Hampshire Trust Bank (HTB) has hired a business development manager for its asset finance team.

Stuart Urquhart will focus on supporting and building broker relationships across South East England. This is the latest appointment to the bank’s regional business development team, which provides support to brokers across the UK.

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Vincenzo Scalzone, head of broker, asset finance, at Hampshire Trust Bank, said: “In order to ensure we provide our brokers with a best-in-class service, it’s vital we employ people with in-depth experience of the market and Stuart is a welcome addition to our growing team.”

Urquhart was a commercial partnership manager at Spotcap UK and before that worked at Aldermore Bank in a variety of positions from 2013-2017.

Talking of his decision join Hampshire Trust Bank, Urquhart said:

“I’m impressed by Hampshire Trust Bank’s commitment to providing an exemplary service to its brokers. It invested heavily in its digital proposition, launching a document generation service on its web portal just this month. Brokers have access to specialists that truly understand the market.

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“I’m excited to be working for a bank that is keen to do more business with brokers, that has expanded its risk appetite and is interested in exploring specialist sectors. I am looking forward to getting out there, meeting with brokers and discussing how we can work together.”

This week Hampshire Trust Bank also hired Alex Upton as sales director of specialist mortgages. HTB’s asset finance book grew to £154m in 2017, an increase of 37.4%.