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Richard Thomas (Confirmed)
Managing Director, Global Securities House UK

Richard is Chairman of Gatehouse Bank plc, the 5th Sharia compliant bank recently authorised by the FSA in London, and Managing Director of GSH (UK) Ltd, a Sharia compliant investment and advisory firm also based in the City of London and also authorised by the FSA. Both companies are ultimately subsidiaries of The Securities House KSCC of Kuwait. In a career spanning 29 years in Merchant and Investment Banking in the City of London , the last 25 years have been entirely in “Islamic Financial Services” and dedicated to establishing the Islamic economic model as viable in the heart of the City of London. Richard has previously worked for Saudi International Bank, United Bank of Kuwait and Arab Banking Corporation, helping set up the Islamic asset management units in each one. He left ABC in 2007 to follow the vision of Mr Ayman Boodai, set up GSH (UK) Ltd and join the foundation committee to set up Gatehouse Bank plc from scratch. Richard is a Fellow of the Securities & Investment Institute (SII). He is member of the UK Trade & Investment (UKTI) Financial Services Sector Advisory Board and Chairman of the Islamic Finance Sub Group. Richard is recently appointed by UKTI as Special Representative for Kuwait. In addition he is an HMRC Tax Advisory Group member (IFS). He is also a British Expertise Advisory Council Member and a member of the Global Association of Risk Professionals (GARP). GSH UK is a member of the Middle East Association.

 
 

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