PRA Group, the Nasdaq-listed debt buyer, has appointed Najim Mostamand as vice president of IR.
Mostamand has several years of experience helping small-cap companies build and manage their IR programs.
Most recently, he was director of IR at Greenlane Holdings. Prior to that, he held the same position at KushCo Holdings. He also spent four years at consultancy Gateway Investor Relations.
‘We are excited to have Najim join our team and expand our comprehensive investor relations strategy that enhances PRA Group's long-term shareholder value,’ says Lauren Partin, the company’s senior vice president of finance and IR, in a statement.
‘He has a wealth of experience in leading several successful investor relations campaigns, and we are thrilled to have him inject new ideas, solutions and energy to expand our investment story to new audiences, while deepening our current investor and analyst relationships.’
Mostamand adds: ‘I am excited to be joining the team at PRA Group, especially during this exciting and critical time in the nonperforming loan industry.
‘PRA Group's strong and tenured management team, geographic diversity, healthy balance sheet and disciplined capital allocation demonstrate why the company has successfully attracted the attention and engagement of many investors and analysts during its 20-year history as a public company.’