FIMBank plc – Appointment of CEO and Deputy CEO

FIMBank p.l.c. announces the appointment of Mr Muralidhar Rama Subramanian as FIMBank’s new Chief Executive

Officer (CEO). Mr Subramanian, an Indian national, currently residing at Villa 42, The Avenue, Terranova, Arabian

Ranches, Dubai, UAE, is a senior banker with a proven track record of over 27 years in developing and executing

strategy to build Trade Finance and Transaction Banking services.

Mr Subramanian was previously employed as Executive Vice President at Abu Dhabi Commercial Bank where he held the position of Head of Transaction Banking of the group.

The appointment of Mr Subramanian will be effective as from the 6 August 2015 and is subject to the approval of

the MFSA, as well as the completion of all other mandatory formalities.

Mr Simon Lay, who has held the position of Acting CEO since January 2015, will be appointed as Deputy CEO and will also maintain his position as Managing Director of London Forfaiting Company Ltd.

There is no matter concerning Mr Subramanian that requires disclosure under Listing Rules 5.20.5 to 5.20.9.

To view the official company annoucnement, click here.