Boyd has over 25 years of experience in property development finance.

He joins from Close Brothers Property Finance, where he spent 12 years and was most recently a business development director.

Prior to that, he was a lending manager with Dunbar Bank.

He has taken over the management of a large client portfolio at Paragon, which he will be looking to expand.

Paragon Bank managing director of development finance Neal Moy says: “Len’s background speaks for itself and I’m pleased that we have added somebody with his track record and experience to the team.”

“We are a relationship bank that looks to build deep connections with clients and Len has the expertise to do that.”