Credit, Collections & Insolvency News
United Trust Bank (UTB) has announced that it has appointed Astrid Michael as its new Head of Sales for its Asset Finance division following the retirement of Keith Sangwin earlier this year.
Michael has worked in the Asset Finance industry for 20 years and is a highly experienced professional with a strong track record of success working with funders including ING and most recently Hitachi Capital Business Finance where she was Sales Manager for Farm and Cross Channel Delivery.
UTB has substantially developed its asset finance business this year making 11 new appointments and signaling its increased appetite and capability to transact higher volumes of business and larger loan sizes. Astrid’s key focus will be on driving high growth through the Bank’s ‘broker-only’ strategy and continuing to build on the momentum of 2021 where new business lending has more than doubled.
Nathan Mollett, Head of Asset Finance – United Trust Bank, said “We are having an exceptionally busy year, breaking records for completed business and deal sizes and working with more new brokers than ever before. But this is just the beginning. With Astrid on board, I believe we have one of the strongest senior teams in the market, joining Peter Price and Louise McIntosh managing the biggest asset finance Credit and Operation teams UTB has ever had, and Jon Mote exploring new product opportunities and leading our push for larger loans. The whole division is committed to driving our growth and the pursuit of service excellence. 2021 is going to be an outstanding year for UTB, but 2022 will put us into another league altogether”
