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Gatehouse makes clutch of leadership changes


Gatehouse Bank has made a batch of leadership changes, including deputy chairman Lord Carrington and board director Mohamad Al-Tahawy resigning.

The shariah-compliant bank has also hired former Barclays managing director of mortgages Andrew Gray as non-executive director

Chairman Fahed Boodai has resumed his role, having been interim chief executive while handing over to current incumbent Charles Haresnape.

Haresnape joined the lender earlier this year after leaving Aldermore, where he was group managing director of mortgages.

Haresnape says: “With these changes, we believe the bank’s board has the appropriate balance of skills and experience that will be key for its next stage of development.”

Boodai says: “I welcome these changes and take this opportunity to extend my sincere gratitude to the departing directors, all of whom served the bank from its early years and helped to position it to deliver continued success in the future.”

In May, Gatehouse said it would expand into residential and buy-to-let mortgage lending later this year for the first time.



Former TSB head of property risk joins Gatehouse

Shariah compliant bank Gatehouse has appointed former TSB head of property risk Paul Stockwell as chief commercial officer. In May, Mortgage Strategy revealed that Gatehouse Bank will launch into the mainstream residential and buy-to-let mortgage market later this year. Prior to TSB, Stockwell worked for Aldermore Bank where he was responsible for all property development, […]


Gatehouse targets mainstream market with Sharia mortgages

Gatehouse Bank will expand into residential and buy-to-let mortgage lending later this year for the first time, led by former Aldermore group managing director Charles Haresnape. Gatehouse will lend exclusively through brokers. Until now, the lender has provided only commercial mortgage lending. The lender plans to first concentrate on “competitive” standard residential mortgages at middling […]

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