Former Rickmers Holding boss Ignace van Meenen has resurfaced at German asset manager MPC Capital.

Van Meenen quit his job when the Bertram Rickmers-controlled company went bust in 2017.

He has now been appointed chief sales officer (CSO) at MPC Capital.

The 51-year-old lawyer will focus on growth strategies in the real estate and infrastructure divisions, the company said.

Born in Belgium, van Meenen started his investment career at Deutsche Bank in the US and Germany.

This was followed by management positions as finance director of the energy, real estate and chemicals group RAG (Evonik Industries) and as CFO of RTL Group and DIC Immobiliengruppe, before the Rickmers job, his first in shipping.

Axel Schroeder, chairman of MPC supervisory board, said: "With Ignace Van Meenen, we have gained a versatile and experienced investment manager.

"He ideally combines broad know-how in the asset classes relevant to MPC Capital with in-depth knowledge of the financial and investment sectors. We are looking forward to an intensive and successful cooperation."

Tough decision

Van Meenen told TradeWinds in 2017 he thought long and hard before deciding to step down at Rickmers Holding.

With the company in the hands of insolvency managers, he felt there was not much to gain from staying put.

“I didn’t make that decision easily,” he said. "But I’d rather step out, get some rest, and then at the end of the process decide what to do.”

He joined as CFO in October 2011.