MeDirect appoints Bart Bronselaer as Chairman

Bart Bronselaer has been appointed as MeDirect’s Non-Executive Director, Chair of the bank and its parent holding company MDB Group Limited.

His appointment is yet to become effective as it is subject to and is currently awaiting regulatory approval.

Upon approval, Mr Bronselaer will be replacing Michael A. Bussey as Board Chair. After almost eight years as Chair, Mr Bussey will be leaving the bank to pursue other interests, including his recent appointment as a trustee of the London Clinic, one of the largest private hospitals in England. He will also join the Expert Advisory Panel of AnaCap Financial Partners, the bank’s controlling shareholder.

During Mr Bussey’s time as Chair, MeDirect navigated the challenges of the COVID-19 pandemic whilst continuing to grow its businesses, expanding its client base and building a “state-of-the-art technology platform.”

The bank thanked him for “his dedicated and professional service as Chair and wishes him well in his new endeavours.”

Who is Bart Bronselaer?

Mr Bronselaer has held the role of Director of the bank’s Belgian subsidiary, MeDirect Bank S.A. since January 2021. Additionally, he chairs its Board Risk and Compliance Committee and is therefore well acquainted with the MDB Group and its operations.

He has more than 20 years of experience in European institutional financial services, having started his career with Merrill Lynch International in London.

In 2003, he became an independent expert in financial services and in 2012 joined the Board of Directors of Dexia Holding (at the time named Dexia N.V), and Dexia (earlier named Dexia Crédit Local), where he was President of the Risk Committee and a member of the Audit Committee.

From November 2019 until May 2020, he was the interim Chief Executive Officer and Chairman of the Management Board of Dexia.

Mr Bronselaer remained a Director of Dexia Holding and Dexia until May 2024. He is also a member of the Board of Directors of United Pensions.

He holds Master’s Degrees in Industrial Sciences, Information Sciences, and in Business Administration. He also participated in the Risk Management in Banking Programme in INSEAD.