PIC Solutions Expands Board of Directors

13 August 2008

PIC Solutions, the leading specialist credit risk solutions company in the EMEA region, has expanded its Board of Directors to include Nick Geimer.

Nick’s promotion to the PIC Board of Directors is the culmination of a long and successful career in the credit and risk industry. He began his career as a consultant delivering IT and business solutions at AMS-CGI in the USA, after graduating from Princeton University with a BA in Public Policy and International Affairs.

During Nick’s decade of international experience in the consumer risk industry he has developed an expertise in retail credit management across the entire lending life cycle. This ranges from prospect targeting to collections and recovery and covers a wide range of consumer lending products.

Prior to joining PIC Solutions Nick served as the Retail Credit Director for the Barclays Sub-Saharan Africa division, where he was responsible for lending strategy, credit risk management and marketing analytics for the Bank’s retail products portfolios.

Previously at Barclaycard, Nick filled the role of the Global Head of Collections Strategy for the international credit card division. In addition, Nick has also held divisional management responsibilities for Customer Value Management (credit risk and marketing analytics) for Barclaycard Spain and Existing Customer Management for Barclaycard International.

In 2003 he obtained an MSc in Quantitative Risk Management from the London School of Economics.

Nick Geimer, Director of Consulting at PIC Solutions, states “I am delighted by the opportunity that this Directorship presents to me. The global consumer credit industry is undergoing major changes and being promoted during this era of rapid development will enable me to increase the contribution that I can make to our client base and the industry as a whole.”

Stephen J. Leonard, Chief Executive Officer at PIC Solutions, adds “Nick’s international experience and extensive background in the credit risk industry has brought a wealth of value to the PIC Solutions clients. In his new role, Nick’s industry expertise will complement the broad business experience of our Board members. We look forward to drawing upon his invaluable insight as PIC continues to grow from strength to strength.”

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