Forvis Mazars’ Dr Reem Al-Araj champions valuation quality in her latest appointment to IVSC board
Under this appointment, Dr Reem Al-Araj focuses on introducing valuation standards into the Jordanian and Iraqi markets as Vice Chair of the IVSC’s MEA board. A champion and advocate of international valuation standards, quality and professionalism, Dr Reem Al-Araj engages with stakeholders across the valuation ecosystem to advance best practice.
Commenting on the appointment, Jo Connolly, Group Chief Quality & Risk Officer and Executive Committee Member, said: “Dr Al-Araj’s new appointment is a testament to her experience and the trust the industry and policy makers place in her valuation quality expertise. This is another example of our global team’s commitment to industry standards and excellence beyond the desk.”
Dr Reem Al-Araj has been at Forvis Mazars for over five years. Drawing from her knowledge and reputation as an expert examiner of complex business cases, she has over 25 years of experience in accounting and auditing, holds a PhD in the field and taught the subject at local universities.
Dr Reem Al-Araj, Country Leader in Jordan, added: “As key drivers of economic prosperity, quality valuations contribute to market stability. Being appointed to support these international standards at the IVSC board as Vice Chair of MEA is a real honour and a testament to the collaboration and dedication of our team. I look forward to championing the adoption of these standards across the Jordanian and Iraqi markets as well as the general region so they can play a meaningful role in strengthening investor confidence and supporting sustainable economic growth.”
Setting the global standards for the valuation profession, the IVSC enhances the quality and credibility of valuation practices worldwide. To support global implementation, 100+ leading experts from 50+ countries make up the IVSC board, which comprises of former finance ministers, renowned financial and securities regulators, leaders of valuation professional organisations, standard setting authorities and international experts.
Read IVSC’s announcement of Dr Reem Al-Araj’s appointment here.
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Rosa Mejia Banks, Group PR and Content Officer
Rosa.Mejia-Banks@mazars.co.uk / +44 (0) 20 7063 4934
About Forvis Mazars
Forvis Mazars is a leading global professional services network. The network operates under a single brand worldwide, with just two members: Forvis Mazars Group SC, an internationally integrated partnership operating in over 100 countries and territories, and Forvis Mazars LLP in the United States. Both member firms share a commitment to providing an unmatched client experience, delivering audit & assurance, tax and advisory services around the world. Together, our strategic vision strives to move our clients, people, industry and communities forward.
Find out more at forvismazars.com.
About the IVSC
The International Valuation Standards Council (IVSC) is the independent, not-for-profit global standard setter for valuation. Its mission is to develop and promote International Valuation Standards (IVS), supporting consistency, transparency and confidence in valuations across markets and jurisdictions.
IVS provide a principles-based framework for the valuation of assets and liabilities, including businesses and business interests, intangible assets, financial instruments, plant, equipment and infrastructure, and real property. Developed through open consultation and collaboration with valuation professionals, regulators, investors, standard setters, academics and other stakeholders, IVS are designed to serve the public interest and strengthen trust in financial and economic decision-making.
The IVSC works with Valuation Professional Organisations, firms, public authorities, investors and international institutions around the world to advance professionalism in valuation and support the adoption and implementation of high-quality valuation standards globally.