Cheltenham-based law firm, Charles Russell Speechlys, has appointed a new partner.

Philip Withey is a partner in the firm's banking and finance group, and his appointment follows recent growth in the banking and finance practice.

Philip joins Charles Russell Speechlys from Womble Bond Dickinson UK LLP, where he was a partner specialising in banking and finance for more than 17 years.

He brings extensive experience advising both lenders and borrowers on a range of acquisition, asset, structured, development and project finance transactions. Philip also works with key clients on issues relating to derivatives trading, regulatory matters, secondary debt trading, restructuring and sub-participation.

He has a strong track record in dealing with complex financing transactions in the energy and financial institutions sectors and has focused on expanding his international work in the energy sector, whilst retaining a local South West market connection.

While at Womble Bond Dickinson UK LLP, his capital markets and derivatives expertise provided specialist support for several financial institution clients.

Daniel Sullivan, partner and head of banking and finance, said: "Philip's appointment further strengthens our banking and finance practice and the services we are able to offer our clients. He is an experienced practitioner with a developed practice and brings across a range of skills, experience and contacts that will sit well within the group. We wish him a warm welcome."

Philip Withey said: "The firm so far seems like a great cultural fit, and I am excited to meet and collaborate with my new colleagues to identify areas of overlap that will benefit all of our clients. I expect to use my experience in real estate finance, corporate finance transactions, client development and transaction management to contribute to the sustainable growth of the practice."