FIMBank has announced that it has accepted Group CEO Adrian Alejandro Gostuski’s request to relinquish his position after he “expressed a willingness to retire”.
The Board of Directors expressed its “appreciation and gratitude” towards Mr Gostuski for his dedication and service to the Bank throughout the years.
In light of his experience, the Board deemed it “befitting for him to act as an Advisor” to the bank.
Mr Gostuski, a French national, was appointed CEO in April 2021, having served as Acting CEO since April 2020.
He 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.
Replacing Mr Gostuski will be Mohammed Louhab, who was appointed Director during the bank’s last annual general meeting.
Mr Louhab, a resident of Algeria, will be taking on the role upon Mr Gostuski’s retirement, at a date that will be communicated once the required formalities are completed.
Mr Louhab is a Financial Advisor at Burgan Bank (Kuwait) since 2021. Mr Louhab is also a Director on the Board of Directors at Tunis International Bank (TIB) and Gulf Insurance company since 2015. He is also the Chairperson of the TIB Board Audit Committee.
He holds a License in Economy and a Magister in Management from the Institute of Political Studies, Algiers (1971-1975). In addition, he holds an academic qualification in High Studies of Banking Economy from FINAFRICA, Milan (1982) and a Master in Banking from the Institut des Techniques Bancaires, Paris (1981-1987).
‘At some point sales will fall’: Norman Aquilina cautions on grocery retail sector growth
'More stores do not create more demand, they simply redistribute existing spend across a larger base,' he says.
Atlantis Management appoints Anndrea Moran as Head of Legal
She serves as an Executive Committee Member of the Malta Maritime Law Association.
Michael Frendo retires as BNF Bank Chairman and Director
BNF thanks Michael Frendo for his commitment and professionalism over the years.
Record profits ‘confirm APS on the right trajectory’ – Chairman Martin Scicluna
APS Bank more than doubled its interim dividend after posting record interim results.
