Sherr has spent almost four decades in finance and previously enjoyed a spell at Coutts & Co where he developed their film, music and video games finance capability.
He will now be tasked with managing all aspects of UTB’s credit risk, and ensuring that the Bank has the correct tools, systems and processes in place to maintain a robust credit position.
Sherr said: “United Trust Bank is an ambitious and innovative bank with a hugely capable leadership team and exciting plans for the future.
“United Trust Bank has established a reputation for providing excellent service to its brokers and borrowers and my aim is to maintain our flexible and pragmatic approach to lending whilst ensuring that our credit decisions are based on solid information and sound judgement.”
Graham Davin, chief executive officer of United Trust Bank, added: “I am delighted that Rob has joined United Trust Bank in this key role.
“He brings considerable experience gained over a successful and varied banking career and this will be very beneficial to the Bank as it continues to grow its business with new products in new sectors.”
“Sherr takes over the role of head of credit from United Trust Bank shareholder and managing director Roger Tidyman who, after 18 years at the bank, is moving to a new challenge within UTB in a mentoring and product development role.”