MSP Capital appoints Ali Chaudhry as CEO
Property finance specialist MSP Capital has appointed an experienced financial services leader as its new chief executive.
Ali Chaudhry joins the property finance lender with a 30-year track record that includes director-level positions at Barclays, Citibank and private equity-backed financial services businesses across UK, Northern Europe, the Middle East, Africa and South Asia.
On his new appointment, Ali 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.”
Ali replaces Leigh Bartlett, whose two years as CEO saw the successful introduction of lower rates following the agreement of new lending facilities with J.P. Morgan and Pollen Street Capital, alongside continued support from longstanding funding partner 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.”
Likewise, Richard McDougall, partner at Cabot Square Capital, said: “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.”