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UTB makes senior hire for BTR expansion



United Trust Bank (UTB) has hired Andy Thomson (pictured above) to head up its expansion into the build to rent sector.


Andy has been hired for the newly created role of senior director for operational real estate.

He will work within UTB’s property development business with an initial focus on supporting developers working in the BTR space, before exploring opportunities in the adjacent PBSA and co-living markets.

Andy brings over 30 years of experience in banking, holding senior roles at organisations including RTBS, Bank of Scotland and Secure Trust Bank.

He joins UTB from Bank of London and Middle East where he was head of real estate finance and private banking.

Adam Bovingdon, head of property development at UTB, commented: “BTR, and the wider UK living sector, presents a great opportunity for the bank and Andy’s experience and contacts will help us to develop UTB’s proposition and activity in this increasingly important and exciting market.”

Andy added: “I am excited to have joined such a highly regarded bank with an impressive track record.”



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