MeDirect Group has announced the appointment of Jean-Claude Maher as Group Chief Executive Officer (CEO) and executive director of the Bank and its parent company, MDB Group Limited.
His appointment will take effect upon regulatory approval, marking a significant leadership change for the MeDirect Group.
Mr Maher will succeed Arnaud Denis, the current Group CEO and executive director, who will officially step down from his role on 31st January 2025. The Bank expressed its gratitude to Mr Denis for his valuable contributions to the MeDirect Group during his tenure.
With over 30 years of experience in the banking sector, Mr Maher brings a wealth of expertise to his new role. He began his career at Deutsche Bank AG in 1994, where he held a variety of senior positions across research, corporate banking, transaction banking, private banking, and country management. From 2014 to 2023, he served as Country Chief Operating Officer and Branch Manager for Deutsche Bank in Belgium.
In July 2023, Mr Maher joined the MeDirect Group as an executive director and Chief Operating Officer (COO) of its Belgian subsidiary, MeDirect SA/NV. His responsibilities were later expanded to encompass the role of COO for the entire MDB Group.
Mr Maher holds a master’s degree in Economics and Political Sciences from the University of Cologne in Germany.
Currently residing in Belgium, he plans to relocate to Malta in the coming weeks as he takes on his new responsibilities.
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Kenneth Farrugia said investing in professional development is central to reinforcing Malta’s financial services ecosystem and long-term competitiveness.
He will continue to helps boards and businesses navigate governance, transformation and strategic challenges.
'The bond will enable the group to pursue strategic opportunities in real estate and hospitality development.'
His real wake-up call was the realisation that he was being horrible to his family.