Arrow Global Group PLC Appointment Group COO (0530C)
January 17 2018 - 1:00AM
UK Regulatory
TIDMARW
RNS Number : 0530C
Arrow Global Group PLC
17 January 2018
17 January 2018
Arrow Global Group PLC
Appointment of Group Chief Operating Officer
Arrow Global Group PLC ("Arrow Global"), a leading European
credit management services provider, is pleased to announce the
appointment of Dave Sutherland as Group Chief Operating Officer
("COO"). Dave is a highly experienced executive with a successful
track record of managing operations within large, international
financial services organisations. He joins Arrow Global at an
exciting phase of the Group's development and will sit on the
Group's executive committee.
Dave's most recent role was Managing Director at Nielson
Financial Services, and prior to that he held roles with TD Wealth
International, Santander UK, GE Money and Alliance Boots. In his
new role, his key accountabilities will be to work with the Group's
country managers and local teams in the UK, Portugal, Benelux and
Italy to ensure delivery of ongoing operational excellence
initiatives across the Group. Dave will also oversee the Group's
previously announced One Arrow project which will provide an
enhanced operational platform from which to secure future growth
opportunities.
Lee Rochford, Group Chief Executive, said:
"Dave's experience will add considerably to our management
expertise at a time when we are growing our pan-European credit
management services platform. His operational and strategic
management expertise will help ensure Arrow Global maintains and
strengthens its leading capabilities in the industry, continuing to
deliver positive outcomes for both institutional clients and end
customers alike."
Enquiries:
Arrow Global +44 (0)7925 643385
Anthony Frost, Group Communications
Duncan Browne, Head of IR
Instinctif Partners +44 (0)20 7457 2020
Giles Stewart
Rui Videira
About Arrow Global
Established in 2005, Arrow Global specialises in the purchase,
collection and servicing of non-performing loans. We identify,
acquire and manage secured and unsecured defaulted loan portfolios
from financial institutions, such as banks and credit card
companies, as well as retail chains, student loans, motor credit,
telecommunication firms and utility companies.
We play an active role in helping financial institutions
deleverage and recapitalise in order to increase mainstream
lending. By purchasing and managing non-performing loans and other
core assets, we provide valuable capital and expertise to a growing
European market.
We are a regulated business in all of our European markets, and
as at December 2016, we had assets under management in excess of
EUR41bn, over 1,500 colleagues and 9.3 million customer
accounts.
This information is provided by RNS
The company news service from the London Stock Exchange
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