News Article

Debt Collection

Senior moves at Hoist Finance following acquisition of Compello

By CreditMan Thursday, July 16, 2015

Sarah Lambert has been appointed to the new position of Director of Sales & Investments at Hoist Finance UK and Robinson Way Limited following the acquisition of Compello Group earlier this month.

Sarah, who was the former Chief Executive Officer of Compello and one of the Group’s founders, will join the Executive Team working directly with Najib Nathoo, HFUK Country Head. Her role will be to further extend and strengthen existing relationships with the main UK creditors, and ensuring the pre- and post-sale activities are at the highest standards of client service and expectations.

Having worked in collections, credit and risk for more than 20 years, Sarah understands the critical importance of reputation and both client and customer service: “Hoist Finance and Compello share a commitment to treating customers fairly (TCF) and best practice in compliance. My role is to continue to build on the company’s reputation for excellence and create the UK’s number one debt purchasing and financial restructuring operation.”

Najib says that Sarah brings additional depth and flair to the management team: “Her experience of all sides of the credit and collections industry will be invaluable going forward,” he says. “Sarah will help shape significant transactions with our clients and identify niche and new opportunities in addition to managing the normal deal flows. It is a very exciting prospect as we continue to increase our reach and operational capacity.”

Sarah will be joined in her task by Andy Simmons, the former Sales and Marketing Director at Compello. Andy, who has been working in the debt sale and purchase sector since 2006, is taking on responsibilities as a Key Account Director to support existing business, as well as developing new relationships. Hoist FinanceAB (publ), the parent company, acquired Compello Group in July to build on the acquisition in 2012 of the Manchester-based Robinson Way Limited, and Leeds-based the lewis group in 2013. The acquisition includes a diversified banking portfolio, consisting of more than one million banking claims originated by 19 different financial institutions, and an established and proven collection platform with 178 FTE:s.

Hoist Finance offers a full spectrum of advanced solutions for successful management of defaulted consumer receivables, adhering to the central values of treating customers correctly and delivering to the particular needs of its clients.