Manolete, an insolvency litigation financing company, has announced the appointment of Lord Howard Leigh of Hurley as senior independent director and chairman designate succeeding Peter Bertram who will retire.
Leigh is a qualified chartered accountant, he set up Cavendish Corporate Finance LLP in 1988 and still remains a senior partner.
In 2000, he was appointed as the chairman of the faculty of corporate finance of the Institute of Chartered Accountants in England and Wales (ICAEW).
In 2018, Cavendish merged with finnCap to create finnCap Group plc which was subsequently listed on the London AIM market. He is also the senior treasurer of the Conservative Party and chairs four charities.
Leigh said: “I am delighted to have been appointed as chairman designate of Manolete. Steven and his team have built a first-rate business which occupies a unique position in the litigation finance sector.
“I am really looking forward to working with everyone to grow the business further in the coming months and years.”
Steven Cooklin, CEO, Manolete, added: “Howard has a tremendous record in the financial services sector. His experience will prove to be invaluable as we look to continue to grow the business.
“I would also like to record our great thanks to Peter Bertram for his expert guidance and leadership of the Board in the lead up to our IPO in 2018, and the role he played to help position Manolete as a well-established listed company.”