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Al Rayan Bank confirms appointment of new CCO

Simon Thompson | 13:30 Tuesday 26th March 2019

Al Rayan Bank has appointed Maisam Fazal (pictured above) as chief commercial officer (CCO).

Maisam has been acting as interim CCO since October 2018.

He will now be responsible for business development, commercial strategies and commercial activity for all branches, offices and business development managers throughout the UK.

Since 2013, Maisam has overseen the successful launch of several new commercial finance facilities and also helped to grow the bank’s commercial asset book from £11.7m at the end of 2012 to almost £500m today. 

Maisam said: “It has been great to be a part of the growth and success that Al Rayan Bank has experienced in recent years, especially as we celebrate our 15th anniversary.

“I’m proud to have been appointed into this new role and look forward to developing bespoke products designed to meet the needs of our customer base.

“There are many exciting opportunities ahead for Al Rayan Bank, and I will be continuing to work closely with all business areas and offices across the country to develop our sharia-compliant ethical offering, going above and beyond expectations to appeal to customers of all faiths and none.”

The role will be based at the bank’s commercial office in London’s West End.

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