Executive Change: Oliver Betts to Join Lowell Group’s Senior Management Team

Leeds, UK-based Lowell Group, a leading UK debt purchasing specialist, is delighted to announce that Oliver Betts will be joining its senior management team, filling a new role as director of new ventures.

Starting on 12th November 2012, Oliver will report directly to Dicky Davies, Lowell Group’s business development director.

Dicky Davies commented: “This appointment reflects the importance we attach to listening to our clients’ requirements and presenting them with innovative capital deployment solutions to meet their specific needs. It is part of our continued drive to build long-term strategic partnerships and focus on offering a wider range of value-added services. Olly is known for his knowledge and experience within the credit management market and we are delighted he has agreed to join us. Olly’s experience in building innovative propositions for leading creditors across all industry sectors is well-aligned to our increasing capital deployment ambitions. Since the bond we have a strong and flexible line of funding in place and Olly will be specifically focusing on enhancing our continued diversification and appetite for new/larger opportunities in both existing and new debt sectors.”

Oliver Betts joined TDX in 2006, initially directly managing debt sale transactions before taking management responsibility for the TDX debt sale business working with leading creditors to enable the sale of £6bn in unsecured assets.  Oliver has a track record of building long term strategic partnerships with creditors by creating solutions to address their specific debt challenges, having spent two years leading business development for TDX in the financial services, utility and telecommunications sectors. He is currently director of group product strategy and marketing.

Oliver Betts commented: “I am looking forward to joining Team Lowell and working with Dicky, James Cornell (CEO) and the wider business to bring even more flexible and sustainable solutions to the industry and broaden the scope of Lowell’s capital deployment.”

Prior to joining TDX Group, Oliver spent two years with BAE Systems as strategy analyst having qualified as an engineer at Brunel University.

Formed in 2004 Lowell Group is a specialist debt purchasing company. Lowell Group buys consumer debts from a range of organisations and then manages the recovery of those debts, working closely with each customer to agree a suitable and affordable repayment solution. The business employs more than 500 people at its state-of-the art HQ and customer contact centres in Leeds and Preston.