Novia Global has announced it has received a licence from the Dubai Financial Services Authority (DFSA) and will subsequently establish an office in the Dubai International Financial Centre (DIFC).
As part of the investment platform’s expansion, Mark Maplesden will join Novia Global as its principal representative officer.
Maplesden has worked in the wealth management sector in the UAE for over 10 years and will be drawing upon his experience of the region to lead the initiative.
See also: Novia Global launches stocks & shares Isa
“Dubai’s economic and investment landscape are impossible to ignore,” said Steve Andrews, CEO at Novia Global. “There are over a thousand financial companies in the DIFC, while Dubai is home to over $950bn in private wealth and set to attract many more high-net-worth individuals.
“A growing number of advisers and clients want to be a part of this success story, and we see an on-the-ground presence as essential to our own role in helping make that possible,” he added.
“We see Dubai and the broader region as a spectacular market, it is now arguably the hub to the world and Mark is the ideal hire for harnessing all the opportunities that it presents.”
