The International Valuation Standards Council (IVSC) announced two new appointments to its Board of Trustees this moring. Malcolm Knight, non-executive Vice Chairman of Deutsche Bank and April Mackenzie, Global Head of Public Policy and external affairs for Grant Thornton International, will join the Board.
IVSC attempts to develop "robust and transparent" procedures for performing international valuations through a single set of globally recognized valuation standards. Michel Prada, chairman of the IVSC Board of Trustees, says the IVCS wanted April's experience in standard setting and understanding of the broader issues facing capital markets. And, "Malcolm is our first trustee from the banking sector and will therefore provide a new perspective to the Board’s work."