Oblix Capital has appointed Stuart Sykes as its new chief operating officer (COO).

He is an FCA approved director and joins having spent over 25 years in the lending and credit industry, including senior roles at Castle Trust and MYJAR.

Sykes will head up Oblix Capital’s lending operations, HR and IT functions. He will also drive the delivery of their upcoming peer to peer platform.

Rishi Passi (pictured), CEO, said: “I’m delighted to welcome Stuart to the senior team here at Oblix Capital. His extensive lending, credit and fintech experience, together with his passion for delivering a quality service to customers, and a track record of delivery, will be a huge asset for Oblix as we continue to grow.

“Our vision is to become the SMEs’ lender of choice through innovative and efficient lending solutions designed to meet their needs, and I’m confident that Stuart will play a crucial part in helping us deliver that vision.”

Sykes added: “I’m delighted to be joining the Oblix Capital team at such an exciting time in their history. I’m hugely impressed with the foundations that have been put in place, and the level of bridging and development experience within the group.

“I’m looking forward to building on those in order to continue delivering lending solutions designed to meet the market’s needs.”