Tracey Blackwell, formally of Goldman Sachs, is an executive director of Pension Corporation and Stephen Lockley, previously chief executive of Arbuthnot Latham Private, is the chief financial officer of VisionFund International.
Graham Davin, chief executive of UTB, said: “Tracy and Stephen will bring a great deal of specialist knowledge to the United Trust Bank board.
“Both have successful careers in finance and their experience and counsel will prove invaluable as we continue to expand.
“Tracey’s experience as the head of investment management at Pension Corporation and Stephen’s prior role as CEO of Arbuthnot Latham Private Bankers bring a unique blend of highly relevant and expert skills to UTB. I very much look forward to working with them.”
UTB said it is experiencing a strong demand for its products and services and has just completed the installation of a new banking system.
The bank’s ambition is to continue to develop its market share in bridging, development finance and asset finance divisions.
Davin added: “United Trust Bank has developed considerably over the last few years to become a well-respected specialist bank.
“Notwithstanding the strong growth we have achieved we still have ambitious plans and by continuing to invest in people and bring on board talented individuals who share our vision we can look to the future with confidence.”
