The Infrastructure and Projects Authority (IPA) also revealed that Mr Vickerstaff would be taking up the role as its new deputy chief executive officer.

Mr Vickerstaff joins after spending over 10 years at Societe Generale, leading teams responsible for advisory, banking, equity investment and the capital markets. 

This is a new post that will bring additional project finance expertise to the IPA, the body which provides support for major infrastructure and government projects. 

Tony Meggs, CEO of IPA, said he was delighted to welcome Matthew to the IPA. 

“I look forward to working closely with Matthew as he brings with him a wealth of private sector expertise in the financing of major international infrastructure projects across a broad range of sectors.

“He will play an invaluable role in leading the project finance profession across government and demonstrating that the UK is open for business.”

David Gauke, chief secretary of the Treasury, said it was determined to build a bigger, better Britain.

“…We will do all we can to help attract investment to ensure our infrastructure is fit for the 21st century.

“Matthew’s proven experience and commercial expertise will help the UK attract additional infrastructure investment by bringing the private sector on board.”

Mr Vickerstaff concluded by adding: “This government’s ambition to deliver high-quality infrastructure must be matched by its ability to work with investors, project sponsors from the UK and across the world.”