News

AsiaCollect Appoints Senior Non-Executive Director

Singapore. March 23, 2017. AsiaCollect, the first mover in professional Credit Management Services in Southeast Asia, is pleased to announce the appointment of Michal Handzlik as a Senior Advisor and NonExecutive Director. Mr.Handzlik will be responsible for supporting the Company with strategic know-how in Consumer NPL Purchasing and Servicing at the Board level.

Prior to joining AsiaCollect, Mr.Handzlik founded and developed DT Partners, one of the leading Credit Management Service businesses in Central and Eastern Europe. Mr. Handzlik oversaw the listing of DT Partners on the stock exchange in Poland, as well as a highly successful sale of the company to PRA Group, a Top 10 global CMS player.

Commenting on the new appointment, Tomasz Borowski, AsiaCollect CEO, said: “We are very excited to have Michal join us. Southeast Asian consumer finance is following the same development pattern as Central and Eastern Europe in the 1990’s and 2000’s. Michal’s experience will be invaluable to AsiaCollect, as it seeks to disrupt the market for consumer NPL in Southeast Asia.”

Mr.Handzlik commented: “I look forward to working with AsiaCollect’s management on building the company into the absolute market leader in CMS industry in Southeast Asia. I believe AsiaCollect has all the ingredients to achieve its strategic objectives and become the prime target for acquisition by one of the international CMS players.”

AsiaCollect is the first mover in professional Credit Management Services in Southeast Asia. Headquartered in Singapore, the company currently operates in Vietnam and is planning expansion across the region. AsiaCollect was started in 2016 by a group of seasoned international consumer finance professionals. Since launch, the Company has been on a rapid growth trajectory, leveraging its advanced technology, world-class code of ethics and quality control, and professional management to become the CMS partner of choice to consumer finance originators across the region.