Fimbank has appointed Michael Davakis as senior vice-president and head of treasury.
He reports directly to the bank’s CEO, Murali Subramanian.
A macro-economist by training, Davakis has previously held positions at Dresdner Bank, Bank of America, HypoVereinsbank, Dresdner Kleinwort Wasserstein and Piraeus Bank.
Commenting on the appointment, Subramanian explains that having a senior manager with Davakis’ background reflects the importance that Fimbank is giving to the treasury side of its business. “We are glad to welcome Michael as a member of our team. We are confident that his extensive experience and expertise in treasury will serve to develop further and boost Fimbank’s service portfolio in this area,” he says.