ASA and Korea Association of Property Appraisers Sign MOU

By Sharon Reed

RESTON, VA — Officials from the American Society of Appraisers (ASA) and officials from the Korea Association of Property Appraisers (KAPA) signed a Memorandum of Understanding (MOU) on Tuesday, Nov. 13, 2018.

ASA officials present at the event were: Robert Morrison, International President; Lee Hackett, Interim Chief Executive Officer; Bonny Price, Chief Operating Officer; Joseph Noselli, Chief Financial Officer; Todd Paradis, Chief Strategy and Marketing Officer; and John Russell, Senior Director of Government Relations and Business Development.

Mr. Choi Kyung-Kwan, Executive Director, KAPA, and Mr. Jinwoo Jang, Team Manager, KAPA, traveled to ASA’s headquarters in Reston, VA to attend the event.

The meeting kicked off with a brief exchange of handshakes and exchanges of business cards, and staff introductions for the ASA officials in attendance. KAPA’s Executive Director Mr. Choi Kyung-Kwan then provided a brief introduction of KAPA and the roles of the attending representatives.

Next, a detailed overview of ASA was presented by Todd Paradis and other senior team leaders. The presentation covered ASA’s background information, mission, governance, structure, education/credentialing/membership programs, and strategic partners.

Following the presentation, KAPA representatives initiated a detailed Q&A about the U.S. appraisal profession, ASA’s role and opportunities for KAPA to partner with ASA to offer Gems & Jewelry and Business Valuation education in Korea.

The meeting closed with the signing of the MOU, a brief exchange of honorary gifts, photos and light refreshments.

“We were honored to have Mr. Jang and Mr. Kyung-Kwan visit our headquarters to sign the MOU,” said Robert Morrison, International President, ASA. “We look forward to a rewarding and mutually beneficial partnership with the Korea Association of Property Appraisers.”

Additional photos of the visit are available online.

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