The global investment firm is pressing on with its growth plans for Latin America.

Stanhope Capital has added Mexico’s former finance minister Dr Pedro Aspe to its advisory board as the firm seeks to expand its client base in Latin America.

Aspe will sit alongside other industry and finance luminaries including Lord Browne, former BP chief executive, and Sir Martin Sorrell, chief executive of WPP.

He has four decades of experience in the areas of academia, federal government, and domestic and international private sectors.

After leaving the Mexican government in 1994, he founded Protego, a Mexican investment bank, in 1996. Protego joined forces with Evercore Partners in 2006 and the combined business listed on the New York Stock Exchange in the same year. Aspe served as co-chairman of Evercore Partners from 2006 until his retirement in February 2017.

The Stanhope Capital 80-strong team includes 12 partners based at offices in London, Geneva and Jersey.