Brian Pitt, chief executive officer at Rockstead, said: “Steve joined the team last year and following a board restructure has been appointed as chairman to help strategically build and drive forward our ambitious expansion plans.
“We are delighted he has accepted the challenge. His experience and knowledge of risk and asset management strategies will serve us well.”
Haggerty, former managing director and chairman of HML and now an active non-executive director, said: “For too long there has not been enough serious competition in the space in which Rockstead operates.
“However the business is really starting to gain some traction now and I hope to be able to play a full part in helping Brian and the team accelerate their exciting business plans for expansion within both the UK and Europe.”