Mohammed Louhab’s appointment as new FIMBank Group CEO granted regulatory approval

Mohammed Louhab’s appointment as FIMBank Group’s new CEO has been granted regulatory approval, the bank announced on Friday (today).

He has also been named Executive Director of the bank.

Mr Louhab’s appointment was first announced back in June, following former CEO Adrian Alejandro Gostuski’s decision to relinquish his position in order to retire. Mr Gostuski, who was first appointed CEO back in April 2021, will now continue to serve FIMBank as an Advisor.

Mr Louhab has worked as Financial Advisor at Kuwait-based Burgan Bank since 2021, having previously also served as Financial Advisor for Bahrain’s UGB from 2015 until 2020.

Additionally, he is also Director on the Board of Directors at Tunis International Bank (TIB) and Gulf Insurance Company, having occupied the positions since 2015. Mr Louhab is also Chairperson of the TIB Board Audit Committee.

Mr Louhab’s career also includes experiences as Chairman of CNEP Bank, as well as CEO of both Trust Bank and AGBank. Prior to heading various banks, Mr Louhab was responsible for banking regulation, credit control, and refinancing at Banque d’Algérie: Central Bank.

He holds a Licence in Economy and a Magister in Management from the Institute of Political Studies in Algiers, and also a Master in Banking from the Institut des Techniques Bancaires, Paris. Mr Louhab also has an academic qualification in High Studies of Banking Economy from FINAFRICA, Milan.

With roots dating back to 1994, FIMBank Group is a provider of trade finance, factoring and forfaiting solutions, with a global presence in various financial and trading centres.