FIMBank plc, headquartered in Malta, has announced two new senior appointments within its ranks.

Czech national Thomas Dodd will be taking over from UK national Michael John Davis as the bank’s Chief Compliance Officer and money laundering reporting officer (MLRO).

Mr Davis, who retired from the post with effect from 31st August 2021, was thanked for his service with the bank.

FIMBank also appointed Italian national Julio Bonifacino as its new Chief Investment Officer, who joined the bank in July 2020 and has received regulatory approval for the new role.

About Thomas Dodd

Mr Dodd, residing in Malta, obtained his Master of Business Administration with distinction from Warwick Business School, UK and a Bachelor degree with honours in Economics from Manchester Metropolitan University, UK.

Mr Dodd has more than 20 years’ experience in senior compliance, audit and regulatory banking roles.

From 1999 to 2006, he served as a Senior Banking Regulator for the Central Bank of the United Arab Emirates where he led teams performing on-site examinations evaluating the capital adequacy, asset quality, management, profitability and liquidity of domestic and international banks with a presence in the UAE.

In 2007, he joined GE Money Czech Republic as Chief Auditor, leading a team of auditors conducting internal audits and risk advisory assignments both domestically and internationally as part of the GE Capital group.

In 2015, Mr Dodd took on the role of Group Chief Compliance Officer where he led the anti-money laundering, anti-fraud, conduct risk and core compliance teams.

He was closely involved in the IPO process that led to the successful spin-off of the business as an independent entity in 2016.

Mr Dodd also served as a Non-Executive Director for the group’s Leasing subsidiary for three years and was President of the group’s Volunteer organisation from 2013 to 2018. He joined FIMBank on 1 July 2021 and is subject to regulatory approval.

About Julio Bonifacino

Mr Bonifacino, also residing in Malta, obtained his CPA and BA from Udelar in Montevideo, Uruguay, and his Master of Science in Strategic Planning from HeriotWatt University, Edinburgh, Scotland.

He started his career in banking at Citibank in Montevideo, moving later to Mexico, Panama and London, occupying positions as Treasurer, Investment Management Head and Consumer Country Business Head, among others.

Mr Bonifacino joined Burgan Bank in Kuwait in 2013, where he occupied the positions of Deputy of the International Operations Office holding the role of monitoring the banking subsidiaries of the Burgan Bank Group, and Head of Subsidiaries Banking Unit where he was responsible for the funding and capital needs of those subsidiaries as well as strategic associates of the same Group.