FIMBank has announced that as from 31st March 2020, Adrian Gostuski has been appointed as Acting CEO of the Group, subject to regulatory approval.

Mr Gostuski started his career at PWC before joining Citibank, where he occupied various positions in Buenos Aires, New York, Singapore and Mexico City, as Managing Director and Chief Financial Officer for corporate banking in Latin America. He joined Barclays Bank in London in 2008 as Chief Financial Officer - Operations and Technology, for global retail banking. He joined Burgan Bank in 2011 as the Group Chief Operating Officer. He is also a Director at Burgan Bank, Turkey.

“Building on FIMBank’s expertise, strong foundations and good governance, we shall focus on driving consistent value generation for our shareholders. This can only be achieved by providing innovative and effective solutions, which anticipate and cater for the evolving business needs of our clients,” Mr Gostuski said.

He has replaced Murali Subramanian, who served as FIMBank Group CEO for five years. During his tenure, Mr Subramanian oversaw the successful turnaround of the Group, registering healthy profits as the Bank’s capital and asset bases grew. Throughout this period, FIMBank optimised its operational efficiencies, ensuring a sustainable framework for the following years and those yet to come.

“We welcome Mr Gostuski as the new Acting CEO of the FIMBank Group. Having been an active member of the FIMBank Board for the past seven years, he is well-positioned to achieve our target objectives, as the Bank strives to make its business model fundamentals even more attractive, generating sustainable value for all stakeholders,” said Dr John C. Grech, Chairman of the FIMBank Group.