United Trust Bank is named ‘Outstanding UK Bank Owned Lessor’ and Nathan Mollet wins the ‘Contribution to Industry’ award

United Trust Bank (UTB) has won a top award at the 2021 Leasing World Gold Awards being named the ‘Outstanding UK Bank Owned Lessor’. In addition, Head of Asset Finance Nathan Mollett received the ‘Contribution to Industry’ award for his work in developing and retaining young talent in the Asset Finance sector.

The prestigious awards, held at the Hilton Bankside Hotel in London on the 21st October 2021, recognise the best lessors and brokers in the Asset Finance industry. The judges look for businesses which have made a real difference over the previous year and delivered a combination of business growth, dynamism, clever ideas and good management that has earned the respect of the winner’s peers. UTB has delivered record breaking growth over the last 12 months without diluting its service levels, a difficult balance to strike.

UTB’s Head of Asset Finance, Nathan Mollett, won the Editor’s Choice ‘Contribution to Industry’ Award in recognition of his work with young people working in the sector. The judges noted that Nathan had led the launch of the ‘Industry Insights’ programme, a cross-industry initiative focused on retaining and developing young talent in the Asset Finance and Leasing sector, and that he had delivered a series of online networking events focused on supporting the mental health of young people transitioning to working remotely or being on furlough.

Nathan Mollett – Head of Asset Finance – commented: “Winning the ‘Outstanding UK Bank Owned Lessor’ award is fantastic recognition for the team who have worked incredibly hard in difficult circumstances. We have more than doubled our new business volumes and successfully maintained our core differentiator of providing brokers with direct access to underwriters and delivering excellent service and speedy pay outs. We’ve created real buzz in the market and intend to carry this momentum into 2022.

“There are so many exceptional people doing great things in Asset Finance and I am humbled to receive the ‘Contribution to Industry’ award. Young people are the future of our industry and I am passionate about encouraging them to join and then develop their careers in what is a dynamic and important industry for the UK economy.”