Opteon National Government and Asset Services Manager, Phil Western, has been appointed to the Board of the International Valuation Standards Council (IVSC).
The IVSC is a globally recognised independent organisation that produces and implements universally accepted standards for the valuation of assets across the world. The IVSC consists of representatives from a wide range of sectors, including professional valuation institutes, global accounting firms, valuation practioners, standard setters, regulators and academia.
Western was nominated by the Australian Property Institute (API) for a three year term to the newly constituted Membership and Standards Recognition Board. The role of the Board is central to the recognition of International Valuation Standards (IVS) throughout the world and will play a key role in providing insight and strategic leadership in developing and helping implement a strategy for the recognition of IVS worldwide. There are eight international Board members with representatives from China, Japan, Britain, Canada, Singapore, Romania, Netherlands and Australia.
“My appointment coincides perfectly with Opteon’s Vision 2021 strategy for international growth and will provide significant exposure for the Opteon brand and the development of international opportunities.” He said. “I look forward to working closely with the Board to develop strategies to ensure that IVS provide the foundation, consistency and a quality approach to all valuations undertaken globally, regardless of category.”