Leigh brings more than 20 years’ director-level experience in the financial industry, holding roles as either CEO or CFO at companies such as RBS, NatWest Group and Masthaven Bank.

He has also previously been the chairman of a joint venture between a major bank and a retailer.

Leigh's appointment follows months of familiarising with the business and collaborating with colleagues to ensure leadership continuity and support a new growth strategy.

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Commenting on his appointment, Leigh said: “I 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 UK.”

Leigh’s appointment will see him work closely with the long-standing leadership team of 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 after 30 years at the business.

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

Richard McDougall, partner at Cabot Square Capital, said: “With 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’s goals for sustainable growth.

“We thank Martin and Paul for their hard work in contributing to MSP Capital’s 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.”