Poole-based property finance business MSP Capital has appointed a former banking chief as its new CEO.

Leigh Bartlett has previously held senior roles as either chief executive or finance chief at companies such as Portuguese bank Novo Banco, Masthaven Bank, FNZ Group, NatWest Group and Westpac New Zealand.

Mr Bartlett has worked extensively with private equity-owned institutions in the banking, technology and wealth management industries.

He said: 鈥淚 am excited to lead MSP Capital and look forward to working even more closely with the talented team to enhance our capability to deliver exceptional financing solutions for customers across the 海角视频.鈥

In his new role Mr Bartlett will work closely with the MSP Capital leadership team, which includes Adam Tovey, Lee Merrifield, Nicky Hollamby and Daniel Curtis.

As part of the leadership transition, former Joint managing director Martin Higgins is stepping back from his operational role at the business after 30 years.

Paul Miracca, also a former Joint managing director, will move into a consultancy role, continuing to offer his expertise to the business.

MSP Capital transitioned from a family-owned business to a privately-owned firm in 2011. In 2018, it expanded its funding lines and entered a new phase as a private equity-backed entity with the addition of Cabot Square Capital as an equity partner and majority shareholder.

Richard McDougall, partner at Cabot Square Capital, added: 鈥淲ith his breadth of experience in financial strategy and leadership, Leigh will play a critical role as MSP Capital continues to strengthen its delivery of outstanding service and specialist funding solutions.

"His proven track record in driving financial success and process optimisation aligns perfectly with the firm鈥檚 goals for sustainable growth.

鈥淲e thank Martin and Paul for their hard work in contributing to MSP Capital鈥檚 success over many years as a specialist, non-regulated lender for the property sector. Both Martin and Paul remain shareholders, and back the remaining management team to lead the business forward to future successes.鈥

Like this story? Why not sign up for FREE to get all the latest business news to your inbox