United Trust Bank appoints head of credit for asset finance

United Trust Bank has appointed Lisa Thomas as head of credit for asset finance.

Lisa’s career in the asset finance industry spans more than 20 years, starting out with funders including Syscap, RBS and Hitachi before moving to Societe General Equipment Finance (SGEF) in 2007. For the last four years Lisa has been head of strategic and portfolio risk at SGEF.

In her new role, Lisa will help to shape and develop UTB’s credit appetite as an expanding specialist funder.

Lisa Thomas commented: “UTB has established an excellent reputation for getting deals done quickly and efficiently by actively encouraging direct communication between brokers and underwriters. I am excited to have the opportunity to lead UTB’s highly regarded and knowledgeable asset finance credit team as the Bank continues to develop its AF offering and pursue further growth.”

Nathan Mollett, head of asset finance at United Trust Bank, added: “UTB has had a very busy start to the year, despite continuing concerns around inflation, GDP and the USA’s new trade policy feeding economic uncertainty. We intend to capitalise on our significant investment in great people and technology and for that we need a first-class credit operation.

“Lisa’s deep experience, gained through various economic conditions, will enable us to drive the business forward and grow the support we provide to customers via strong, collaborative relationships between credit and brokers. At the same time, we will continue to develop the mandate of auto-underwriting whilst retaining a disciplined but pragmatic and reliable approach to lending.”