Credit, Collections & Insolvency News
Credit Style, part of the Bristow & Sutor Group, says energy sector workers who have lost their jobs recently should consider changing career paths, highlighting the volume of roles available in debt recovery and the transferable skills that are of interest to employers in the sector. The current energy crisis has seen over a dozen…
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Phil Andrew, Chief Executive Officer of StepChange Debt Charity, Joanna Elson CBE, Chief Executive of the Money Advice Trust, Dame Clare Moriarty, CEO of Citizens Advice, and Katie Murray, Group Chief Financial Officer of NatWest Group, have joined twelve other top-level executives from the worlds of finance, consumer rights, research and technology on the Money…
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Data On Demand, the Leeds based Alternative Consumer Data specialist has announced the appointment of two new graduates as they expand out the Business Development Team. James Nassiri and Harry Bland have been brought in to support growth in core sector Collections & Recoveries alongside emerging markets such as ID&V, Utilities and Consumer Finance. The…
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Charles Randell, Chairman of the Financial Conduct Authority (FCA), will step down from the regulator a year earlier than planned. Randell, who took up the role in April 2018 and was meant to serve a five-year term, will leave the FCA and the Payment Systems Regulator in spring 2022, having spent four years in the…
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Arrow Global has announced that, following the completion of the takeover by TDR Capital, Lee Rochford has decided to step down as Group Chief Executive Officer (CEO). Rochford will be succeeded by Zach Lewy, Founder, Group Chief Investment Officer and CEO of Arrow’s Fund Management and Investment (FIM) business. The change takes effect immediately, Rochford…
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Deceased account care servicing and technology solutions specialise, Phillips & Cohen Associates (PCA) has announced that Shawn Farris has joined its senior leadership team in the newly created role of Senior Vice President (SVP), Digital Operations. Farris is a proven leader and seasoned executive within the Accounts Receivable Management industry with an extensive background in…
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Exizent, has announced the exciting appointment of Graeme Jones as a Senior Advisor to the Board. Exizent is the first ever platform that connects data, services and the network of people involved when someone passes away. The company’s mission is to reduce uncertainty, increase speed and make the process far simpler. Jones brings invaluable insight…
Read moreThe Chair of the Open Banking Implementation Entity (OBIE), the body set up to deliver open banking in the UK, has resigned as an investigation found that the agency allowed’“a culture of bullying and intimidation to prevail.” The Competition and Markets Authority (CMA) says Imran Gulamhuseinwala tendered his resignation as trustee and chair as part…
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Credit management group Intrum has announced that it will return to the contingency collections market in the UK. The company now offers a full UK debt collection service, allowing clients to benefit from its continuous investment in technology and analytics as well as customer care support. The move complements Intrum’s established early arrears, white-label and…
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Business processing and software provider Target Group has announced the appointment of Andrew McIntyre as a Non-Executive Director on Target Group’s board. McIntyre’s addition is just the latest senior appointment as the firm looks to meet its ambitious growth targets, following the recent appointments of John Barker as Chief Operating Officer (COO) and Bernard Conlon…
Read moreClose Brothers Motor Finance has announced that it has promoted John Cassidy to Director of Commercial Partners, and Matt King to the newly-created role of Head of Partners. Cassidy has worked at Close Brothers for almost 12 years, most recently as Head of Brokers and Partnerships. During his time at the company, Cassidy has led…
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EQ Credit Services (EQCS), the consumer credit technology and outsourced services provider, has announced it has appointed Sarah Jackson as its new Managing Director. Jackson takes the reins from departing Managing Director Richard Carter, who steps down having grown EQCS to be the UK’s leading provider of loan management systems and one of the country’s largest standby…
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Latest figures released by Accountant in Bankruptcy (AIB) have indicated that Scottish business insolvencies rose by 36% in August 2021. In August 2021 there were 89 company insolvencies registered in Scotland, approximately double the number than in August 2020 and 13% higher than in August 2019. This was comprised of 11 compulsory liquidations, 76 CVLs…
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