Gatehouse makes clutch of leadership changes

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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.