People: KPMG Canada partner Thomas Lee will take over as chair of the Financial Instruments Board of the International Valuation Standards Council (IVSC), taking the reins from Gavin Francis (HSBC Holdings PLC), who steps down after three years in the role; Lee has over 20 years of experience in public practice and leads the KPMG Valuation Services’ Financial Instruments Team … Brian Schellinger, CPA, CVA, has been promoted to partner at Minnesota firm Schlenner Wenner & Co.; he’s in the firm’s St. Cloud office … Several valuation analysts and associates were recently added to the staff at Valuation Research Corp. (VRC): Nick Biasi (New York); Jack Curley, Manuja Patel, and Andrew Choi (Boston); Carrie Raymond (Chicago); Patrick Niederjohn (Cincinnati); Herwin Morales (Dallas); Katie Scott (Milwaukee); Pierre Barat, Matthew Kutz, Matthew Leo, Mandy Stone, and Shawn Smith (Princeton, N.J.); and Shan Wei and Keith Wong (San Francisco).

Firms: Kroll has launched a Valuation Advisory Services practice in Luxembourg led by Armand Kantar, CFA, as director … Atlanta-based Aprio LLP has acquired a division of the outsourcing firm The Back Room of Pampanga, Philippines, with plans to bring on 82 new professionals for its new subsidiary, Aprio Philippines; The Back Room specializes in outsourcing administrative, legal, marketing, and accounting professionals … Rochelle Park, N.J.-based global talent advisory firm ZRG has acquired RoseRyan of Newark, Calif., a firm that provides outsourced accounting for startups, corporate governance, interim solutions, and strategic projects such as IPO readiness, SEC reporting, financial planning and modeling, technical accounting, audit support, and M&A.

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