Published: July 16, 2010
Gatehouse Bank’s Richard Thomas has been working in Islamic finance for the best part of 30 years. He tells Tim Burke how he’s seen the industry change – and why the opportunities today are greater than ever.
Some 30 years separate Richard Thomas’s current role as CEO of Islamic bank Gatehouse and his first job in trade finance counting furs in a dark warehouse. During that time much has changed in the financial markets, but for Thomas there’s been a constant: financing business should be about business – its stock, its assets, its people, and not derivatives or other fancily packaged instruments.