United Trust Bank has announced the appointment of Jonathan Ayres as chief financial officer (CFO).

Ayres (pictured) was most recently the CFO of C. Hoare & Co and previous to that was CFO of specialist fund manager Ecofin. His other roles have included Head of Finance at Cazenove Capital Management and equity analysis at Goldman Sachs.

He is currently the chair of the British Bankers’ Association’s (BBA) Small Banks Technical Panel and a member of the BBA’s Audit and Oversight Committee.

Graham Davin, CEO of United Trust Bank, said: “Jonathan is a very experienced CFO with a great deal of relevant experience in our sector. I am delighted to welcome him to United Trust Bank where his appointment further strengthens our executive team as we continue to deliver strong growth.”

Ayres said: “United Trust Bank is an outstanding business with a dynamic management team and a very bright future. I am delighted to be joining the bank at an important stage in its evolution and look forward to working with Graham and the team as we continue to grow the business.”