UTB and LiveMore appoint new COOs

Find out who's got the job at United Trust Bank and LiveMore

UTB and LiveMore appoint new COOs

United Trust Bank and LiveMore have both appointed new chief operating officers (COOs) as part of their ongoing efforts to enhance operational efficiency and drive growth.

Specialist lender United Trust Bank has named Michael Rennie (pictured left) as its new COO, succeeding Rob Sherr, who will retire next year.

Rennie brings over 20 years of experience in financial services, having held various executive positions, including chief operating officer, chief digital officer, and chief information officer at Cynergy Bank. He has also served as chief information officer at Genworth Financial and spent six years as a management consultant with KPMG. Most recently, Rennie ran a digital and technology consultancy business.

“I was attracted to UTB’s clear vision, great culture and top talent,” Rennie said. “I’m looking forward to working with the team to build on these strong foundations and drive innovative solutions that make banking simpler and more accessible.”

Meanwhile, later life lender LiveMore has appointed David Wilson (pictured right) as its new COO.

Wilson previously served as director of operations at Barclaycard UK, overseeing service delivery to 18 million customers. His early career was in hi-tech manufacturing in the UK and the US, leading large teams of people to develop, build and distribute products across various industries. He moved into financial services in 2010 where he has held senior roles across retail and corporate banking.

At LiveMore, Wilson will be responsible for scaling operations, aligning teams, and optimising processes to support the company’s growth strategy.

“I consider myself extremely fortunate to have joined an amazing team of super talented individuals who care deeply about the huge social value impact that LiveMore is able to deliver on a daily basis,” Wilson said. “The firm has a well-articulated and intelligent business model that focuses on leveraging technology to address a clear and scalable social challenge.”

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