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Encore CEO Ashish Masi Reappointed as India-U.S. CEO

SAN DIEGO, Aug. 8, 2022 (GLOBE NEWSWIRE) — Encore Capital Group, Inc. (NASDAQ: ECPG), an international specialty finance company, today announced that its president and CEO, Ashish Masih, was announced by the U.S. Secretary of State to announced that he had been reappointed. From Commerce Gina M. Raimondo to her US-India CEO Forum.

The forum will bring together top-level business executives from both countries to discuss ways to strengthen economic and commercial ties. Masih said he was first named to the group in 2019 and will be reappointed until 2024. The US section of the forum includes CEOs of his 19 companies representing a wide variety of industries across the United States. Raimondo, Minister of Commerce and Industry of India, is co-chairing the Forum’s public sector, along with Piyush Goyal.

“I am from India and have made the United States my home for over 30 years. I am proud to lead a US based company with over 2,000 colleagues working in India.” Join Forum This has given us the opportunity to share the many complementary strengths found between our two nations and even greater partnership opportunities in the future. We are honored to continue working with a group that is committed to improving the

Based in San Diego, Encore has had major operations in India through its subsidiaries since 2005. Our Indian team includes professionals working in operations, information technology, decision science, human resources, legal, and other critical corporate functions. In addition, Encore maintains its investment in the Indian market through Encore Asset Reconstruction Company (EARC), which buys and services business and consumer non-performing loans (NPLs) in India. Through his EARC, Encore is able to offer a consumer-centric approach to recovery to domestic consumers.

The relationship between the United States and India is important not only to Angkor’s business, but also to its culture. The company’s Diversity, Equity, Inclusion (DE&I) and Communications teams are committed to sharing cultural and historical events in the United States and India, allowing employees working together in both countries to share the traditions and life experiences of their colleagues. Helps you learn more about The organization also recognizes some of its employee focus, including being named one of the 100 Best Companies for Women in India (BCWI) for the fourth year in a row and being recognized as a Great Place to Work. has won awards.

“Encore’s success in fostering cooperation, respect and appreciation between the United States and India is the epitome of the kind of work we do through the Forum,” added Massey. “Our team is strengthened daily by ideas and expertise shared across borders, and we hope that what we have built will serve as a model for others seeking the mutual benefits of a true global partnership. I can.”

Masih holds an engineering degree from the Indian Institute of Technology, New Delhi, a master’s degree in manufacturing systems engineering from Lehigh University, and an MBA from the Wharton School of Business at the University of Pennsylvania.

About Encore Capital Group

Encore is an international specialty financial company that provides debt collection solutions and other related services across a wide range of financial assets. Encore purchases or services a portfolio of receivables from major banks, credit unions and utility companies through subsidiaries around the world.

Headquartered in San Diego, Encore is a publicly traded company on the Nasdaq Global Select (ticker symbol: ECPG) and a constituent of the Russell 2000, S&P Small Cap 600 and Wilshire 4500.

contact

Faryar Borhani, Senior Director of Corporate Communications
Press@EncoreCapital.com

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