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