LONDON, July 18, 2012 /PRNewswire/ -- Corsair Capital, LLC ("Corsair"), a leading private equity firm focused exclusively on investing in the global financial services industry, today announced that John Maltby, a highly experienced banking executive, has agreed to become a senior advisor to the firm. Mr. Maltby, who recently was Group Director of Commercial Banking for Lloyd's Banking Group, will join Corsair later this year.

Nicholas B. Paumgarten, Chairman of Corsair, stated, "We are extremely pleased to welcome John to Corsair. He is well known to us through his successful and long career in banking, and has a strong relationship with our London-based Vice Chairman, Lord Mervyn Davies. We welcome John's engagement with Corsair at a time of significant investment opportunities in the broader financial sector. As Group Director of Commercial Banking at Lloyds Banking Group and before that as Chief Executive of Kensington Group, John has demonstrated his talent for growing and transforming financial services businesses which will be highly value-added for Corsair."

About Corsair Capital, LLC
Corsair Capital is a leading specialist private equity firm focused exclusively on investing in the global financial services industry. Corsair has invested across a range of geographies and cycles, and in substantially all of the subsectors of the financial services industry including insurance, asset management, depository institutions, and specialty finance in North America, Western Europe, and the Emerging Markets of Asia, Latin America, and Central Europe. More information about the firm may be accessed through the website www.corsair-capital.com.

Media Contacts:
Robert Siegfried/Jeremy Fielding
Kekst and Company
+1-212-521-4800

SOURCE Corsair Capital, LLC