The East of England law firm Birketts has hired a new partner and head of its banking and finance team.

Colin Tan has joined as a partner and will be based in the company’s Cambridge office.

He has experience advising on leveraged and structured finance transactions, as well as advising banks and corporate borrowers on the operation of banking facilities such as supply chain finance, working capital facilities, cash pooling arrangements and letters of credit and bank guarantee facilities.

“I am delighted to join Birketts’ renowned banking and finance team and have the opportunity to contribute to a rapidly growing area of ​​the firm’s practice,” said Tan.

“I look forward to taking on new challenges and advising new and old clients. “

Birketts also announced the appointment of Alex Schaafsma as new director of banking and finance, succeeding Mark Henry.

Schaafsma added, “In recent years, Birketts has recognized banking and finance as a critical growth area for the business and I am very grateful to Mark Henry for all of his hard work in building a team of specialists.

“I have no doubt that Colin will be an asset to the firm as well as to the clients and that his experience and knowledge will complement the existing set of skills of the team, providing additional expertise.