Vasilieff joins platform in non-exec role

Vasilieff joins platform in non-exec role
Bill Vasilieff, founder and former chief executive of Novia

Novia founder Bill Vasilieff has joined bespoke platform provider Multrees Investor Services as a non-executive director.

The former Novia chief executive recently told FTAdviser he was not ready to retire after leaving the company following its sale last year to private equity house AnaCap.

He has now resurfaced on the board of directors of Multrees, a company which allows its users to adapt the platform based on their needs.

Vasilieff said: “I am absolutely delighted to be joining such a successful and rapidly expanding business. Having spent over 20 years in the UK platform space I believe the Multrees proposition with its customisable, modular approach is the next step in the evolution of platforms.

"Multrees is superbly placed to meet these changing requirements and I am very much looking forward to working with Chris and the team to drive this to market.”

Alongside Multrees, Vasilieff is continuing his role as chairman of multicurrency offshore platform Novia Global, a separate business to the Novia platform in the UK.

Before founding Novia, Vasilieff spent eight years at fund manager M&G until 2001, culminating in a spell as head of product development.  

It was in this role that he first entered the world of platforms, being involved in the creation of the original Cofunds platform.

Vasilieff was one of the founders of the Old Mutual platform Selestia.

Chris Fisher, chief executive of Multrees, said: “Bill has an unbridled wealth of knowledge in the UK and international platform space and his experience and creativity will be a huge asset to our expanding business.  

"Multrees is going through a period of significant growth and development and Bill’s in depth understanding of both the UK wealth management and platform market as well as his background in asset management will be of huge benefit as we continue to grow.”