation Standards, and have played a vital role in supporting the IVSC’s mission to advance valuation in the public interest.
The departing board members are:
- Mark Zyla (Chair of the Standards Review Board, United States, Zyla Valuation Advisors)
- Ben Elder (Chair of the Tangible Assets Board, UK, RICS)
- Ahmad Sabry (member of the Standards Review Board, Saudi Arabia, Taqeem)
- Dirk Hennig (member of the Tangible Assets Board, Germany, PwC)
- Rengganis Kartomo (member of the Tangible Assets Board, Indonesia, KJPP Rengganis, Hamid & Partners)
- Bob Boulton (member of the Business Valuation Board, Canada, CBV Institute)
- Diana Nikolaeva (member of the Business Valuation Board, Bulgaria, EY)
From the inception of their respective boards, each of these outstanding professionals has made significant contributions to the IVSC, forging important connections with standards-setting and professional organisations around the world. Their tireless efforts have helped to promote consistency, transparency, and professionalism in the global valuation industry.
In addition, the IVSC would like to extend a warm thank you to the employers of these board members, whose endorsement and support have been crucial in allowing these board members to bring their invaluable expertise to the IVSC.
”The IVSC sincerely appreciates the incredible contributions made by each of these board members. Their collective wisdom, experience, and dedication to the development of IVS have been essential in advancing valuation professionalism across the globe. We offer our thanks to both them and their organisations for their service, and we hope they will continue to be involved in helping IVSC to advance the standards and the profession in other ways.
Nick TalbotIVSC Chief Executive
”We are truly grateful for the commitment and expertise of these board members, as well as the backing of their respective organisations. Their combined efforts have played a key role in shaping International Valuation Standards, and we can't thank them enough for their contributions.
Alistair DarlingIVSC Chair
Departing board members were thanked by IVSC Chief Executive, Nick Talbot, for their contribution to the development of the International Valuation Standards during the recent board meetings.
In April, the IVSC 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 for ‘data and inputs’ and explicit references to ‘ESG’ within the valuation process. An updated version of IVS is expected to be published in 2024.