Chaudhry named CEO of MSP Capital
Ali Chaudhry has become the chief executive of specialist property finance lender MSP Capital, replacing Leigh Bartlett.
He has worked in property finance for 30 years, including director-level positions at Barclays, Citibank and private equity-backed financial services firms in the UK, Northern Europe, the Middle East, Africa and South Asia.
Chaudhry (pictured) said: “MSP Capital has grown as a principal development and bridging lender within property finance over the past 45 years. I’m pleased to join MSP Capital at a time when the property market, despite the macroeconomic challenges, presents exciting opportunities for the company.
“My immediate focus is to listen to and get to know our customers, our team and our partners and establish clear priorities and future direction. I’ll be looking at how we ensure our market proposition continues to meet the changing needs of professional property developers today, tomorrow and over the long term.”
In his two years as chief executive, Bartlett oversaw the arrangement of new lending facilities with JPMorgan and Pollen Street Capital, as well as continued funding support from Shawbrook Bank.
Philip George, chair of the MSP Capital board, said: “While thanking Leigh for his contribution, we welcome Ali to the team. Confident in the firm’s underlying strengths, he brings skill and experience that will help move MSP Capital forward.”
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Richard McDougall, partner at Cabot Square Capital, majority stakeholder of MSP Capital, added: “This appointment is an important leadership development for MSP Capital, with Ali focused on building on the strengths of the existing business and shaping its future direction.”
