West Midlands-based finance provider Offa is appointing Riaz Husain to their board of directors.

In his role as non-executive director, he will supervise the board’s performance in respect of its statutory governance obligations and chair meetings of its Risk and Audit Committee.

He previously served as a senior regulatory supervisor of financial institutions at the Bank of England Prudential Regulation Authority (PRA) from 2014 until his retirement in 2019.

Prior to that, he built up extensive experience working for leading insurance companies as an actuary between 1975 and 2013.

Offa’s executive chairman Sultan Choudhury OBE says: “We are delighted to have Riaz join the Offa board.

“His immense experience, fine analytical mind and independent ideas will be invaluable to our executive team.”

Husain says: “Offa’s board of directors and executives boasts a breadth of expertise, which include leaders in Islamic finance, highly experienced bankers and real estate professionals.

“I am excited to be joining them during this pivotal phase as they expand the business.”

Offa was launched in 2019 to offer greater choice to property investors from the UK’s 4m strong Muslim community who want to access finance in line with their Islamic beliefs.