International platform Novia Global has announced Steve Andrews as its chief executive, International Adviser can exclusively reveal.
Andrews joined Novia Global as managing director in 2019 and has overseen a period of growth for the platform with assets under administration (AuA) now over £1.3bn ($1.56bn, €1.45bn).
As chief executive, Andrews will have overall responsibility of the platform with further growth planned.
He said: “AuA are growing above our expectations in difficult market conditions, putting us on a strong financial footing. We have a commitment to deliver first-class outcomes for our clients, and the opportunity to bring the FCA’s customer duty principle to our markets is very exciting for us.
“It is a real opportunity to not just help advisers bring good to their customers, but excellence, and it’s an ambition I’ll be working with my new management team to achieve time and time again.”
This comes a month after IA reported that Scott Sinclair joined the platform as director of operations.
He was previously at Hargreaves Lansdown, where he was senior operations manager.
Andrews added: “I believe that appointing someone of Scott’s calibre presents a great opportunity to take the business further forward at pace. Scott will not only run Novia Global’s operations but will also chair the operations committee for Novia Global’s newly-launched Sipp.”
The hiring does not stop there for Novia Global as, according to Linkedin, Linda Johnstone has joined the platform as head of investment proposition.
Johnstone was previously head of international business development at The Marlborough Group for just over four years.
In 2020, Novia Global set out on its own, following former parent company Novia Financial being sold to US private equity outfit AnaCap Financial Partners in December 2020.