Steve Andrews has been appointed managing director of Novia Global, effective from July 2019.
He will succeed Bill Vasilieff, who is set to become chairman of the international platform, subject to regulatory approval.
Andrews will report to Vasilieff and join the Novia Global Board.
Building relationships
He brings with him over 30 years’ experience in retail and institutional asset management platforms; as well as life and pensions, both in the UK and internationally.
He joined from Aberdeen Standard Investments (ASI) where he was head of third party and major distribution.
At ASI he was responsible for managing the UK wholesale business for sales to major distributors; including financial advisers, platforms, discretionary and wealth managers, and life companies.
His role also included developing relationships with offshore platforms, advisers, wealth managers and banks across Europe and international low-tax jurisdictions.
Andrews was previously joint head of retail business at Credit Suisse Asset Management; head of IFA and investment partners at DWS Investments, and head of national accounts at HSBC Asset Management.
‘Unbridled market insight’
Vasilieff described Andrews as “the ideal candidate to successfully lead Novia Global into the future” on the basis of his “phenomenal track record of strong leadership with unbridled market insight and an in-depth understanding of the industry”.
“The business is growing rapidly with the number of adviser firms using us nearly doubling in the first half of 2019, compared to the same period in 2018, as the international market moves towards the transparent, technology-enabled solutions that Novia Global provides.”
Andrews added: “Novia Global is at the forefront of the transformation of the international financial services investment market.
“We are seeing the old opaque, high commission and bundled investment solutions fall away in favour of clear, transparent and online services, and Novia Global is leading the charge.”
