Tim Baldwin, a leading smaller companies sales director, has left Greig Middleton to join rival Investec Henderson Crosthwaite.

Baldwin has 14 years of experience as an institutional stockbroker in smaller quoted companies in the UK. He leaves Greig Middleton, the brokerage arm of Gerrard Group which was recently bought by Old Mutual, to take on the same role as smaller companies' sales director at Investec Henderson Crosthwaite, part of Investec Bank, a subsidiary of banking group Investec.