Tigran Ter-Martirosyan is a director in BRG’s Singapore office and has eleven years of experience in financial consulting, focusing on valuation of businesses, shares and damages in international arbitration and litigation.

He has valued assets in the Asia-Pacific (APAC), Europe, Middle East, and Africa (EMEA), Russia and Commonwealth of Independent States (CIS) and North and South America regions.

Mr. Ter-Martirosyan has been appointed as an expert witness and advisor, including by arbitral tribunals, and has been involved in arbitration matters under the London Court of International Arbitration (LCIA), Hong Kong International Arbitration Centre (HKIAC), International Chamber of Commerce (ICC), Swiss Chambers Arbitration Institution (SCAI) and UNCITRAL rules and litigation in Singapore, Hong Kong, the UK, Australia, Bermuda, Cayman Islands and Isle of Man. His experience also includes valuations for the purposes of mediation, expert determination, mergers and acquisitions, financial reporting, restructuring, fairness opinions, management incentive schemes and tax.

Mr. Ter-Martirosyan has been featured in Who’s Who Legal Litigation Expert Witnesses 2020, which describes him as “lauded for his ability to provide a ‘clear, concise and well-considered analysis of the issues’. He is ‘undoubtedly a value-add in high-stakes litigation’”.

Mr. Ter-Martirosyan has performed valuations and damages assessments in sectors including financial services, metals and mining, telecommunications, aviation, oil and gas, semiconductors, manufacturing, agriculture, private equity, chemicals, consumer markets, healthcare, professional services, retail, and leisure and hospitality.

Employment History

Duff & Phelps
Vice president, Valuations
2016 – 2018

FTI Consulting
2012 – 2016

Executive, Transaction Services
2010 – 2012

Audit consultant
2009 – 2010

2008 – 2009

Professional Affiliations

Association of Chartered Certified Accountants (UK)

Russian Arbitration Association

Russian and CIS Arbitration Network

LCIA Young International Arbitration Group (YIAG)

ICC Young Arbitrators Forum (YAF)

Areas of Expertise


Moscow Engineering Physics Institute
Specialist Diploma, Finance, 2010
Specialist Diploma, Applied Mathematics and Informatics, 2009


Who’s Who Legal: Litigation

Expert Witnesses 2020

“Tigran Ter-Martirosyan is lauded for his ability to provide a ‘clear, concise, and well-considered analysis of the issues.'”