UTB appoints DeCroos to head of originations role
By Rebekah Commane 20
th April 2021 12:38 pm
United Trust Bank has hired Paul De Croos in the role of head of originations – property development.
De Croos joins UTB from the Bank of London and the Middle East (BLME) where he was most recently head of real estate finance. Prior to this he spent 15 years working at RBS in several senior roles.
He takes over the role at UTB from Adam Bovingdon, who was recently appointed head of property development following Noel Meredith’s retirement in March.
De Croos will be responsible for managing the lender’s team of 23 property development directors and managers and will work closely with director – business development and marketing Paul Turton, Director. He will report to Bovingdon.
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United Trust Bank (UTB) has made five appointments to its development finance team.
According to the lender, this is in response to increasing demand for property finance from house builders and developers across England and Wales.
Simon Cartwright, Kerry Cooney, Ashley Collier and Davinder Birthee have joined UTB from other lenders and Anna Wojtowicz has been promoted from her previous role as senior case manager.
They will be working directly with house builders and developers providing bespoke development funding solutions.
Cartwright has over 30 years’ financial services experience having previously worked for Assetz Capital, Handelsbanken, HSBC and RBS.
He has been appointed senior manager of property development and will be primarily supporting clients across the Midlands.