UTB launched its deposit solutions service in 2023 to provide a relationship-based service that helps finance departments, business heads and high net worth individuals maximise the return on their funds whilst meeting their liquidity needs.

The team’s experience of collaborating with a range of organisations with varied capital requirements means it can tailor products to meet individual objectives. 

And whilst many personal savings products have a maximum £1m deposit, UTB’s deposits solutions team can offer products which exceed that threshold.

Niki joins UTB from Santander where she has held several senior roles including head of charities and not for profit and deposit desk manager.

•   The Finance Professional Show 2023: The Video
•   New platform launches to revolutionise how brokers place specialist finance
•   “there is every reason for optimism”: Paresh Raja talks rate changes and what the market holds for 2024

She is working closely with Stephanie Charsley, head of UTB’s deposit solutions service, to develop the bank’s offering amongst businesses, charity and not for profit organisations and to manage key relationships.

Stephanie commented: “We have had a very positive response to deposits solutions since launching the service in 2023 and I am delighted that Niki has joined UTB to help us offer this bespoke savings management service to even more customers.

“Niki’s extensive experience and knowledge of the corporate savings industry will be hugely valuable as we look to develop our offering, increase awareness of UTB deposit solutions and drive greater inflows of new deposits from businesses, charities and education providers.”