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Cabot Credit Management Appoints a General Counsel

Cabot Credit Management, a leading ethical acquirer and manager of consumer debt, has appointed Charlotte Taggart as its General Counsel.

Taggart who has over 16 years experience in financial services, will support the Board and the broader business in relation to delivering on the company's statutory and corporate obligations. She will also be responsible for all matters relating to Legal and Internal Audit and will advise the compliance function on regulatory legislation and manage regulation licensing. Her input will be crucial in CCM helping to achieve and maintain fully authorised status with the Financial Conduct Authority (FCA) from 2015 onwards.

Ken Stannard, CEO, Cabot Credit Management, said: "We are thrilled that Charlotte has agreed to head up our already strong legal team and I am confident her level of expertise will be effective in helping us to grow and evolve as we enter this new era of regulation."

Taggart joins CCM from a city law firm, Reynolds Porter Chamberlain (RPC) where she was a Partner for the past 18 months which included advising clients on FCA and Prudential Regulatory Authority authorisation. Previously Taggart has worked for insurance brokers Lockton International, insurer Royal and Sun Alliance Insurance plc, and National Australia Bank. She trained and qualified at Clifford Chance, one of the world's largest law firms.

Taggart said: "I am delighted to be joining the team at Cabot at this exciting time. I have had a fantastic time at RPC and the experience I have gained in legal service delivery is going to be invaluable in supporting Cabot through its next phase of growth."

Taggart will report directly into Ken Stannard. Willem Wellinghoff will continue as the company's Legal Counsel reporting into Taggart.

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 Marlin Financial Group, it covers debt purchase, contingency collections, and customer tracing.

The combined Cabot Credit Management group has purchased assets of £11.2 billion, manages over £1 billion of assets on behalf of clients, collects over £25m per month on portfolios it owns and on behalf of clients, and has a 15 year unbroken track record of steady growth.

The combined Cabot Credit Management group employs approximately 1000 people with offices in Kings Hill, Stratford-upon-Avon, Dublin, Worthing and London. The company prides itself on its ethical values and high standards. It has an impressive list of accolades including achieving Investors in People Gold and Champion awards and attaining a place in the Sunday Times Top 100 Best Companies To Work For - 2013 and Marlin being ranked in 30th in the Sunday Times Profit Track 100 - 2013, the only debt purchaser to be named. In addition Cabot Financial has a Quality Management System ISO 9001 since 2008.

The controlling shareholder of Cabot Credit Management is Encore Capital Group, an international speciality finance company providing debt recovery solutions for consumers and property owners across a broad range of assets.

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