West Midlands-based finance supplier Offa is appointing Riaz Husain to their board of administrators.
In his position as non-executive director, he’ll supervise the board’s efficiency in respect of its statutory governance obligations and chair conferences of its Threat and Audit Committee.
He beforehand served as a senior regulatory supervisor of economic establishments on the Financial institution of England Prudential Regulation Authority (PRA) from 2014 till his retirement in 2019.
Previous to that, he constructed up intensive expertise working for main insurance coverage firms as an actuary between 1975 and 2013.
Offa’s govt chairman Sultan Choudhury OBE says: “We’re delighted to have Riaz be a part of the Offa board.
“His immense expertise, tremendous analytical thoughts and unbiased concepts will likely be invaluable to our govt crew.”
Husain says: “Offa’s board of administrators and executives boasts a breadth of experience, which embrace leaders in Islamic finance, extremely skilled bankers and actual property professionals.
“I’m excited to be becoming a member of them throughout this pivotal part as they broaden the enterprise.”
Offa was launched in 2019 to supply better option to property buyers from the UK’s 4m sturdy Muslim neighborhood who wish to entry finance in keeping with their Islamic beliefs.