Fintech credit professional Rob Cottingham has been appointed to Chief Credit Officer at ME Group, a Cheadle-based firm. Cottingham takes on this new role that will report to executive chairman Bruce Walker—who is also new to the business. These appointments herald a new phase in a long-term growth strategy for the company, as it moves toward becoming a leader in consumer litigation funding.
Does Consumer Legal Funding Put Consumers in Debt?
Fintech credit professional Rob Cottingham has been appointed to Chief Credit Officer at ME Group, a Cheadle-based firm. Cottingham takes on this new role that will report to executive chairman Bruce Walker—who is also new to the business. These appointments herald a new phase in a long-term growth strategy for the company, as it moves toward becoming a leader in consumer litigation funding.
Business Desk details that Cottingham is expected to evaluate credit risk. His role will be crucial as he heads up the credit committee that determines how litigation funding is allocated to cases and firms. Rob Cooper, ME Group chief executive, states that Cottingham’s CV is impressive, and that his experience is expected to add considerable clout to the senior team. Cooper went on to explain that ME Group found itself in competition with other firms to hire Cottingham.
Existing tech at ME Group is integrated with that of claimant law firms. They also boast in-house claim expertise. Together, this provides excellent oversight and an ability to effectively manage credit risk throughout the litigation process.
Prior to his new appointment, Cottingham was with Specialist Lending, assessing credit and risk for a financial technology startup. Funded by private equity, SL provided consumer litigation funding to law firms. He has also worked for Elavon Merchant Services, Provident Financial Group, and Ferratum Group—all in risk-management. His new appointment at ME Group takes effect in September.
