United Trust Bank has appointed Mark Stokes, former managing director - commercial banking, Metro Bank, to the newly created role of chief commercial officer.
Stokes has over 20 years’ experience at executive committee level working with several established and challenger banks including Metro Bank, Lloyds Bank, RBS, Black Horse, and Chartered Trust. Under his leadership, Metro Bank’s commercial business balance sheet grew from £1.2bn to £3.5bn in the four years from 2016 to 2020.
Mark has broad business experience and knowledge of commercial banking including property, asset and motor finance and lending into commercial, SME and consumer markets. He has also led successful strategic reviews, merger and acquisition activity and subsequent integration and change management programs.
In his new role, Stokes will report directly to United Trust Bank Group managing director, Harley Kagan. His key responsibilities include developing and managing UTB’s lending teams, its commercial strategy and proposition and exploring opportunities for UTB to enter and develop new markets.
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