Heritage Global Inc., an asset services company specializing in financial and industrial asset transactions, has hired Andrew Valko as director of sales of Heritage Global Valuations (HGV). Valko will be responsible for overseeing all new business development and sales initiatives across the Midwest, according to a release.
Valko brings nearly 20 years of experience in providing financial and management solutions to business owners and senior management teams across a broad spectrum of sectors as an underwriter, portfolio manager, and a relationship manager to commercial lenders; and as a relationship manager to a national trust services provider for the commercial loan securitization market, the company said.
His most recent endeavor was at B. Riley Advisory Services (formerly known as Great American Group) as a project manager coordinating all appraisal related needs from signing to delivery; including all communications with banking and private equity clients, compliance and accuracy of all appraisals to meet USPAP standards and collaborating with the national marketing manager to strengthen existing client relationships and implementing marketing strategy.
The company said Valko’s appointment reflects HGV’s dedication to the Midwest market and its desire to provide the highest level of asset valuation, liquidation, and advisory services to its clients and to oversee the growth of its value-driven corporate and financial asset solutions platform.
“We are excited to have Andrew join the team as we continue to execute on our strategy to build out the national platform for valuations,” Michael Goldstein, executive managing director of HGV, said in the release. “Andrew has built deep professional relationships throughout the Midwest; he will be an integral part of our future success in that region and throughout the country.”
Based in Chicago, Valko will support the needs of commercial lenders and other financial institutions by leveraging HGV’s leading portfolio of asset valuation, appraisal, and advisory products and services. In addition to managing customer relationships and serving existing clients, he will focus on advancing new business development efforts in the Midwest, while building on HGV’s impressive record of client service excellence.
“We are thrilled to have Andrew join the team and represent Heritage Global Partners as we continue to experience consistent growth across our valuation practice and increase our investment in the Midwest market.” HGV National Sales Manager Michael Aho said. “With the addition of Andrew’s experience and relationships, HGV will be strongly positioned to reach its ultimate goal of being a trusted advisor to the financial communities across the United States.”