Margrith Lьtschg-Emmenegger, formerly MD and global head of forfaiting at WestLB in London has decided to call it a day after 12 years at the bank. She has taken up a position at FIMBank in Malta as Executive Vice-President with a mandate to "try to grow the bank internationally - maintain and develop further the already excellent reputation established", she says. FIMBank has traditionally concentrated on the Middle East and African trade business - something that she aims to open up and expand globally.
"My dream would be to be a 'one-stop shop' for exporters with a fairly global/international presence and being perceived as a top quality provider - not the biggest but one of the best by reputation", she adds.
Margarith commented that “at FIMBank, trade finance/forfaiting/factoring will be core products that we would like to bring to the next level. It will be very exciting and satisfying for everybody - the customers, the team, as well as the shareholders...