United Trust Bank has appointed Paul Barter as a business development manager (BDM) for asset finance.

Barter (pictured) will be responsible for developing broker relationships in the central region, which includes the East and West Midlands, and Wales. He will report to asset finance head of sales, Keith Sangwin.

He joins UTB from Hampshire Trust Bank where he fulfilled a similar role for the last three years. He has spent  30 years working in the asset finance and motor sales sectors working for companies including Mercedes Benz UK and Blackhorse Finance.

Sangwin said: “I’m delighted to welcome Paul to the UTB team and I’m sure his experience, drive and sales acumen will ensure he develops the Central and Wales regions into successful territories for the Bank. Our business has grown considerably in the last few years and we have increased the number of brokers we regularly deal with and developed our sales, underwriting and administration teams to support the higher volumes of deals we complete and maintain an outstanding broker service.

“UTB’s proposition together with our ‘broker only’ promise differentiates us from our competitors and our commitment to helping brokers grow their businesses in the face of increasing competition from vendor and direct sales forces is a great message to take out to brokers. We look forward to Paul playing a significant role in ensuring our growth and success continues.”