EIIB readies UK launch


European Islamic Investment Bank (EIIB) has named its senior management team as it prepares for its UK 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 also said Grant Lowe will head risk management. He has moved from the South African Reserve Bank, where he worked in risk management.

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