GEMicro is headed by Dr Ralf M. Kroessin, a development economist with over 15 years’ experience working with development and financial institutions. He formerly worked with Chambers of Commerce in the UK and the Centre for Enterprise. Before this he was Assistant CEO of Muslim Aid and then Head of Islamic Relief’s Global Islamic Microfinance Unit.
Ralf holds a Masters in International Economy (University of Kent), a Masters in Development Administration (Westminster Business School), and a PhD in International Development (University of Birmingham). As an experienced strategic leader, with a Chartered Institute for Securities & Investments ‘Islamic Finance Qualification’ under his belt, he currently serves on the board of two Islamic microfinance institutions in Bosnia and Kosovo. He has also worked with Islamic financial institutions in Africa, Asia, the Middle East and Europe.
Head of Compliance
Rahal Ahmed holds a BA Honours in Marketing from the University of Arts London. He formerly worked for a number of financial services firms in the capacity of operations management and program management, including as Head of Personal Loans for FairFinance, London. He has managed and delivered multiple projects focusing on change management, CRM systems integrations and product development.
In his role as Head of Compliance at GEMicro, Rahal is responsible for the legal and ethical integrity of the company and its partners through close supervision and policy support, focusing on strengthening internal control systems, oversight and support of our global operations in accordance with compliance standards of the industry and best practices models, while ensuring harmony with domestic in-country regulatory requirements. He is a Prince 2 practitioner, holding the Chartered Institute for Securities & Investments ‘Islamic Finance Qualification’, and is currently pursuing the Advanced Certificate in Compliance from the International Compliance Association.
Head of Operations
Yasir holds a Bachelor’s degree in IT from NUST (Pakistan) and a Masters in Finance from University of Bedfordshire, UK, and has extensive experience managing Islamic microfinance programmes, including development and deployment of innovative and award winning Islamic financial products.
Yasir was previously appointed by the Ministry of Finance of Pakistan to the Committee for the development of the Prime Minister’s Interest Free Loan scheme, which aimed to provide over £300m in social finance over a period of five years. He has also served as the Chief Operating Officer of the Wasil Foundation, where he developed innovative products including a Master Salam product, for which the Wasil Foundation won the CGAP ‘Islamic Microfinance Challenge’ in 2014. Yasir has also worked with microfinance in west, east and southern Africa.