Donaldson spent fourteen years with the Royal Bank of Scotland and Clydesdale Bank before going into the new Aberdeen-based role, which will see him help oil and gas industry clients recover money in research and development tax credits from HMRC.

Jumpstart managing director Brian Williamson said: “Every year a potential £2billion could have been claimed by UK companies in R&D tax credits.

“We believe there are millions of pounds worth of claims sitting waiting to be filed with HMRC and Ian is in pole position to assist companies in the north-east to secure these funds.”