The Appraisal Institute, a professional association comprising nearly 22,000 real estate appraisers across 60 countries, rang in the new year with the appointment of a new president.
According to an announcement, M. Lance Coyle, MAI, SRA, was elected to lead the group for a one-year term, starting January 1.
Currently working in Dallas, Coyle has been involved in real estate valuation for three decades. He served as president of the Appraisal Institute's North Texas chapter in 2000 and was a member of the Region VIII Committee for a number of years.
Coyle previously served the Appraisal Institute as president-elect in 2014 and as VP in 2013. As president, he will serve in 2015 as chair of the association's Executive Committee and will also chair the group's policy-setting board of directors.
"It is a privilege to serve the Appraisal Institute as the organization continues its leadership in the valuation profession," Coyle said. "I look forward to working with my fellow national officers and valuation experts to continue the great work of educating and advocating for valuation professionals around the world."
In addition to Coyle, the Appraisal Institute's other elected officers for 2015 include President-Elect J. Scott Robinson, VP Jim Amorin, and Immediate Past President Ken P. Wilon. Also serving on the organization's Executive Committee as a non-voting member is CEO Frederick H. Grubbe.
In the coming year, Coyle and his fellow officers and directors will continue to work to implement major strategic initiatives to reshape the valuation profession, the Appraisal Institute said.