Axactor SE

Adrian Scott joins Axactor as EVP responsible for group sales.

Oslo, 25 October 2016 - Axactor, the Oslo based,

International Debt Management Services Company are pleased to

announce that Adrian Scott has recently accepted the post of

Executive Vice President responsible for Sales across the

Axactor group. He will report directly to the CEO.

Adrian is currently a Managing Director within Deutsche Bank

where he is responsible for Global Collections and

Recoveries. He has been fundamental in developing the current

International Collections and Recoveries network within

Deutsche bank and having led operations in Germany, Italy,

Portugal, Spain, Poland, India and China, his experience will

be essential for his new role. After 9 years at Deutsche

Bank, initially as Head of Global Mortgage Development and

then Heading the Global Collections business, including NPL

sales during the crisis years, he feels it's time for a new

challenge.

Adrian holds 29 Years of Financial Services and Banking

experience. Before joining Deutsche Bank, he worked for

Several large Financial institutions including Barclaycard

and Citibank where he had a wide range of Senior, Sales and

Marketing roles.

Adrian will take up his post as of 1st January 2017.

Endre Rangnes

Chief Executive Officer

Tel: + 46 8 402 28 00

Cell Phone: +47 48 22 11 11

About Axactor:

Axactor Group is a debt collection and debt purchase company,

currently operating in Italy, Germany, Norway and Spain. The

company has a Nordic base and an ambitious Pan European

growth strategy, which targets the market for

non-performing loans (NPL) in Europe. This market is

estimated to be about EUR 1,500 billion, and Axactor's main

focus is debt collection and purchase of NPL portfolios.

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