The chief financial officer (CFO) at Manolete Partners, Mark Taverner, has left the business today.

The insolvency litigation financing firm said it is now conducting a formal search to identify a replacement.

While the review is taking place, Taverner’s role will be filled by Manolete’s current financial controller, Rachel Lindley-Janes.

She has served at the company for over three years and will assume the title of interim head of finance.

Chief executive officer at Manolete, Steven Cooklin, said: "I would like to thank Taverner for his contribution to Manolete over the last five years and I wish him every success for the future."

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