Lisa Fergus named new MeDirect Bank Group Chief Risk Officer

MeDirect Bank Malta plc on Thursday announced that Lisa Fergus has been appointed Group Chief Risk Officer of its parent holding company MeDirect Bank Group (MDB Group) Limited.

She has also been appointed Executive Director of the bank and MDB Group. Both appointments are subject to and effective upon the receipt of regulatory approval. Once approved, she will also serve on MDB Group’s Board Risk Committee.

Additionally, MeDirect Bank also shared that Jamal Ismayilov has resigned from his role as Non-Executive Director and Member of the Board Risk Committee with effect from Thursday (today).

The bank thanked him for his “valuable contribution” to both MeDirect Bank and the wider MDB Group.

Ms Fergus is an experienced banking professional with more than 30 years of experience across enterprise risk management, compliance, financial crime, internal audit, and corporate governance.

She is currently serving as Chief Risk Officer at UK-based Ashman Bank, a position she has occupied for the past three years. She has also previously held the same position at Monzo, ClearBank and Masthaven, specialising in financial services technology start-ups. Ms Fergus also has extensive experience across retail, wealth, commercial, and international banking, gained through a range of UK-based banking institutions, including roles such as Qualified Mortgage and Investment Advisor.

Throughout her career, she has successfully managed risk, compliance, financial crime, legal, corporate governance, and audit teams in multiple jurisdictions across EMEA, USA, Africa and Asia.

Ms Fergus holds a Bachelor of Science (Hons) in Financial Services from Manchester University and is a Member of the Chartered Banker Institution.

Sliema-based MeDirect Bank is a pan-European bank with two main lines of business: WealthTech and specialised mortgage lending. It has around 350 employees at group level, and is growing a tech platform at its headquarters in Malta to support its pan-European operations, currently in Belgium, the Netherlands and Malta.