United Trust Bank appoints Steve Gee as commercial director – asset finance
Gee joins UTB following a 26-year career at Close Brothers, where he spent the past 10 years as CEO of Close Brothers Asset Finance's industrial equipment division.
United Trust Bank (UTB) has appointed Steve Gee (pictured) as commercial director – asset finance to lead the development of a new vendor finance business.
Gee joins UTB following a 26-year career at Close Brothers, where he spent the past 10 years as CEO of Close Brothers Asset Finance’s industrial equipment division.
He will lead the development of UTB’s new vendor finance operation, working with equipment dealers and manufacturers to provide asset finance solutions to small and medium enterprise (SME) customers.
The operation will be based in the North West and provide nationwide coverage.
It will focus on the manufacturing, construction, transport, materials handling and print sectors.
The appointment follows a period of growth for UTB’s asset finance business during 2026, including the soft launch of Stance Asset Finance.
Nathan Mollett, managing director – asset finance at United Trust Bank, said: “Steve is one of the most experienced and respected people in UK asset finance, and we’re delighted that he has chosen to join UTB at such an exciting stage in our development.
“We’ve built tremendous momentum across Asset Finance this year, both through our established UTB business and the successful soft launch of Stance.
“Steve’s appointment adds another important dimension to our growth plans by enabling us to build a dedicated vendor finance capability around equipment dealers and manufacturers.
“His experience, relationships and deep understanding of the industrial equipment market will be invaluable as we create yet another business line within UTB Asset Finance.”
Gee added: “I’ve spent most of my career working with businesses who invest in equipment to improve productivity, increase capacity and create growth, so the opportunity to build a new vendor finance business at UTB was too good to miss.
“UTB already has an excellent reputation in Asset Finance and there’s a real sense of ambition and momentum across the business.
“Ultimately, this is about helping more SMEs get access to the assets they need to invest, grow and thrive. I’m really looking forward to building the business from the ground up and contributing to the next exciting phase of UTB’s development in the asset finance industry.”
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