RMG Limited Appoints New Chief Operating Officer

Media Release
23 July, 2001

RMG Limited Appoints New Chief Operating Officer

Leading listed receivables management group, RMG Limited, today announced the appointment of Mr Adiran Mitri to the newly created position of Chief Operating Officer.

Currently UK based and New Zealand born, Mr Mitri is Managing Director of Legal & Trade Risk Management Services Ltd, one of the UK’s largest collections companies and previously held senior management positions at Equifax and Dun and Bradstreet.

In making the announcement Deputy Chairman and CEO, Mr James Boult said he was delighted to have secured the services of a person with such an impressive track record in the receivables management industry.

“Adrian has extensive experience in running an organization in the UK similar to RMG and of significance is that he has a successful record in re-engineering businesses back to long term profitability.

“This experience fits in perfectly given the significant structural changes we are announcing today.

“His appointment is part of the ongoing restructuring of RMG aimed at making the company the pre-eminent operator in its industry sector. This will also enable me to concentrate on our strategies for developing the business with the comfort that our operations are under the stewardship of a proven operator.

“It is rare to find someone with the mix of operational skills and academic qualifications, a commerce graduate and an MBA from Auckland University.” Mr Boult said.

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