VRG’s Rajeev Shah Receives 2024 ASA Honorary Membership Award
New York, NY (October 3, 2024) – Valuation Research Global (VRG), a full-service, globally connected group that focuses on valuations and other value-related services, announced today that India-based member Rajeev R. Shah, Managing Director & CEO of RBSA Advisors LLP in Mumbai, India, has been honored with the prestigious 2024 Honorary Membership Award by the American Society of Appraisers (ASA). This award is a testament to Rajeev’s exceptional dedication, commitment, and contributions to the valuation profession.
The Honorary Membership Award is reserved for individuals who are not members of the ASA but have made substantial contributions to the appraisal profession or performed an unusual and valuable service for the Society. The Board of Governors of the ASA has recognized Rajeev for his significant impact and leadership in the field.
Shah has established a distinguished career in investment banking, transaction advisory, financial valuations, and business development since 2000. His expertise spans mergers and acquisitions, financial valuations, due diligence, and fundraising advisory. Rajeev is particularly renowned for his specializations in the valuation of real estate and plant & machinery, areas where he has consistently demonstrated exceptional skill and insight.
“I am deeply honored to receive this award from the American Society of Appraisers,” Shah said. “This recognition is a reflection of the hard work and dedication of my team at RBSA Advisors. Together, we have strived to uphold the highest standards of professionalism and integrity in the valuation industry. I am grateful for this acknowledgment and look forward to continuing our efforts to contribute to the global appraisal community.”
PJ Patel, executive leader of VRG and co-CEO of VRG’s founding U.S.-based group, VRC, expressed his congratulations for Shah’s achievements. “Rajeev’s contributions to the valuation profession are truly appreciated,” Patel stated. His leadership and expertise have not only elevated the standards of our affiliate partner group but have also had a profound impact on the broader international valuation community. We are proud to have Rajeev as a key member of our global team.”
The formal presentation of the Honorary Membership Award took place during the Annual International Awards Luncheon at the 2024 ASA International Conference last month.
About VRG
Valuation Research Global (VRG) is a globally connected group that delivers valuation, value-related, and advisory services to multinational firms engaging in cross-border transactions. Formed in 1995, its global network has been providing quality valuations and value-related services for the U.S. and international business communities. Among its member firms, it has nearly 1,500 professionals and an established reputation for providing expert and independent opinions of value for business enterprises, intangible assets, real estate, and personal property. Collectively, VRG professionals have served clients in more than 100 countries.
VRG’s international offices span five continents, with over 50 locations in North, South, and Central America, Europe, Asia, and Australia.
