Valuation Assurance Committee

Victor Olowe

Independent Chair

Victor Olowe is a governance consultant, board reviewer and a former Chief Executive of the Council for Licensed Conveyancers with expertise in professional regulation, consumer protection, quality assurance and board governance. Victor is currently a Non-Executive Director/Member in a number of organisations related to regulation and raising professional and industry standards, including: • Chair of the Quality Assurance Scheme Committee at the Institute and Faculty of Actuaries • Chair of the CGMA Examination Board at CIMA/AICPA • Chair of Water UK’s Independent Sewerage and Water Adoption Panels • Vice Chair of Morley College London. Victor was appointed Chair in August 2024.

Amrita Aurora

Amrita is an accomplished Board Advisor and financial services Director in Governance, Risk and Transformation with experience in products ranging from payments, travel, banking and health insurance. With professional and lived experiences in Asia, North America and the UK, Amrita has driven strategic, operational and regulatory transformation across diverse functions, cultures and jurisdictions. In addition to a long career at American Express, Amrita held leadership roles at AXA and through the consulting firm Protiviti. Amrita is a Trustee on the Board of Girlguiding in the UK and a member of their Audit and Risk Committee. For her passion for diversity and inclusion, Amrita has been ranked as one of the top 5 Diversity Champions in the UK.

Iain Ritchie

Iain Ritchie is a Chartered Surveyor, having been a member since 2003. Iain is Global Director of Risk & Compliance within the Value and Risk Advisory business of JLL where he is an advocate of ensuring that best practices are embedded within the organisation. His global role promotes consistency across geographies on all Risk & Compliance Matters. Previously Iain was Head of Valuation and Insurance at Dubai based conglomerate Majid Al Futtaim (MAF). During his time at MAF, Iain managed the valuation of a multi-billion-dollar portfolio of international investment assets and development projects. The role involved the adoption of the highest international valuation standards, portfolio risk monitoring, providing asset management advice and performing due diligence on new acquisitions and projects. Earlier in his career, Iain was Head of Valuation at CBRE Middle East where he worked on many high-profile instructions including iconic leisure projects, IPO’s and large government portfolios. Iain has been involved with RICS throughout his career including being a Board Member of the UAE National Association and Chair of the APC Middle East Appeals Panel.

Peter Jacob

Since 2018, Peter has led the London Valuation Advisory team at BNP Paribas Real Estate and is responsible for valuations of commercial property throughout the UK, but with a particular focus on Greater London. His client base has facilitated providing Red Book valuations for audited accounts, acquisitions / disposals, tax, disputes and secured lending purposes. His day-to-day role encapsulates engagements for all major banks and building societies, as well as private equity firms, re-structuring professionals, property companies and institutions. Peter has considerable experience in every commercial sector, particularly office, industrial and retail property with an emphasis on large Central London assets, portfolios and logistics warehousing. He holds a Master of Science in both Geography from the University of Bristol and Real Estate from the University of Reading, and away from surveying acts as Vice-Chair to the Board of Trustees for a regional branch of the UK charity, Home-Start.

Trevor Barratt

Trevor has over 25 years’ experience as a senior executive in governance and risk management, with most of this time spent in retail and commercial banking. For several years he was the Head of Strategic Risk for Lloyds Bank Plc, working within the Group Risk function, and subsequently he became the Chief Risk Officer of Charities Aid Foundation Bank, before moving to Duncan Lawrie Private Banking Group as an Executive Director. He was an Independent Non-Executive Director (iNED) of a private bank, with an international clientele and as an iNED Chaired the Risk Committee at Monmouthshire Building Society until he completed the maximum 9 year tenure at the end of 2024. Skills and Experience - With extensive experience across both small and large entities, Trevor is a specialist in risk management. He is a Fellow of the International Compliance Association. He also holds the FT Advanced NED Diploma. An Associate of the Chartered Institute of Financial Services, Trevor holds a Master of Business Administration (MBA).

Richard Thorpe

Richard Thorpe is a chartered accountant who worked for over thirty-five years in financial services regulation and global standard-setting, at the Financial Services Authority, Financial Stability Board (at the Bank for International Settlement in Basel) and at the IFRS Foundation. Richard has been a member of and chaired national, regional and global boards and working parties that have developed standards, codes and guidance for accounting, auditing and prudential regulation of banks, insurers and financial intermediaries. He also helped to develop the TCFD’s framework of public disclosure standards for global companies that has been adopted by the International Sustainability Standards Board. He is currently a member of the Nominating Committee of the Public Interest Oversight Board that appoints members of the International Auditing and Assurance Board and International Ethical Standards Board for Accountants and a member of the ICAEW Regulatory Board as well as being a local councillor in the Royal Borough of Kingston upon Thames.

Brian Roxburgh

Brian has had a successful career in Banking, specialising in Real Estate Finance (REF) since 1992 with a number of lending institutions. After spells with Lloyds, Nationwide and RBS (1983-2006), Brian moved to HSBC from 2006 to 2022 initially leading their REF teams in Manchester and Leeds (2006-2013). In 2013 Brian moved to Hong Kong to head the HSBC Asia Pac REF business, covering the key markets of Hong Kong, Singapore, and mainland China. Returning to the UK, in 2016, he was appointed Head of HSBC REF for Continental Europe, covering France, Germany, NL and Poland. In 2022 in a move away from Banking, Brian joined the Government Agency, Homes England, as Lead Loan Origination, a national role originating new lending across residential and regeneration projects. At Homes England he also led a number of Lending Alliance projects with Banks/Funds, from concept to launch. Brian is ACIB qualified and has a Masters Degree in Management from UWE, Strong interpersonal skills coupled with a passion for achievement Brian has broad real estate lending technical, risk and regulatory knowledge across a number of jurisdictions. He has a strong track record as a strategic leader in complex global organisations.

Marina Petrova, MRICS

Marina Petrova has over 10 years of experience in property advisory. With her career beginning in state valuer`s certification in Bulgaria, becoming a Chartered Valuation Surveyor in 2018. She has an extensive background, being mentored in RICS regulated companies and by qualified members. Prior to her current occupation as Head of Commercial Assets Valuation in UAE, she worked in Eurobank and institutional asset management divisions. She was part of a teams who led projects in risk management, portfolio assessment and acquisitions, and the integration of PropTech within real estate, leveraging her extensive corporate expertise to enhance valuation consulting services in the UAE. Marina has developed a diverse skill set encompassing technical, financial, and reporting expertise, along with a strong grasp of legal aspects and in-depth knowledge of valuation process management. Marina has initiated collateral valuation procedure establishment in Piraeus Bank & Eurobank international divisions, managed projects consisting of asset quality reviews. She took part in mergers and acquisitions due diligence, international asset portfolios rating and evaluations. Since 2024, Marina has been a member of Emirates Green Building Council.

Dermot Charleson

Dermot Charleson is a Chartered Surveyor with almost 40 years of professional experience. He is Director and founder of Star Advisors, an independent valuation assurance consultant to practitioners and users of valuations. This role gives him wide exposure to the valuation community and deep insight into the compliance challenges facing the profession. Dermot has a degree in Urban Land Economics and he began his career with Fletcher King in London. He has held senior roles in valuation both in the UK and internationally. He set up JLL’s commercial valuation division in Spain in the 1990s, which he headed for 6 years. Dermot has been a European Director at JLL where he led the EMEA Valuation team, delivering valuation services across multiple jurisdictions for investors, lending institutions, corporates and public bodies. He has been a member of valuation boards in the UK and Spain during his career. He is committed to fostering integrity within the profession and has held governance roles on valuation activity across the EMEA region. He has a strong grasp of the complexity of setting professional standards, having worked as a consultant to RICS on Red Book and IVS compliance of Registered Valuers and Regulated firms in the both the UK and continental Europe.