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Consumer Credit Manager of the Year 2013


Cabot Financial Ireland, the country’s leading acquirer and manager of consumer debt, continued its winning streak by securing another award at the annual Irish Institute of Credit Management (IICM) awards night. The company retained the award won in 2012, by adding the 2013 Consumer Credit Manager of the year, won by Dara Kiernan.

The awards, which were held at the Conrad hotel in Dublin on the 22rd November, were attended by over 250 selected people from the industry. The ceremony followed a judging process that whittled down a record number of entries to the IICM.

Sean Webb, CEO Cabot Ireland, commented, “We are delighted to have secured another award for now our third year in a row and the success on the night really cements the great team effort shown by all at Cabot Financial Ireland in 2013. Cabot firmly believes in sustaining excellent practices through its position on ethical debt collection with a strong focus on compliance, legal, and quality standards, we believe in engaging our people in our shared vision and values.

“Dara has demonstrated how to successfully build a team year on year, whilst ensuring the performance, ethos, standards and the ethical approach of the company, in addition continuing to lead our collections team at the leading edge of the industry.”

Dara Kiernan, who won Consumer Credit Manager of the year for the second year running, added: “The Cabot Team ethos has always been based on continued training and further development. We have created a talented team who understand that the only way to succeed is through a focused, ethical and compliant manner of collections. They are extremely hard working, and I am very proud of them, and am delighted to collect this award again on behalf of myself and the team.”

About Cabot Financial (Ireland)

Cabot Financial Ireland, which is part of Cabot Credit Management, is Ireland’s leading ethical acquirer and manager of consumer debt.

The company was formed in 2007 and after a period of significant growth now focuses on offering specialist services in the areas of debt purchase, contingency collections, and outsource solutions including its tailored credit union solution as well as customer tracing offered through Apex Discovery Solutions Ireland.

Cabot Financial (Ireland) currently has managed assets of over €750m, with cash collections approaching €2.5m per month.

About Cabot Credit Management

Cabot Credit Management is a market leading acquirer and manager of consumer debt.  Divided into four specialist businesses, Cabot Financial, Cabot Financial Ireland, Apex Credit Management and Apex Discovery Solutions, it covers debt purchase, contingency collections and customer tracing.

Cabot Credit Management has purchased assets of £8.6bn, manages over £1bn of assets on behalf of clients, collects over £20m per month on portfolios it owns and on behalf of clients, and has a 14 year unbroken track record of steady growth.

The Group employs approximately 700 people with offices in Kings Hill, Stratford-upon-Avon and Dublin. The company prides itself on its ethical values and high standards and has an impressive list of accolades including achieving Investors in People Gold award (accredited for 3 years) and attaining a place in the Sunday Times Top 100 Best Companies To Work For – 2013.  In addition Cabot Financial and Apex Credit Management have been awarded a Quality Management ISO 9001:2008 standard.

The controlling shareholder of Cabot Credit Management is Encore Capital Group, a leading U.S. provider of debt management and recovery solutions, with the remaining equity being held by a fund advised by J.C. Flowers & Co and management.

For further information, please visit www.cabotcm.com or contact:
Becky Cimelli
PR Manager, Cabot Credit Management
Tel: +44 (0) 7780 495082
Email: bcimelli@cabotfinancial.com