Founder & MD, Fair Finance
Faisel has worked in the field of financial exclusion for 20 years designing financial products for the ‘unbanked’. He is an occasional columnist for The Guardian on financial exclusion issues and was elected President of the European Microfinance Network in 2012 where he has helped develop EU wide policy on fostering financial inclusion across the continent.
Diversity and Inclusion
Leadership in Uncertainty
Faisal Rahman biography
After working at the Grameen Bank and World Bank in Bangladesh, Faisel developed the first microcredit program in the UK in 2000. Over the next five years, he helped hundred of excluded women start businesses and received accolades from the UK Government, Bank of England and the New York Federal Reserve Bank.
In 2005 he launched Fair Finance, a social business that aims to revolutionise personal finance to make it more inclusive and equitable. Fair Finance has grown to become one of the most innovative and respected community finance initiatives in the country. It is a pioneer in raising both commercial finance from mainstream banks, and social investment to become sustainable and scalable.
In 2007, Faisel was elected one of the first UK Ashoka Fellows in recognition of his work in social enterprise and the potential to make system changing impact. In 2009, he was elected a Young Global Leader by the World Economic Forum. In 2013 the UK Prime Minister awarded Fair Finance a Big Society Award in recognition of its work in tackling exclusion, social finance and supporting business.
Faisel received an OBE for Services to Community Finance in 2014 and a Honoury Doctorate from UEL in 2015.