United Trust Bank (UTB) has appointed Michael Rennie as chief operating officer (COO) to succeed current chief operating officer Rob Sherr who is retiring in 2025.

Rennie’s career in financial services spans more than 20 years fulfilling several executive roles including chief operating officer, chief digital officer and chief information officer at Cynergy Bank.

Most recently he ran a digital/technology consultancy business.

Upon joining UTB, Rennie said: “I am really excited to be joining UTB at such a dynamic time for the industry, where technology continues to transform how we operate, and customers demand higher levels of service and personalisation.

“I was attracted to UTB’s clear vision, great culture and top talent and 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.”