STOCK TITAN

Global Asset Management Group (KENS) appoints banking executive Robert Fiallo as independent director

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

Global Asset Management Group, Inc. reported a leadership change as its Board of Directors appointed Robert Fiallo as a new independent director, effective December 4, 2025. The company describes this move as part of its effort to strengthen its business infrastructure and corporate governance as it enters a new phase of growth and strategic development.

Fiallo, age 58, brings over 30 years of executive experience in financial services, including commercial and retail banking, mergers and acquisitions, and residential mortgage lending. He has previously served as Chairman and CEO of several banks, and most recently led the acquisition and later sale of an international bank based in San Juan, Puerto Rico to a NASDAQ-listed bank holding company.

The filing also notes that Fiallo is currently working to form a new de novo institution, U.S. Trust International Bank, in the U.S. Virgin Islands with former U.S. Attorney David Nissman, which is expected to open during the first quarter of 2026.

Positive

  • None.

Negative

  • None.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_____________________________________________________________

 

FORM 8-K

_____________________________________________________________

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(D)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported):  December 4, 2025

_____________________________________________________________

 

GLOBAL ASSET MANAGEMENT GROUP, INC.

 

 

Wyoming

 

0-08962

 

84-1641415

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

51 Monroe Street, Suite 1505

Rockville, MD 20852

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (240) 398-8319

 

_____________________________________________________________

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:  NONE

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company 

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

   

Item 5.02   Departures of Directors or Certain Officers; Election of Directors; Appointments of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Effective December 4, 2025, the Board of Directors appointed Robert Fiallo as a Director of the Company.  As an independent Director, his appointment reflects the Company’s commitment to strengthening its business infrastructure and corporate governance procedures as it enters a new phase of growth and strategic development.

 

Robert Fiallo, age 58, has well-established roots in financial services, with over 30 years of executive experience. He's managed all aspects of commercial & retail banking, mergers & acquisitions, and residential mortgage lending.

 

Mr. Fiallo has served as the Chairman & CEO of numerous banks. Most recently, he led the acquisition and subsequent sale of an international bank headquartered in San Juan, Puerto Rico to a bank holding company listed on the NASDAQ.  Robert is currently in the process of forming a de novo bank in the U.S. Virgin Islands in partnership with former U.S. Attorney David Nissman.  This new entity, U.S. Trust International Bank, is expected to open during the first quarter of 2026.

 

 

2

 

  

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

GLOBAL ASSET MANAGEMENT GROUP, INC.

 

 

 

 

 

Dated:  December 4, 2025

By:

/s/ John Murray

 

 

Name:

JOHN MURRAY

 

 

Title:

President

 

 

 

3

 

FAQ

What corporate change did Global Asset Management Group, Inc. (KENS) announce?

The company announced that its Board of Directors appointed Robert Fiallo as an independent director, effective December 4, 2025, under the director and officer changes item.

Who is Robert Fiallo, the new director at Global Asset Management Group, Inc. (KENS)?

Robert Fiallo, age 58, has over 30 years of executive experience in financial services, covering commercial and retail banking, mergers and acquisitions, and residential mortgage lending, and has served as Chairman and CEO of numerous banks.

Why did Global Asset Management Group, Inc. (KENS) add an independent director?

The company states that appointing Robert Fiallo as an independent director reflects its commitment to strengthening its business infrastructure and corporate governance procedures as it enters a new phase of growth and strategic development.

What notable transaction experience does Robert Fiallo bring to KENS?

Fiallo most recently led the acquisition and subsequent sale of an international bank headquartered in San Juan, Puerto Rico to a bank holding company listed on the NASDAQ, highlighting his experience with complex banking transactions.

What other current venture involving Robert Fiallo is mentioned in the KENS filing?

The filing notes that Fiallo is in the process of forming a de novo bank, U.S. Trust International Bank, in the U.S. Virgin Islands with former U.S. Attorney David Nissman, which is expected to open during the first quarter of 2026.

Does the Global Asset Management Group, Inc. (KENS) 8-K mention any securities registered on an exchange?

The report states that there are no securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934 for the company.