Institute of Automotive & Machinery Valuers Sri Lanka

HONEST, QUALITY WORK

PRESIDENT’S MESSAGE

Championing Excellence, Inspiring Success

I am thrilled to share with you a crucial development in the field of Automotive and Machinery valuations. The Institute of Automotive and Machinery Valuers (IAMV) has been tirelessly advocating for the establishment of an Independent Professional Body to address the pressing issues we have faced for far too long.

The absence of a proper monitoring mechanism, coupled with a lack of knowledge among certain unprofessional individuals, shortcomings in legal procedures, loopholes in the current valuer registration system, and complications in the existing market behavior have all contributed to the identified problem. It is imperative that we take action to mitigate the adverse effects on the financial sector and standardize ethical practices.

Therefore, IAMV firmly believes that the time has come to establish a National Body comprising independent experts from the industry. We propose the implementation of an academic path to become an Automotive and Machinery valuer, which will not only address concerns regarding ethics and professional behavior but also enhance the skillset of valuers.
This will minimize the risk of public funds being misappropriated and indirectly protect the stability of the economy.
By undertaking this diploma, you will not only be contributing to the betterment of our industry but also positioning yourself as a qualified professional in an increasingly competitive landscape. It is worth noting that many developed countries have also recognized the importance of high competency in this field and have established separate governing bodies for Automotive, Machinery, and Property Valuations. By following this diploma, you will be aligning yourself with global standards and paving the way for a successful career in the field.
I invite you to join us on this transformative journey.
By becoming part of IAMV’s Professional Diploma program, you will have the opportunity to make a difference, protect the stability of our economy, and establish a reputation for excellence in Automotive and Machinery valuations
Together, let us shape the future of our industry and leave a lasting impact.Found

FOUNDERS

Guiding Vision & Driving Success

Mr.W.Isuru Senaratne

20 Years Service Experience in Valuation, Safety & Credit Management.FRICS, Chartered Valuation Surveyor, FICM,FIAMV, MIAEng.,MNIOSH(SL),CAE,MIMI, MRICS (UK)

Mr.Deshan De Silva

FIA Automobile Valuer for over 28 years (A.M.I.M.I) UK, (A.M.I.A.E) SL Motor engineering Dip (SL S.T.C), Scrutineer (Motor Sport Australia)

Mr.S.Godwin Yapa

Overseas Training – Mazda Motor Corporation Japan, Volkswagen GA Malaysia, Hino MotorsJapan,. AOTS – Japan,Member Of institute Of Automotive Engineers Sri Lanka since 1994

Mr.W.A.Priyantha Elson

Over 10 years of experience as a motor assessor, City & Guilds Dip for Automobile Engineering, Member of the Institute of Automotive Engineers Sri Lanka,

Mr. S.Karunarathna

Mr.Ajith Jayasinghe

HISTORY

Forging a Legacy, Shaping Tomorrow

The Institute of Automotive and Machinery Valuers Lanka (IAVML) was created with many goals and aspirations. Mainly, to create a body of independent and unbiased professionals who are knowledgeable in all aspects of Automotive and Machinery valuations. It is envisaged that through this body a uniform knowledge base, professional ethics and practices will be disseminated to everyone in the institution.

Guidance and professionalism in the creation of a stable economic environment for the vehicle market is one of the many aspirations of the institution.

The leadership of the group is dedicated and determined to bring fresh and young personnel into the field to ensure its continued growth and expansion. It is planned that the vast knowledge and skill that is available now will be made available to the public and governing bodies in the very near future.

In the past almost all valuers were subjected to ridicule and got un-professional pressures from organizations who sought to make indecent profits and mislead innocent people. The conduct of this organized mafia like group is now toothless. The direct and indirect people of more than 5000 in this industry is now with leadership and thriving and will not be left helpless by groups or persons with personalized agendas.

OBJECTIVES

Applying acquired knowledge in problem-based exercises in real life industrial projects.

Ensuring the relevant degree coursework and training programmes conducted according to the expectations of the industry.

To ensure the subject contents are relevant and up to date.

Providing an opportunity for the industry to identify potential employees and to feedback comments on the degree programme at large.

Providing opportunity for students to acquire practical skills and experience working on projects alongside industry experts

Providing an opportunity for students to acquire interpersonal skills and ability for team work through interaction with professionals in their field of study.

Learning about ethics in the industry.

Learning accepted safety practices in the industry

CORE VALUES

Act with Integrity

We strive to act with integrity by consistently demonstrating honesty, ethics, and moral principles in our actions and decision-making processes

Independent

As members, we value our independence and possess the ability to think critically, make autonomous decisions, and take responsibility for our work without undue reliance on others

Good quality and diligent service

We are committed to providing good-quality and diligent service to our clients. We strive to deliver high-quality and thorough service, paying attention to detail and making a commitment to meet or exceed client expectations.

Professional competence

We understand the importance of professional competence and continually work to develop and maintain our knowledge, skills, and expertise. By doing so, we ensure that we can effectively perform our duties and stay up-to-date with industry advancements.

Good citizenship

We believe in being good citizens and actively contribute to the well-being of our community, both professionally and personally. We participate in social and environmental initiatives and strive to promote positive change.

Act in public interest

In all our endeavors, we prioritize the public interest. We work towards creating a positive impact on society as a whole, take responsibility for their actions and act to prevent harm and maintain public confidence in the profession.