European Islamic Investment Bank prepares for 2006 launch


European Islamic Investment Bank (EIIB), planned to be Britain's first halal bank, has named its senior management team as it prepares for launch next year.

Tony Ellingham, formerly chief financial officer of Gulf International Bank, has joined EIIB as finance director. He was previously group head of internal audit at Schroders and also chief financial officer at Schroder Private Bank.

EIIB has announced that Grant Lowe will head risk management. He has moved from the South African Reserve Bank

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