MeDirect Bank (Malta) plc on Tuesday announced that Jan Petersen will succeed Michael Curtis as Head of Corporate Credit, effective from 1st March 2021, and will be based in the bank’s London office.

Mr Petersen has over 20 years of experience in the European corporate loan markets, most recently in special situation lending at NatWest Markets in London.

Prior to that, he worked in the private credit group of Deutsche Bank in London, and before that, built and managed a €3 billion loan portfolio for BAWAG P.S.K. in Austria.

He has also worked in the direct lending area of Cerberus Capital Management and the leveraged finance area of The Royal Bank of Scotland, in each case based in Frankfurt.

Mr Petersen is a Chartered Financial Analyst and has a master’s degree in economics from the University of Konstanz.

Furthermore, Mr Curtis has given notice of resignation from his role as Chief Investment Officer at the bank, effective from 1st March 2021, to join FIL Investment Management Limited.

Other members of the International Corporate Lending team will be joining Mr Curtis at Fidelity. The bank thanked him and the international corporate lending team for their contributions to the MeDirect Group and wished them well in their future endeavours with Fidelity.