United Trust Bank (UTB) has hired Kevin Flowerday to launch a new professional lending product, with full details of the product to be announced.

Flowerday has over 15 years of experience in the Professional Lending sector, most recently as head of sales at technology leasing and professional lending specialist Syscap.

There he managed Syscap’s flagship division providing finance to a range of professionals, as well as finance and leasing solutions for IT equipment to an even wider audience.

Flowerday’s background suggests that UTB may be looking at further asset finance sectors as they increase their product range.

Commenting on the recruitment, Harley Kagan, managing director off UTB, said "Kevin brings with him a deep knowledge of professional lending and an ambition to provide an excellent new product and service backed by United Trust Bank’s trademark approach to bespoke funding."

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