Sultan Choudhury

Chief Executive Officer (CEO) and Director, Al Rayan Bank
People

Sultan Ahmed Choudhury is an English banker, chartered accountant and the Chief executive officer of Al Rayan Bank (formerly Islamic Bank of Britain).

Early life

In 1994, Choudhury graduated with a BA (Hons) in Economics and Econometrics from the University of Nottingham. His interest in Islamic finance began at this time. In 2001, he graduated with distinction in MBA from Aston Business School.

After qualifying as a chartered accountant, his desire to enter the field of Islamic finance became clear when he went on Hajj (the largest Islamic pilgrimage to Mecca, Saudi Arabia) in 2002.

Career

From July 1994, Choudhury worked in Assurance and Advisory Practice at Deloitte & Touche. From September 1998 to December 2003, he was Director of brokerage operations at Charles Schwab Europe and Barclays Private Bank.

In January 2004, Choudhury joined the founding management team of the Islamic Bank of Britain (IBB), the first dedicated Islamic bank in the West. He was appointed Commercial Director in June 2007. He set up the Islamic Bank of Britain's Head Office Operations and Branch Network and has led the development and implementation of the bank's product range and service delivery channels.

Choudhury is a member of various Community and Government advisory groups and has contributed to the development of Islamic Financial Services in the United Kingdom. He is a Chartered Member of the Chartered Institute for Securities & Investment (for whom he sits on the Employer Panel for the Islamic Finance Qualification).