MeDirect makes ma­jor in­vest­ment in credit mar­ket ca­pa­bil­i­ties

The Malta Independent on Sunday - - BUSINESS & FINANCE -

MDB Group (MeDirect), a panEuro­pean ECB reg­u­lated en­tity with banks in Malta and Bel­gium, has an­nounced an im­por­tant strate­gic hire to its se­nior man­age­ment team. This will strengthen its grow­ing cor­po­rate lend­ing busi­ness and to spear­head the bank’s di­ver­si­fi­ca­tion into new and ad­ja­cent prod­uct ar­eas.

Michael Cur­tis will join as Chief In­vest­ment Of­fi­cer of the Group, re­port­ing to Mark Wat­son, CEO, and will be re­spon­si­ble for lead­ing the core credit ac­tiv­i­ties of the bank, whilst de­vel­op­ing new and ad­ja­cent busi­ness lines to en­hance the strate­gic de­vel­op­ment of the Group. Cur­tis joins MeDirect’s team in Lon­don.

Com­ment­ing on the ap­point­ment, CEO Mark Wat­son said: “Hir­ing Michael un­der­lines our be­lief in the long term po­ten­tial of our cor­po­rate lend­ing busi­ness and in broad­en­ing our in­vest­ment ca­pa­bil­ity. We are de­lighted to have at­tracted this ex­cep­tional hire to join MeDirect’s se­nior man­age­ment team in the new role of CIO. Michael has ex­cel­lent cre­den­tials and a very strong track record; he will con­trib­ute greatly to strength­en­ing and grow­ing MeDirect’s foot­print.”

Mike Bussey, Chair­man, MDB group fur­ther com­mented: “MeDirect has an ex­cel­lent track record in its core lend­ing ac­tiv­ity and we see sig­nif­i­cant op­por­tu­ni­ties to ad­vance growth in this area. Hav­ing Michael on-board will en­able us to ex­pand into fur­ther prod­ucts and ter­ri­to­ries as we look to build and di­ver­sify into new ar­eas.”

Michael Cur­tis

Newspapers in English

Newspapers from Malta

© PressReader. All rights reserved.