United Trust Bank has appointed Rob Sherr as its chief credit officer.

Sheer (pictured) joins UTB from Bank Leumi where he was the head of credit risk management. Before that he worked at Coutts & Co where he developed its film, music and video games finance capability as a founding manager in the media nanking office.

As well as managing all aspects of the bank’s credit risk, part of Sherr’s responsibilities will also be to ensure that the bank has the correct tools, systems and processes in place to continue to develop its business whilst maintaining a robust credit position.

He takes over the role of head of credit from United Trust Bank shareholder and managing director Roger Tidyman, who is moving into a mentoring and product development role.

Sheer said: “United Trust Bank is an ambitious and innovative bank with a hugely capable leadership team and exciting plans for the future. I will enjoy working closely with Graham Davin and Harley Kagan as they continue to grow UTB’s market share and develop into new sectors.

“United Trust Bank has established a reputation for providing excellent service to its brokers and borrowers and my aim is to maintain our flexible and pragmatic approach to lending whilst ensuring that our credit decisions are based on solid information and sound judgement.”

Graham Davin, CEO of United Trust Bank, added: “I am delighted that Rob has joined United Trust Bank in this key role. He brings considerable experience gained over a successful and varied banking career and this will be very beneficial to the Bank as it continues to grow its business with new products in new sectors.
““I would also like to thank Roger Tidyman, on behalf of the UTB team, for his contribution to the success of the Bank to date. Roger has been instrumental in developing United Trust Bank ever since he, Harley and I completed the MBO of the Bank in 2003. Since then he has laid the firm foundations for our credit operation on which Rob can now build.

“I am also very happy that although Roger is keen to spend more time with his family, he has agreed to continue working with the Bank so as to mentor some of our staff and assist in new product development. As such we will continue to benefit from Roger’s considerable knowledge, skills and experience.”