Owen James Appointed as President of PRA Group Europe for Strategic Growth

Owen James Takes the Helm as President of PRA Group Europe



PRA Group, Inc., renowned globally for its expertise in acquiring and recovering non-performing loans, has recently upgraded Owen James to serve as President of PRA Group Europe. This significant appointment comes as a reflection of James's impressive 13-year journey with the company, during which he most recently held the position of Global Investments Officer.

In his new role, James will navigate the complexities of 15 markets spanning Europe, Canada, and Australia. His responsibilities extend to overseeing a portfolio of investments across Europe while ensuring operational continuity within the region. His experience positions him strategically to lead the company's ambitions in enhancing its operational footprint in key European markets.

"I am honored to assume the role of President of PRA Group Europe and to continue driving the success of our European operations," remarked James. He expressed enthusiasm for collaborating with the leadership team to implement the company's strategy and strengthen its presence in vital strategic markets.

Over the past seven years, PRA Group's European operations have established themselves as a crucial contributor to the company's overall performance. With over $3 billion successfully invested in portfolios across Europe, the region has become a linchpin in PRA's growth narrative. James, who boasts more than 30 years in financial services, has been instrumental in this success story.

James joined PRA Group following its acquisition of Mackenzie Hall Holdings in 2012. Since then, he has ascended through various leadership roles, showcasing his knack for investment strategy and operational excellence. His prior experience includes over 15 years in senior roles at Intrum, a leading debt management and purchasing firm in Europe.

Martin Sjolund, CEO of PRA Group, voiced his confidence in James’s capabilities: "Having worked with Owen for over a decade, I am convinced he is the right person to sustain and enhance PRA Group Europe's success. With extensive investment knowledge, operational expertise, and respected leadership, I'm assured he will maintain PRA Group Europe’s position as a leading player in the non-performing loans sector."

As one of the foremost leaders in the acquisition and recovery of non-performing loans, PRA Group, Inc. plays a vital role in enabling capital recovery for banks and creditors alike. This, in turn, supports the expansion of financial services for consumers across the Americas, Europe, and Australia. With a global workforce comprised of thousands of dedicated employees, the group's mission is to collaborate closely with clients to facilitate debt resolution and improve financial stability.

James's promotion signals PRA Group's commitment to strategic growth and excellence in operations, offering a promising outlook for its European ventures. For further information about PRA Group, visit www.pragroup.com.

Topics Financial Services & Investing)

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