A year ago we acquired a building on Stratford Place in central London, with the aim of bringing our commercial and premier banking teams together under one roof. We knew that one location would make collaboration between the teams easier and that would allow us to better serve our customers.
Shortly after the acquisition of the building, a high-specification renovation followed, where we created quality offices and first-class facilities for customers while maintaining the original features of the five-floor, 18th century building. Our new Head Office also serves as the base for our Board and Executive Management teams and provides a place for colleagues from our parent company, Masraf Al Rayan, and our operational office in Birmingham, to meet and work together.
Our official opening ceremony on 5 July was hosted by His Excellency Sheikh Hamad Bin Faisal Bin Thani Al Thani, Vice Chairman of Masraf Al Rayan QPSC, and Michael Williams, Chairman of Al Rayan Bank. We also welcomed His Excellency Fahad bin Mohammed Al Attiyah, Ambassador of the State of Qatar to the United Kingdom, as well as key clients and board members from Al Rayan Bank (UK) and its parent bank in Qatar, Masraf Al Rayan.
Michael Williams, Chairman of Al Rayan Bank, said of our Head Office: “It represents more than just an impressive physical space – it is a flagship for the wider group, evidencing our commitment to growth, and to serving our customers with the utmost dedication. It’s a move that follows a particularly strong period of growth for the bank. We delivered a record financial performance last year, driven by our new strategic focus on commercial and premier banking, and we are well placed to continue to grow and build on the benefits that our new strategy and head office will deliver.”
The Vice Chairman of Masraf Al Rayan, Sheikh Hamad Bin Faisal Bin Thani Al Thani, said: “The opening of this new head office represents a significant milestone in our journey and solidifies Al Rayan Bank’s position as the leading provider of Islamic finance in the UK. The remarkable progress of Al Rayan Bank is a testament to the Group’s unwavering commitment to excellence and we remain steadfast in our commitment to support the organisation and its team as they drive innovation and set new standards.”