United Trust Bank develops its Asset Finance team with three new hires

United Trust Bank is continuing to develop its asset finance business and has recruited three new members to join the growing asset finance team.

John Cullingford has been appointed Business Development Manager for the North of England and Scotland. John joins from Shawbrook Bank and has more than 13 years of experience in the asset finance industry. John will be responsible for maintaining the excellent relationships UTB has built with brokers in the North of England and Scotland as well as introducing UTB’s products and services to new broker contacts throughout that territory.

Peter Price has been appointed as an Asset Finance Underwriter based in UTB’s London office. Peter brings with him over 20 years of experience and was most recently an Underwriting Manager at ING for seven years, dealing exclusively with the broker market. Peter will be an important part of UTB’s credit team, liasing on a daily basis with our broker partners to ensure that the growing number of asset finance proposals now being received by the Bank are considered in a commercial and efficient manner.

Sarah Bowyer has been appointed as an Asset Finance Administrator and will also be based at the UTB offices in London. Sarah has several years of asset finance experience and joins from Societe Generale. She has also previously worked at Lombard. Sarah’s key role will be managing the administration of asset finance proposals and ensuring that the excellent service standards set by the Bank are maintained and improved as the volume of proposals increase.

Martin Nixon, Head of Asset Finance at United Trust Bank said;

“Our asset finance business continues to go from strength to strength and I’m delighted to welcome three very experienced new members to the team. The appointments of John, Peter and Sarah are yet another sign of UTB’s continuing investment in the asset finance business and underline our commitment to the sector and our ambition to develop our market share.

“With a bigger team and by developing our broker contacts in the North of England and Scotland we aim to significantly increase our lending over the next 12 months whilst maintaining the high service standards our broker partners have come to expect.”