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Aktiv poaches Egg - 30/04/2009

Chris Hague is to join debt buyer Aktiv Kapital as director of strategy from June, chief executive David Sheridan has confirmed.

Hague (pictured) joins Aktiv from Citibank where he was head of collection strategy for the UK. He was previously head of debt sale for internet bank Egg, which was acquired by Citibank. His prior experience includes senior roles within Marks and Spencer and MBNA.

Hague replaces Deborah Austin, who has resigned her full time position and will continue consulting in a specialist role.

Sheridan, who also joined Aktiv from Citibank in March, told Credit Today he is still recruiting for a compliance director for the business. He reports to chief operating officer Tiku Patel and is tasked with turning around the UK business after a difficult period that included portfolio writedowns of £10.7m and a tough collections environment.

Sheridan said: "Chris brings a wealth of experience and substantial track record of achievement gained within the ‘best in the business’ practitioners of collections strategy management. The UK business is embarked on a significant investment program centred on building the best collections organisation. His appointment is a key to the success of this program."