MDB Group Ltd.'s group chief technology officer, Kelvin Camenzuli resigned from his role, unit MeDirect Bank (Malta) PLC said Oct. 12.

Camenzuli's resignation is effective Oct. 1. He will be succeeded by Alanbek Yussupov, who joined the bank in 2009 and is currently responsible for strategic and regulatory change management and technology.

MDB Group is ultimately owned by AnaCap Financial Partners LLP.