Red2Black Collections Ltd boosts management teams

06/02/2008

Red2Black Collections on-going growth has led to the appointment of Chris Ryan as Divisional Manager.

Chris joins Red2Black Collections after 15 years with Citigroup where he was Collections Head for late stage delinquency.

Among his achievements at Citigroup was the development of account ownership models for late stage collections which significantly reduced bad debt levels. He was also responsible for introducing successful forbearance programmes that prevented over £12M in losses since 2006.

Welcoming the new appointment, Red2Black Collections Director & General Manager, Nick Cherry, commented "Chris Ryan brings an outstanding track record of achievement in the field of operational collections management."

"His knowledge and experience will help maximise efficiency and results across our debt collection and asset recovery businesses, and ensure that we raise the bar on exceeding client expectations."

Red2Black Collections is a wholly-owned subsidiary of The Funding Corporation Group. It delivers an end-to-end service - which features contact centre, litigation services, door-to-door field collection, and asset recovery and disposal - and also includes highly skilled and accredited negotiators to drive up performance levels.

 

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