The International Valuation Standards Council (IVSC) has announced new appointments to its boards, following its 2011 AGM which took place in Hong Kong on 5 November.

Frank Vettese, incoming managing partner & chief executive, Deloitte Canada, and a member of the Deloitte Global executive committee, has been elected to the IVSC's board of trustees. Vettese is a member of the Canadian Institute of Chartered Business Valuators, the American Society of Appraisers and the Canadian Institute of Chartered Accountants.

He is joined at IVSC by a new IVSC Trustee Akihiro Watanabe.

Watanabe is founding partner of GCA and of its predecessor company, Global Corporate Advisory. He has over 25 years of experience in providing M&A advisory services both in Japan and overseas.

The IVSC board of trustees has also appointed new members to the IVSC's technical boards. The appointees are Cindy Ma, managing director and co-head of the portfolio valuation practice, Houlihan Lokey, New York; Chris Mercer, founder and CEO, Mercer Capital Management, Texas; and, professor Nick French, department of real estate and construction, Oxford Brookes University, UK..

Greg Forsythe, director in the valuation practice of Deloitte Financial Advisory Services, will move from vice-chair to chair of the professional board. Roy Farthing, valuation and business modelling partner, Ernst & Young, Australia, will become the new vice-chair.