Steve Wansell has joined BlueVoir International (BVI), the cash buying arm of the Ayan Group, which controls nine recycling yards in Pakistan.

Wansell spent more than a decade working for Indian cash buyer Mideast Shipping & Trading, headed by Shabbir Baig. Before that he worked in arranging finance for ship recycling deals.

The move comes as the Ayan Group seeks to expand its cash buying activities and mirror a business model that has been successfully developed...