Valery has been involved in forensic work in the UK, Russia and in the CIS region in different industries over the last 10 years and has over 20 years’ professional experience. He has been appointed as an expert on many occasions and has also given evidence in international arbitration proceedings.
Valery led the forensic dispute work of a Big Four firm in the CIS region before joining Haberman Ilett in 2014 to establish and grow its capabilities in relation to disputes in Russia and the CIS region.
Valery has led many forensic engagements preparing expert witness reports and calculations for courts and in arbitration proceedings. He has given evidence in LCIA, SCC and ICSID cases.
Valery has dealt with damage claims and transaction related disputes with values in excess of US$ billions, including in industries such as oil and gas, mining, metallurgy, banking and finance, electricity, manufacturing, retail, insurance and reinsurance, automotive, aviation, construction, real estate, pharmaceutical, distribution and others. His cases have involved the quantification of damages including through valuation, reporting on alleged fraud transactions and asset misappropriation, advising clients on audit and accounting issues relevant to legal proceedings, and preparing loss of profit and stock loss calculations.
Valery has advised clients on accounting and financial aspects of share sale and purchase agreements either in the context of acquisitions or in forensic dispute engagements. He has also reported on alleged fraud transactions and asset misappropriation within the framework of litigation and arbitration proceedings and provided consulting services for legal teams on accounting and financial matters in civil and criminal proceedings. His reports have been served in state courts in Russia, Cyprus and the UK. Valery has also led and been involved in valuation projects in the context of litigation and arbitration proceedings.
Valery qualified as a Chartered Certified Accountant in a Big Four firm in 1998 and he is a Fellow of the Association of Chartered Certified Accountants. He is also a Certified Fraud Examiner.
In addition to his forensic experience Valery has over ten years’ experience in audit in the CIS region, Sweden, Germany and the UK. He initially gained forensic experience in one of the UK’s leading forensic accountancy firms.
Valery has obtained a post-graduate certificate in business valuation and is a member of the Nonprofit Partnership Association of Appraisers in Russia.
I always enjoyed figures and mathematics, which initially brought me into the automatic control system department at university and allowed me to complete a second degree in economics later. Then when I was a graduate, a student friend of mine convinced me to join him in taking the entrance exams at a Big Four accounting firm. This turned out to be the beginning of my career!
By coincidence, but a very lucky one! Throughout my audit career I worked in different countries and was on the move between Germany and the UK in 2005. During this move I was introduced to a boutique forensic accounting firm based in London. They offered me a fantastic opportunity to be involved in a large-scale and very challenging forensic engagement. I quickly realised that this was my field.
You learn something new every day. You come to work in the morning to find a new intellectual challenge or a new way of doing something that is very different from what you were doing yesterday. You never know what the day will bring with a variety of clients in different industries in different geographical locations.
I was very nervous when I did it the first time. My first cross-examination spanned two days but I enjoyed the new challenge. I was also encouraged by the Arbitrator’s complimentary comments on my appearance in the witness box in the final award.
I have been travelling quite a lot and have lived and worked in different countries for many years throughout my career. For this reason I am trying to spend as much time as possible with my family. Children grow up so quickly!