Link Financial Group Appoints Marco Angheben as Project Director

LONDON, September 2, 2010 /PRNewswire/ -- Link Financial Group ("Link"), the leading European receivables management company, is today pleased to announce the appointment of Marco Angheben as Project Director in its expanding advisory team.

Marco has 10 years' experience in the financial and regulatory world with a specific focus on structured finance. He previously was Director at the Association for Financial Markets in Europe in the European Securitisation Forum division dealing with central banks, security regulators and policy makers from across Europe. He has been at the forefront of various industry transparency initiatives creating reporting standards and increasing data availability. He has also been actively engaged in a number of expert groups working towards improving consistency for structured finance transactions and a speaker at many industry events and workshops.

Marco will initially be working on the ABS loan level data project to assist the European Central Bank (ECB) in developing a data handling infrastructure and delivering detailed loan level reporting templates across asset classes. These are some of the initiatives that are aimed at restoring confidence in the European financial markets by providing market participants with greater transparency which in turn will improve their overall risk controls.

Philippe Paillart, Chairman of Link Financial Group, commented, "We are seeing increasing demand for the services of our advisory division from clients in areas ranging from our core business in NPLs right across the wider consumer and commercial loan markets. Marco provides a huge boost to the expertise in our practice advising governments and regulatory agencies in the UK and the other major EU economies."

Paul Burdell, CEO of Link, added: "Marco has a wealth of experience in dealing with market practice, legal and regulatory matters in structured finance, and I am very pleased to be working alongside him. Link will benefit from the additional complementary skills and knowledge he will bring on both operational and business development fronts, particularly in the German, Irish, Italian and Spanish markets where Link is currently operating."

Marco commented on his appointment: "I am very pleased to be joining Link and working with Paul, particularly in assisting the ECB on this fundamentally important and groundbreaking new project."

Notes to Editors:

Link Financial is a leading European purchaser and servicer of performing and non-performing receivables. Link partners with most of Europe's major lenders, manages a portfolio exceeding EUR5 billion and employs over 500 people in contact centres in the UK and across Continental Europe.

Formed in 1998, we are one of the founding members of our industry and have remained constantly at the forefront of innovation in the markets we serve. Our proprietary operational platform allows us to service a range of asset types from within and outside the financial services industry.

    For further information:

    Paul Burdell, CEO +44(0)20-7793-2670
    Link Financial Group

    Marco Angheben, Project Director +44(0)20-7793-2671
    Link Financial Group

    Andrew Jaques/Nick Denton/Ian Payne +44(0)20-7357-9477
    Hogarth

SOURCE Link Financial Group