Lower costs and more return for clients: MeDirect ‘the Bank specialised in mutual funds’ was launched with the mission that everyone deserves the best possible bank experience to date. We do this by offering simple, high-quality savings and investment products in combination with low costs. The bank talks plain language and makes its products accessible to everyone thanks to these low costs, low entry fees and a user-friendly website. Together with our team of talented employees, my role is to ensure an excellent client service every day.
I can boast a 30 year career in the Belgian and international financial sector. First at the Generale Bank and later at Fortis as CEO Commercial Banking Global. Before assuming my role as CEO of MeDirect Bank, I already had detailed knowledge of the bank through my role as chairman of the Audit and Risk Committee of MeDirect Bank NV, since obtaining the Belgian bank licence in 2015.
Efficient and transparent banking, which puts the clients' interests paramount. That is MeDirect Bank for me. An innovative banking concept for the digital age. As CFO, I am responsible for managing the balance sheet of the bank, accounting / budgeting and financial reports to our regulator National Bank of Belgium. My work is successful when we can continue to grow the bank balance wisely, while maintaining our efficient operating model. Even in the future, this allows us to keep the cost of our investments low and to continue offering an attractive remuneration on savings. You are the beneficiary.
After my studies, I worked for six years at Shell in the UK. In 2000, I started working in the banking sector.
Henry Schmeltzer founded and managed the European ABS and Illiquid Credit structuring and execution businesses at UBS, including development of the synthetic ABS and ABS derivatives businesses, non-recourse senior funding structures and asset origination strategies and structures. Before joining UBS, he ran credit structuring and origination businesses at Swiss Re London, Merrill Lynch London and Lehman Brothers London and New York. Prior to becoming a banker, Henry was an attorney in New York, leaving the law firm Brown & Wood as a partner. He holds an MBA (Finance) from the New York University, a JD from the University of Chicago and an AB (magna cum laude) from the Woodrow Wilson School of Princeton University. He was awarded CFA designation and is a member of the bar of the State of New York.
Michael Bussey joined HSBC in 1980 as an international executive and spent over twenty years as an expatriate in a variety of senior roles. During that period he lived and worked in Asia, the Middle East, Africa, North America and the UK. His last role with HSBC was CEO HSBC Private Banking EMEA. From 2001, Michael decided to remain in UK and specialise in Private Banking and Wealth Management. After a short period with Schroders, he was appointed CEO Private Banking and Trust at NM Rothschild. His last executive role was as CEO of Arbuthnot Latham & Co. In 2011 Michael began his “portfolio” career by chairing UK Wealth Management which was a Leeds based IFA owned by Duke Street Capital. A successful exit was achieved in 2014 by way of a trade sale. He is chairman of Gentoo Genie Ltd, an award winning FCA regulated business which has created a new financing structure for first time home buyers, and a chairman and non-executive director of Credit Suisse (UK) Ltd, where he also chairs the Remuneration and Nominations Committee.
One of the most important tasks I have at MeDirect is guaranteeing a transparent and clear communication towards existing and new clients. Through clear communication by emails, on the website, and through advertisements, it is my job to make sure that as many clients as possible are introduced to this unique story, that MeDirect is trying to share with everyone. A bank that genuinely opts for a different approach, through the use of simple, high-quality saving and investment products, accessible to all. This was what inspired me to start working at MeDirect.
Early 2014 I made the crossing from NIBC Direct, where I gained a lot of experience building an online savings platform. In addition to this, I also completed marketing & sales roles in various other large corporations, which has allowed me to build up ten years of experience in the online sector.
Product Management activity goal is to develop the product offer by identifying, designing and implementing new products. This approach also applies to existing products for continuous improvement purposes in order to always better satisfy our clients.
As manager of the product offer, satisfying our clients through attractive and understandable products, distributed through a user friendly online platform, is my main objective.
In order to fulfil this objective, I can leverage on my past experience within the group BNP Paribas in Belgium, France and in other European countries as internal strategy consultant.
Compliance is an independent function - and as part of the second line of defense - which aims at providing reasonable assurance that MeDirect and its employees comply with applicable laws, regulations, self-imposed rules of conduct and integrity rules.
My role is to assist MeDirect in managing the risk of loss of reputation and financial damages which may occur from violation of internal or external rules.
I can build on my experience as former Head of Compliance within Crédit Agricole Corporate and Investment Bank-Belgium to keep on preserving MeDirect Bank's strong credibility and trust from clients.
Internal audit is an independent and objective body that gives an organization an assurance of the degree of control over its operations, provides advice on how to improve them, and contributes to creating added value.
My aim is to help MeDirect adopt strong internal control practices whilst improving its business efficiency. My role is also to ensure that MeDirect follows a sound & controlled growth path and complies with all applicable laws & regulations. Keeping a solid and safe reputation is key for MeDirect.
I have 20 years of experience in External and Internal Audit inside the Belgian & International Financial Services Industry, mainly within Ernst & Young, BNP Paribas FortisBank (former Fortis Bank), ING & The Bank of New York Mellon.
A sound governance and risk culture are the most important aspects in any organization and that is what I’m continuously assessing within MeDirect.