Fintech Additiv hires former BlackRock MD to head up its Asian operations

By Aisling Finn on Friday 17 July 2020

Digital Banking

Kevin Hardy has over 25 years' experience at some of the world’s largest financial institutions.

Fintech Additiv hires former BlackRock MD to head up its Asian operations
Image source: Kevin Hardy/Additiv

Software-as-a-Service (SaaS) provider Additiv has hired Kevin Hardy, former managing director at BlackRock and Northern Trust executive, to head up its Asian operations. 

Founded in 1998, Additiv partners with some of the world’s largest financial institutions, such as the Commonwealth Bank of Indonesia, to help them better use technology and move towards digitalisation of their services. 

Hardy brings over 25 years' experience in the asset and wealth management industry to the table, previously working as an investment fund manager at the likes of Legal & General and State Street. 

The incoming general manager, Hardy, said: “Only through embracing the use of cloud-based technologies and data will they be able to thrive in, and through, this current period of unease.” 

“The industry is fast evolving and I believe Additiv have peeked into the future and developed a platform of unique propositions that can drive this digital shift.” 

Based in Singapore, Hardy will be responsible for overseeing Additiv’s growth and expansion across the region, the firm’s second-largest after Europe, following a period of rapid growth for the fintech. 

Michael Stemmle, founder and CEO of Additive, called Hardy’s joining a “critical” hire for the company. 

“Additiv is growing rapidly across the world, but especially in Asia, where our product proposition matches the key market trends in terms of delivering richer customer engagement to broader demographics of customers and facilitating networked models for aggregating supply and demand.” 

Hardy is preceded by Dario Bernasconi, who was acting as interim head of Asia and who will now return to his role as group head of operations and partners. 

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