Following the recent news that Sundeep Patel will join United Trust Bank (UTB) as director of bridging, the lender has now confirmed when he will take up the role.
Patel (pictured), who has been given a mandate to significantly grow the Bank’s short-term lending business, will start his new role on the 1st of November 2022.
He is a highly experienced and well-known figure who has worked in the financial services industry for over 20 years.
Most recently he was director of sales and member of the Commercial Executive Committee at specialist lender Together and was in charge of their intermediary channel.
Patel said: “I am really excited to get to work at UTB and I am looking forward to finally meeting the whole bridging team and catching up with people I haven’t seen since the summer.
“We have exciting plans to kick off as we set out on a journey to make UTB the first choice for all bridging finance – #thehomeofbridging.
“I was delighted to see that UTB picked up another award for its regulated bridging offering. We plan to win awards in every category at every awards next year.
“Our aim is to be recognised as the best bridging lender in the market – full stop.”
Mark Stokes, chief commercial officer, United Trust Bank, said: “It has been a frustrating wait for Sundeep and the Bank, but we are delighted that he is finally joining the team on the 1st of November and can continue to build on what has been an extremely busy and interesting year for UTB’s bridging business.
“Owen Bentley and Nikki Brett have been outstanding in maintaining Bridging’s momentum and delivering a superb performance.
“I am confident that Sundeep, Owen and Nikki will be a strong and successful team, leading UTB’s bridging business to the top of the table and achieving our long-term objectives.”
