Shariah-compliant bank Gatehouse Bank has appointed Charles Haresnape as its new chief executive.
The London-based bank, which has a particular focus on real estate finance and investment, hired Haresnape to replace Fahed Faisal Boodai, chairman and co-founder of Gatehouse Financial Group, who has acted as CEO of the bank during the past year. Boodai will return to his role as the group’s chairman.
Haresnape has been hired from Aldermore, a UK-based specialised lender, where he spent six years as group managing director, overseeing the mortgages arm. Haresnape previously worked at Royal Bank of Scotland where he headed mortgage intermediary sales for both the lender and NatWest for more than 10 years.
Gatehouse Bank was founded in 2007 and focusses on investment and financing deals for clients across the Middle East, South East Asia and Europe. The bank’s real estate finance team arranges financing for a clients including investors, asset managers, REITs and developers.
“We work across the spectrum, from plain vanilla real estate financing to more complex structures, using senior and mezzanine finance in the UK and across major continental European markets,” the bank says on its website.
“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,” said Haresnape.