The Board of B.P. Marsh & Partners Plc, the venture capital provider to early stage financial services businesses (AIM: BPM), is pleased to announce the appointment of Nicholas Granville Walker as a Non-Executive Director and member of the Remuneration Committee and Audit Committee with immediate effect.

Nick Walker, aged 56, has over 30 years’ experience in the Financial Services sector, beginning his career at the Bank of America International in the European M&A Group where he was an Analyst and later became appointed as Vice President. In 1988 he moved to Citicorp Investment Bank Limited as Vice President and Country Head of its Spanish M&A Team. Nicholas left Citicorp in 1991 to set up Socios Financieros S.A. Based in Madrid, Socios Financieros is one of Spain’s leading independent corporate finance firms and has undertaken in excess of 250 transactions during its 26 years since formation.

The Board considers that Nick Walker’s long track record in European and international M&A will bring additional depth to the Group and provide an excellent resource for the Management team and looks forward to his contribution.

Commenting on the appointment, Brian Marsh OBE, Chairman of B.P. Marsh, said:

“I am very pleased to welcome Nick to the Board; as well as offering his wide-ranging experience of European M&A markets we are confident that he will also provide a fresh perspective to the Board as the Company grows and develops its global outlook.”

On his appointment Nick said: “I am very much looking forward to increasing my involvement with B.P. Marsh, having worked together over recent years in relation to its investment in Summa, culminating in my appointment to the Summa Board in February of this year. I hope to be able to contribute additional expertise to the B.P. Marsh Board in particular in relation to any potential disposal opportunities and expansion plans.”