United Trust appoints Murley as chairman

United Trust appoints Murley as chairman

Richard Murley has been appointed as new chairman of United Trust Bank, following the retirement of Nicholas Clegg CBE.

Previously, Mr Murley was chairman of the University College London Hospitals Foundation Trust since 2010.

The trust is one of the most complex NHS trusts in the UK comprising six hospitals with a combined turnover of £934m and more than 8,000 members of staff.

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Mr Murley is a qualified solicitor and has worked within the City of London for more than 30 years.

He started his career at Linklaters & Paines after a law degree from Oxford University, before moving into investment banking with Kleinwort Benson.

Between 2003 and 2005 he took up a secondment as director general of The Takeover Panel following which he joined NM Rothschild & Son, where he is an executive vice chairman.

Mr Murley is also a trustee of Crisis, the national charity for single homeless people.

Mr Murley said: “I am delighted to be joining the board of United Trust Bank and I’m very much looking forward to assisting Graham and the management team as they move the Bank into the next stage of its successful development.

Announcing his appointment, Graham Davin, chief executive officer of United Trust Bank, said: “We are all delighted that Richard has agreed to join United Trust Bank as chairman.

“He arrives at a key juncture where the bank has emerged as a rapidly developing, organic, management controlled organisation, which is transitioning into a larger business with a growing impact and influence on its markets.

“Richard brings a fresh pair of eyes, risk skills honed in the medical care sector and significant merger and acquisition experience.”