New Head of Conduct and Compliance joins Al Rayan Bank

Al Rayan Bank has confirmed the appointment of Adrian Moore as its Head of Conduct and Compliance at the Bank’s Operational Headquarters in Edgbaston, Birmingham.

Mr Moore joins Al Rayan Bank, the UK’s largest Islamic Bank, after a career in risk and regulatory compliance spanning 14 years, with long-serving roles held at HBoS, Bank of America (MBNA) and Virgin Money.

Most recently Mr Moore served as an Interim Head of Risk and Compliance at Income Group Limited where he was responsible for the design of on-boarding processes and compliance programs, as well as developing and implementing a series of business-critical risk and compliance frameworks for the payroll-focused payment provider.

During his career, Adrian has worked with senior leadership teams to provide guidance and oversight on various compliance programs in the financial and private sector and will draw on his broad business discipline and experience of pricing, credit risk, marketing and product management in his new position at Al Rayan Bank.

Adrian Moore, Head of Conduct and Compliance at Al Rayan Bank, said of his appointment, "I look forward to working with the brilliant team here at Al Rayan Bank who are working incredibly hard to meet the needs of our customers and maintain the high levels of safety and security we provide in a fast changing sector. Expert management of conduct and regulatory compliance and delivering positive customer outcomes has become even more critical to the financial services sector and I’m going to use my experience to work with Al Rayan Bank's senior leadership team to ensure we deliver best-in-class for our customers."

Commenting on Adrian’s appointment, Peter Horton, CEO at Al Rayan Bank said: "Adrian’s past experience will be invaluable to the Bank’s development. Compliance and regulatory oversight are at the core of everything we do at Al Rayan Bank, and Adrian joins us as we continue to expand our operations in a secure and regulated environment for our customers."

Founded in 2004 as the first Islamic retail bank in Europe, Al Rayan Bank currently serves more than 90,000 customers and has a current asset book of more than £2bn. A recent independent study into the economic impact of Al Rayan Bank found that it delivered £389million to the UK economy in 2018.

As an independent UK bank, Al Rayan Bank is authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA.

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