In order to continue its commitment to quality and responsible evaluation standards, the International Valuation Standards Council (IVSC) has appointed Manish Saxena, Partner, Valuation Advisory Services, Grant Thornton Bharat, to the prestigious Financial Instruments Board.
The IVSC has announced the appointment of four new members to the Financial Instruments Board, which is responsible for drafting and consulting on International Valuation Standards (IVS) for financial instruments.
On the occasion of this important appointment, Vishesh C. Chandiok, CEO of Grant Thornton Bharat, said: “Manish is among the best technical experts in the valuation of financial instruments. I am confident that he will bring a unique Indian perspective as well as an emerging market perspective to standard setting, helping them to become both relevant and universal.
Saxena specializes in the valuation of complex financial instruments, providing valuation advisory services to clients, as well as financial restructurings and litigation. CFA, Engineer and MBA, with a glowing professional record, Saxena has worked with Grant Thornton Bharat for over a decade. Over the past two decades, he has worked with several well-known brands across all industries.
Sharing her joy, Saxena said: “In an increasingly uncertain world, IVSC plays an important role in providing a consistent and objective valuation framework for all asset classes. Financial instruments are varied and increasingly complex. The standards developed by IVSC will help to give investors confidence in these instruments. I look forward to being a part of this company and contributing to the best of my ability. ”
The FIB was established in 2019 to bring together international leaders in valuation, banking and financial regulation to establish international, principle-based standards for the valuation of financial instruments. In addition to Saxena, current appointees are Larry Levine, Managing Director of Lincoln International LLC, Marcus Morton, Managing Director of Valuation Services, Duff & Phelps, and Stephanie Sparvero, Global Head of Evaluated Pricing Services at Bloomberg.