United Trust Bank expands asset finance team
United Trust Bank has made two new appointments in its asset finance credit team. Gavin Mancey has joined the Bank as underwriter and Daniel Idowu has been promoted to underwriter having started in UTB’s asset finance operations team in 2018.
"He enjoys talking directly to brokers, working with them on proposals and helping them to get quick decisions for their customers."
Earlier this year UTB announced its intention to attract larger deals of up to £2m. The Bank has now developed its asset finance sales, operations and credit teams to ensure it can meet increasing demand and maintain its service levels to brokers.
Gavin Mancey has nearly 20 years’ experience in asset finance credit and risk analysis roles. He has joined UTB from Hitachi Capital where for the last six years he was a senior credit analyst, and prior to that was a senior underwriter at Banque PSA Finance.
Daniel Idowu joined UTB’s operations team in 2018 having completed his Masters degree in Business & Management.
Peter Price, senior asset finance underwriter at United Trust Bank, commented: “Gavin is exactly the sort of underwriter we like at UTB. He enjoys talking directly to brokers, working with them on proposals and helping them to get quick decisions for their customers. What’s more he is already well known to many of the brokers we regularly deal with and has worked alongside fellow underwriter Giles Hussey when they were both at Hitachi. He’s an excellent addition to the team and will play a key role in helping us achieve our exciting but challenging growth ambitions.
“Daniel has learned a lot about the asset finance business in the operations team and I’m delighted to have this opportunity to promote him to a new position in credit where he’ll be able to build on his knowledge and further develop his skills. He won’t find a better team of credit professionals to work with and learn from.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%
FCA
FCA sets out timeline for mortgage rule changes
Inflation
Bank of England set to cut rates as inflation falls to eight-month low
This week's biggest stories:
FCA
Firms required to report complaints involving vulnerable customers under simplified FCA rules
Santander
Santander joins mortgage price war with new rates from 3.51%
FCA
FCA sets out timeline for mortgage rule changes
Inflation
Bank of England set to cut rates as inflation falls to eight-month low
Nationwide
FCA fines Nationwide £44m for inadequate financial crime controls
FCA
FCA announces new measures to support growth of mutuals sector