LOWELL EXPANDS UK EXECUTIVE TEAM

APPOINTS GROUP GENERAL COUNSEL & UK CRO, AND MANAGING DIRECTOR FOR SERVICING AND BUSINESS DEVELOPMENT

Lowell is delighted to announce two senior appointments to its UK executive team. Bill Flynn, Group General Counsel & UK Chief Risk Officer, and Laurence Hamilton, Managing Director UK Servicing & Business Development. These two appointments will further strengthen the management team as the business continues its growth strategy.

Bill Flynn joins from Wonga Group, where he was Group General Counsel. Bill joined Wonga in 2015 where was responsible for steering the business through an intensive period of regulatory scrutiny. This culminated in the business achieving FCA authorisation in 2016. Bill has an extensive financial services background, having held senior roles at GE Capital, Zurich Financial Services and Capquest.

Bill will lead the Group Legal function, reporting directly to Group CEO, James Cornell, and will be responsible for risk & compliance in the UK, reporting to a soon to be appointed a Group CRO. As a member of the UK Executive team, he will be responsible for ensuring the Group operates in line with regulatory standards and our brand values, continuing to foster a responsible culture that supports delivery of our business plan.

Laurence Hamilton joins the business from Equifax, where he was Managing Director of TDX group and Senior Vice President of International Debt Services. He has worked in financial services in a variety of capacities including general management, data analytics, marketing, sales and client relationships for over 20 years.

Laurence will take overall responsibility for the development and commercial performance of Fredrickson, the third-party collection business, and lead Lowell’s key business development strategies; developing and managing the UK business plan, where his experience will be a significant benefit. He will report to Marc Schillinger, Group Chief Sales Officer, and to Group CEO, James Cornell, pending the appointment of a UK Regional Manager.

Commenting on the appointments, CEO, James Cornell said:

“I am excited to be welcoming Bill and Laurence into the UK executive team, and look forward to working with them to achieve our vision – to be the best in our field.

“Adding such high calibre people with such extensive financial services experience is vital to evolving and delivering our business strategy, while maintaining our core values as we continue to grow.”

 

Note to Editors

About Lowell:

Lowell is one of Europe’s largest credit management companies with operations in the UK, Germany and Austria, and a vision to be the best in its field in Europe. Lowell combines its principled approach, international experience, deep understanding of data analytics and operational efficiency to serve every part of the credit management value chain, with expertise in debt purchasing, third party collections, business process outsourcing, credit management and e-commerce.

Previously named Lowell GFKL Group, Lowell was formed in 2015 following the merger of the UK and German market leaders: the Lowell Group and the GFKL Group. It is backed by global private equity firm Permira, and Ontario Teachers’ Pension Plan, and is headquartered in both Leeds (UK) and Essen (Germany). For more information on Lowell, please visit our investor website: www.lowellgroup.com

For further information, please contact:

Media enquiries:

Carol Ord, Head of Communications UK
Telephone: + 44 7814 430 330
Email: media@lowellgroup.com