PRA Group appoints Global Investments Officer

Aquiring and collecting non-performing loans specialist, PRA Group has announced the appointment of Owen James as Global Investments Officer.

James has been with PRA Group for more than a decade, most recently as Managing Director of Acquisitions. He has led the Company’s investments in Europe and has served on the European senior management team. Over the past five years, PRA Group’s European business has delivered strong results and has grown to become a significant driver of the Company’s overall performance, with more than $2 billion invested in portfolios across 11 European markets. In 2022, James also began leading investments in the Australian market. James joined PRA Group as part of the Company’s first entry into Europe through the acquisition of Mackenzie Hall Holdings in 2012.

James has more than 30 years of experience in the global nonperforming loan industry, leading operations, business development and investments. Prior to joining PRA Group, he worked for more than 15 years in a variety of senior roles at Intrum Justitia, a major European debt servicer and buyer.

THE PRA Group also announced that Chris Graves, Executive Vice President and Global Investments and Analytics Officer, is retiring for personal health reasons.

PRA Group CEO Vikram Atal said “Owen’s extensive knowledge of the industry, experience within PRA Group and track record of global success makes him a great fit to drive our global investment strategy. He will help us expand into newer markets and continue to actively explore opportunities to grow our core business across clients, products and geographies, further positioning us as a global enterprise,” said Atal. “We would like to give a warm thank you to Chris for his extensive contributions to PRA Group over the last 17 years, and we wish him all the best as he focuses on his health and family.”