FIMBank Chairman John C. Grech commends outgoing CEO for ‘tremendous’ work

FIMBank Group Chairman John C. Grech has lauded outgoing CEO Adrian Gostuski for the great work he has done over the years, having been appointed during the challenging time of the COVID-19 pandemic.

He was speaking during a reception that FIMBank plc held for its local corporate clients at the Corinthia Palace on Friday. The annual event, which serves as an opportunity for the bank’s Executive Management and Relationship Managers to interact with clients, was attended by a significant number of corporate clients this year.

As he welcomed the guests present, Dr Grech emphasised the bank’s efforts to expand its presence in Malta, with it recently embarking on increasing its services to Malta-based corporate clients operating in various industries. This comes after the success it had in its real estate financing segment.

“We firmly believe that it makes sense to further accelerate our efforts locally and grow further beyond our real estate offering,” he said.

He remarked that this expansion “further emphasises the bank’s commitment towards customer centricity”, an objective that remains FIMBank’s “collective vision”.

During the address, Dr Grech also formally announced the official approval of new CEO Mohammed Louhab, replacing Adrian Alejandro Gostuski. The appointment was first announced back in June, as the outgoing CEO decided to relinquish his position in order to retire.

Dr Grech said that Mr Gostuski did a “tremendous job” over his years at the bank, having been appointed during the heights of the pandemic.

Mr Gostuski first served as Acting CEO of the bank from March 2020, before he was then confirmed CEO in April 2021. He is set to continue serving FIMBank as an Advisor.

Mr Louhab recognised the work done by his predecessor during his tenure as CEO.

He also affirmed that the “pursuit of a customer-centric philosophy” is still “at the forefront” of FIMBank’s strategy. “I am committed to deliver the best to FIMBank and our clients,” he continued.

The event also featured a selection of art by renowned artists which were on display and available for purchase. One of the paintings on display of Marsamxett Harbour was won by one of the bank’s clients following participation in a raffle competition where all the proceeds were donated to charity. The funds collected by clients, guests, and a donation by FIMBank led to a sum of €5,000, which was donated to St Angela’s House.