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July 16, 2021updated 15 Jul 2021 4:21pm

UTB appoints ex-HTB head of business operations to new asset finance role

By Alejandro Gonzalez

UK-based United Trust Bank (UTB) has appointed Louise McIntosh in the newly created role of head of operations of its asset finance division, the specialist lender said in a press release. 

McIntosh has over 15 years’ experience in asset finance with funders including Aldermore Bank, ING and Amicus and has considerable experience in business transformation within the sector and in delivering new asset finance business operations systems. 

McIntosh (above) was most recently with Hampshire Trust Bank, as head of new business operations, where she played a key role in re-platforming HTB’s asset finance operations in 2020 following a 12-week implementation.

Her initial focus will be leading UTB’s investment in the development and implementation of a new asset finance platform to ensure the division continues to deliver the highest levels of broker and customer service, accelerates deal turnaround times and enable quick broker pay-outs as the Bank continues to transact record levels of new business.

Nathan Mollett, head of asset finance at UTB, said: “We have just delivered record-breaking results for the first six months of 2021 in our AF business. Earlier this year we announced an increased appetite for funding high-value cars and our plans to write larger transactions and both these initiates have had an immediate impact. 

“We have completed more new business lending in the first six months of 2021 than we did in the whole of our previous record year. Moving forward it’s vital that we implement systems and processes which enable us to continue delivering a great service and broker experience whilst completing increasing numbers of deals. 

“Louise brings a huge amount of hands-on business transformation experience and will work alongside me in ensuring the asset finance division is fit to support our ambitious growth plans.”

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