Mr Charles has spent over two decades working at KPMG where he was latterly a Senior Partner, leading the global accountancy firm’s services to the Private Enterprise market across Scotland.

An N4 spokesperson, commented: “We’re delighted Phil has joined the N4 team. Throughout his career, Phil has been renowned as a trusted adviser to both business owners and their management teams throughout the UK. His experience will prove to be invaluable as we continue to expand our Portfolio Solutions arm of the business.”

The announcement comes hot on the heels of announcing former Tesco Bank chief executive, Benny Higgins, as N4’s new chairman and represents the firm’s sixth new hire in 2021.