Charles Haresnape joins as Gatehouse Bank CEO

LONDON – May, 2017: Gatehouse Bank plc (“Gatehouse” or the “Bank”), a Shariah-compliant Bank based in London, is pleased to announce the appointment of Charles Haresnape as Chief Executive Officer, with effect from the 8th of May. Charles has taken over from Fahed Faisal Boodai, Chairman and Co-Founder of Gatehouse Financial Group (“the Group”), who has acted as CEO of Gatehouse during the past year. Mr. Boodai will return to his role as Chairman of the Group. Charles’s appointment marks an exciting time for Gatehouse, as it seeks to deliver for shareholders on the opportunity, which exists in banking activities, real estate investment and financing, and residential property financing. Charles brings with him extensive experience from Aldermore, a specialised lender in the UK, where he spent six years as Group Managing Director, overseeing the mortgages arm. During his tenure, Aldermore’s mortgage portfolio grew rapidly. Over his career, Charles has worked in a number of senior lending roles, including at Royal Bank of Scotland where he headed mortgage intermediary sales for both the lender and NatWest for more than 10 years. On joining Gatehouse Bank, Charles Haresnape commented: “It’s an exciting time to join Gatehouse and lead the Bank through its next stage of growth, particularly as we focus on growing the core capabilities of the business and identifying new ways to enhance our Bank’s value to all our stakeholders. I look forward to working together with Fahed, the management team and many other colleagues to achieve this.” Fahed Boodai, Chairman of Gatehouse Financial Group, said: “I am delighted to see someone of Charles’s calibre joining us to lead the firm, he will be pivotal in leading Gatehouse during the next stage of its strategy, and I look forward to working alongside him in achieving our ambitions for the firm, our clients and our shareholders.”