“I look forward to reconnecting with my many fellow brokers, making new contacts through UTB and getting the ball rolling with bigger deals.”

Oliver joins UTB from Hampshire Trust Bank where he was responsible for credit flows. He previously held positions in credit teams at BNP Paribas and BMW Financial Services.

Olivier Hobday said: “The opportunity to work at UTB with Nathan and the team was too good to pass up. UTB has an excellent reputation for providing exceptional brokerage service, building long-term relationships and supporting brokers through thick and thin. The Bank has ambitious goals for 2021 and I am convinced that I can make a significant contribution to their success. Direct contact with brokers is a part of the job that I really enjoy, and I look forward to reconnecting with my many fellow brokers, making new contacts through UTB and getting the ball rolling with bigger deals.

Nathan Mollett, Head of Asset Finance, commented: “2021 will be an exciting year for UTB’s asset finance business and Oliver’s experience will be invaluable in helping us deliver on some ambitious growth plans. Giving brokers direct access to underwriters is one unique selling points of UTB so having someone who is already well known to a lot of brokers is a distinct advantage Oliver will also be supporting our plan to offer larger facilities up to £2m and he will work closely with some of our major brokerage partners to deliver these substantial transactions more frequently.