Gatehouse Bank Announces Appointment of New Chief Executive Officer

May 22, 2014

 

Gatehouse Bank plc, the London-based Shariah-compliant investment bank, is pleased to announce the appointment of Henry Thompson as Chief Executive Officer. Mr. Thompson has taken over from Fahed Faisal Boodai, Chairman of Gatehouse Bank, who has acted as CEO during the past year. Mr. Boodai continues in his role as Executive Chairman.

 

Together with the recent launch of its Wealth Management suite in Mayfair, Mr. Thompson’s appointment reflects Gatehouse’s commitment to the London market and its vision to be the leading Shariah-compliant investment bank offering innovative real estate opportunities and wealth management solutions.

 

Mr. Thompson brings with him 17 years’ experience from a leading Shariah-compliant investment firm, which was a pioneer in the development of real estate, private equity, infrastructure and venture capital investments across the globe. As a founding executive and senior member of management, Mr. Thompson was responsible for developing innovative Shariah-compliant equity investment and financing structures.

 

Mr. Boodai commented on the appointment: “We are delighted with the appointment of Mr. Thompson as Chief Executive Officer, and welcome him to Gatehouse Bank. He brings with him a wealth of sector knowledge, which perfectly complements the activities of Gatehouse Bank. I am confident that, with Mr. Thompson at the head of the firm, Gatehouse Bank will deliver the vision of the shareholders to be globally recognised as the leading Shariah-compliant investment bank that provides the most innovative real-estate investment opportunities and wealth management solutions to our distinguished clients. I look forward to working with him.”

 

On joining Gatehouse Bank, Mr. Thompson commented: “I am delighted to have the opportunity to lead Gatehouse Bank at such an exciting time in the Bank’s history. I am excited by the growth and potential that Gatehouse has to offer and I am committed to building upon the excellent groundwork which has been undertaken over the past years, while continuing to enhance our Bank’s value to all our stakeholders.I look forward to leading the Bank through its next phase of development and beyond.”

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Gatehouse Capital is regulated by the Capital Markets Authority of the State of Kuwait - the regulatory authority responsible for the development and supervision of investment advisory companies operating in Kuwait.

 

As a CMA Regulated company, Gatehouse Capital has been subject to a rigorous evaluation. Gatehouse Capital operates by the latest regulations and meets the highest professional and ethical standards.

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