The prominent financial industry figure accused of a hit and run road rage incident has lost his bid for name suppression but will appeal the decision in the High Court.

The man appeared at the Auckland District Court yesterday and is charged with wounding with reckless disregard.

Judge Greg Davis granted the man interim name suppression until the appeal is heard in the High Court.

The man is alleged to have driven his car over another man during an incident on Mt Eden Rd in September.