- Unity Trust Bank (UTB), the UK’s first trade union-owned bank, has appointed Colin Fyfe as its new Chief Executive Officer (CEO).
- UTB, founded in 1984, specializes in providing financial services for charities, trade unions, and other UK not-for-profit organizations.
- Colin Fyfe brings over four decades of banking sector expertise to UTB and succeeds Deborah Hazell, who resigned from the CEO role at the end of the previous year.
- Fyfe previously served as the CEO of Hinckley & Rugby Building Society for over five years, and his successor at the building society is Barry Carter.
- Fyfe expresses his excitement about UTB’s ambition and social objectives, emphasizing the combination of personal service, relationship banking, and community good.
- UTB’s Chairman, Alan Hughes, anticipates Fyfe to be a driving force for the next stage of Unity’s progress, highlighting his strong record of innovation, transformation, and growth.
- The bank notes that it has grown over four-fold since gaining independence from the Co-op Bank in 2015.
Hot this week
Blogs
Banking as a Service: Meaning, Examples, Benefits and Future
The push for open banking has led to a...
Blogs
Best fintech blogs and websites
Fintech (financial technology) has been an interesting part of...
Blogs
Is it worth investing in life insurance over 60?
Is it worth investing in life insurance over 60?
As...
Topics
AI
Lloyds Bank taps Cleareye.ai to streamline trade finance documentation processing
Lloyds Bank has partnered with Cleareye.ai, a California-based...
Banking
Home equity fintech Unlock bags $30m Series B funding
Unlock Technologies, a US fintech founded in 2019,...
AI
Ghana’s Fido raises $30 million in debt and equity to extend AI-powered lending services across Africa
Fido, a Ghanaian fintech, secured $30 million in...
Banking
Alternative investment platform CAIS hires Kan Kotecha as CTO
Kan Kotecha has been appointed as CTO to...
Banking
Anthony Watson steps down from role as CEO of The Bank of London
Anthony Watson is stepping down as CEO to...
Banking
Axway completes €330m acquisition of Sopra Banking Software
Deal Overview: Axway acquired SBS from Sopra Steria...
Banking
EU financial services analytics maturity report
Current State of Analytics: Evaluates the existing analytics...