Oblix Capital has announced that Mark Sismey-Durrant, formally an independent adviser to the board, has been appointed as non-executive chairman.

The appointment following the recruitment of chief operating officer Stuart Sykes in October 2019.

Sismey-Durrant (pictured) will oversee the company’s strategic direction.

He has held senior roles within the banking industry during his 40 year career, including as chief executive of Hampshire Trust Bank Plc, chief executive of Heritable Bank Plc and chief executive of Sun Bank Plc.

Rishi Passi, CEO at Oblix Capital, said: “I’m delighted to welcome Mark onto the Board at Oblix Capital. His extensive knowledge, understanding and experience within the industry has already proved invaluable to the Board, and as chairman he’ll be able to bring even greater value to help us achieve our ambitious growth plans.”

Sismey-Durrant added: “I am delighted to be joining Oblix Capital at this exciting stage of their development. Rishi and the Board have ambitious plans for the company, and I’m looking forward to helping shape the strategy that helps Oblix achieve their goals.”