Timur Davis, a senior investment manager at Samsung Ventures since 2015, has been appointed principal at Live Oak Bancshares' strategic investment arm.

Timur Davis has left Samsung Ventures, a corporate venturing subsidiary of consumer electronics maker Samsung, to become principal at Canapi, a financial technology-focused investment arm of banking group Live Oak Bancshares. 

The role is a new position that became effective late last month. Davis will oversee work on investment and incubation strategies that further Canapi’s ambitions to innovate in the banking space.

Davis had been with Samsung Ventures as a senior investment manager since 2015, leading eight deals worth a…