About
Mission Statement
Our mission is to optimise and streamline the sharia-compliant commodity transactions trade lifecycle by providing expertly-crafted STP automation solutions. We strive to be the go-to provider for companies looking to efficiently and effectively conduct their commodity business in a manner that is consistent with sharia principles. By consistently delivering exceptional service and staying at the forefront of technological innovation, we aim to establish ourselves as the leading provider of sharia-compliant commodity STP automation solutions.
Purpose
We believe in encouraging the technological innovation and evolution of the Islamic Finance industry.
Vision
To be the premier choice for Shariah-compliant Fintech solutions.
Values
We commit to upholding the highest levels of service to our clients by being highly proactive, reactive and efficient while keeping the needs of our customers at the heart of everything we do.
We aim to provide a truly unique service to each customer by being perceptive of their requirements and delivering customised solutions.
We are committed to delivering real value to our customers through forward-thinking technological innovation.
Being conscious of Islamic traditions and sensitive to their presence within the business practices of our customers.
Building long-term trusting relationships with our customers through honesty, transparency and maintaining a focus on being ethical in all that we do.
Team
board of directors
Chairman
Stephen started his banking career in the Treasury department of UBAF Bank Ltd in 1977. Stephen's longstanding career in the Arab and Islamic market place has included periods in Bahrain, Saudi Arabia and London. Prior to starting at Eiger he was Head of Islamic Products at MF Global, FVP Assistant Treasury Manager, Interest Rate and Islamic Products at Arab Banking Corporation, Bahrain and Associate Director, Fixed Income and Derivatives at Daiwa Europe Bank London.
Board Member
Steve Moulder is an accomplished Banking and Treasury executive, with a career spanning 41 years in banking and financial markets, across the United Kingdom and the Middle East. His experience in his most recent roles as Chief Investment and Treasury Officer and Senior Advisor to the Group CEO of Gulf International Bank in Bahrain, comes after having spent 33 years with the organisation in various roles in their Treasury Department.
Non Executive Director
Farahad has worked for over 34 years for major investment banks including Barclays, Bank of America, JP Morgan and Citibank. He has built major e-commerce and trading platforms in FX, Money Markets and Commodities markets. He has also led global teams and was the lead architect in Static and Reference Data as well as in the Cash Settlements and Payments space. Besides that, Farahad is an award-winning novelist whose work has been translated into over twelve languages.
JOINT CHIEF EXECUTIVE OFFICERS
Christopher joined the Company from the MF Global Treasury where he specialised for twenty years in trading foreign exchange, precious and industrial metals, fixed income and commodities, responsible for his own proprietary book. Whilst at MF Global he was also a key member of the team responsible for the development of Islamic Products and the development of markets in the Middle- East.
KEY PERSONNEL
Head of Legal
Upon qualification, Richard joined the corporate team of law firm Osborne Clarke, in the firm's City of London offices, where he gained exposure to a broad range of corporate transactional work, covering M&A, company listings, venture capital, equity fundraising, management buyouts and corporate re- organizations. Following a period as in-house counsel with a leading firm specializing in spread betting and contracts for differences, he was recruited to Solnick LLP, a boutique commercial law practice in London, where he headed the firm's company and commercial department for 5 years, before joining Eiger in 2009.
Compliance Manager
Julian Courtney is a Chartered Accountant with over 32 years financial services experience, which includes two major accounting firms. He has worked in the derivatives industry for 27 years as Head of Compliance and Legal as well as on the board of various companies. He served as Head of Compliance and Legal FIMAT Europe between 1993 and 2000, joining Refco Overseas Limited in 2000. Following the sale of the Refco group in 2005, he was one of the founding directors of Marex Financial Limited and was involved with the winding up of the Refco estate at Director level. He served as Chief Operating Officer of Aviate Global from 2010 to 2012, joining ED&F Man Capital Markets as Global Head of Compliance and Legal in 2012. He left ED&F in 2018 establishing his own compliance consultancy company providing compliance services to various FCA regulated firms. He is currently a FCA registered Compliance and Money Laundering Reporting Officer for two firms. He has dealt with all the major regulators in Asia, Europe, the Middle East and the USA. Julian joined Eiger as a regulatory consultant in September 2020.
Chief Risk Officer
Graeme has joined Eiger Trading Advisors following the completion of a consultancy contract in Bahrain preparing a major bank there for the transition from LIBOR to the Alternative Reference Rates. Graeme started his long treasury career at Standard Chartered in London before moving to the Middle East where he worked for banks in Bahrain, Saudi Arabia, Dubai and Qatar. Graeme’s last Treasury appointment, before becoming a consultant, was with a Maltese bank in both Malta and London. Graeme has an ACI Diploma and an MBA from the University of Durham Business School.
Senior Head of Delivery
Nathan has worked within the UK Financial Services industry for over 30 years within Finance Management and Change Control for Pensions Administration and Asset Management companies, including Capita and Link Group. During this period, he has obtained professional qualifications as a Business Analyst and worked with multiple Project Management styles. He has delivered changes ranging from small Operational bespoke system changes to Industry and Regulatory changes to multi-million pound financial system developments. He joined Eiger in January 2022 to head up our Change Management function.
Head of Trading
Phil has over 30 years of trading experience across multiple asset classes. Starting as a mining analyst, his career has taken him across many markets including Africa, Asia, Middle East and Europe Including working for HSBC, BNP Paribas, and NCB Jeddah as a foreign exchange dealer. After this period Phil moved to BP as a senior metals trader and was responsible for trading, hedging and advising on behalf of BP companies across the precious and base metals markets. Now at Eiger he is Head of Trading.
Associate Director
Harry first joined the company on a university placement in 2010 whilst studying for his business degree. After a brief stint commodity trading elsewhere, Harry returned to Eiger in 2015 as a Junior Trader and has moved up the ranks to become Associate Director.