FIMBANK

Erich Schumacher has stepped down from his role as Group Chief Operating Officer at FIMBank.

His resignation came into effect on 3rd September 2023 after having occupied the role for four months.

He was appointed to the role in late April 2024, with his position taking effect in May 2024. Prior to that, he served as a Non-Executive Director at the bank for two years.

The bank extended its appreciation and gratitude towards Mr Schumacher for his service to the bank.

FIMBank is a provider of trade finance, factoring and forfaiting solutions with a global presence in different financial and trading centres.

FIMBank Group was established in 1994 with the creation of First International Merchant Bank Ltd, whose operations commenced in 1995.

Later, in 2001, its shares were listed on the Malta Stock Exchange and officially changed its name to FIMBank plc.

Related

TradeMalta names Tania Brown as new CEO 

20 November 2025
by Sam Vassallo

This comes after former CEO Anton Buttigieg stepped down from the role.

Europe pauses its AI rules: Maltese experts caution against ‘shooting ourselves in the foot’

20 November 2025
by Sam Vassallo

The EU is delaying central parts of the Artificial Intelligence Act in favour of more innovation - but at what ...

Anton Buttigieg takes on new role as International Trade Advisor

20 November 2025
by Nicole Zammit

This role comes after he spent a decade at the helm of TradeMalta.

‘Road ahead must be different to the one behind us’ – Finance Minister Clyde Caruana

19 November 2025
by Robert Fenech

The Minister was speaking at the signing of an MoU between PEVCA Malta and Invest Europe.