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|Cabot Credit Management Appoints Derek Usher as its Managing Director for its UK Debt Purchase|
|Thursday, 25 February 2016|
Cabot Credit Management Ltd (CCM), the UK's leading credit management service provider, has appointed Derek Usher as its Managing Director, UK Debt Purchase.
Usher, who joins after four years at Travelex, will be responsible for ensuring CCM's debt purchase business continues to lead in the UK market, driving it forward onto the next stage of growth. He will play a key role in embracing the requirements of our clients and of our new regulator and will make certain that customer experience remains as the key focus of our business.
Usher has over 20 years experience in the financial industry and has held a variety of roles including Integration Director, Lloyds Banking Group, Head of IT and Head of Risk Operations, HBOS Retail.
Ken Stannard, Group Chief Executive Officer, Cabot Credit Management, said: "We have created this new role to give specific focus to our debt purchase business. Derek Usher has enormous experience in the financial services sector and will be a great asset to our already strong management team."
Usher starts with immediate effect and will be based at the Kings Hill office in Kent reporting directly to Stannard.
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