Mr Derrington’s new role will see him focus on developing FCP’s relationships with both clients and intermediaries, along with playing a significant role in business development and client liaison, the firm said in a statement.

Mr Derrington joins FCP from Mercury Tax Group, where he jointly ran the firm’s London office and focused on developing relationships with new introducers such as IFAs and accountants, along with advising on property transactions utilising offshore vehicles. Prior to this he was responsible for the promotion of structured investments at Ingenious Media.

“His experience in the structured investment world will play a major part in further strengthening our relationships with the IFAs and intermediaries who help to distribute our products. Future has enjoyed rapid growth in our clientele of late, and we hope that Andrew can help to continue that momentum,” said Tim Levy, FCP’s chief executive.

In other recent developments, in October FCP launched a new convertible bond aimed at high net worth investors. Issued by the Aramid Entertainment Fund, which provides debt finance to film producers and distributors, the Aramid Bond offers a return of nine per cent, to be paid in quarterly instalments.