Global financial services company honored
during 21st Annual American Business
Awards®
NORFOLK,
Va., June 15, 2023 /PRNewswire/ -- PRA
Group, Inc. (Nasdaq: PRAA), global leader in nonperforming
loans, was honored this week with two Silver Stevie® Awards during
the 21st Annual American Business Awards®. The company
earned recognition in two categories: "Achievement in Diversity
& Inclusion" and "Achievement in Management for
Financial Services." The awards ceremony took place at the
Marriott Marquis Hotel in Times Square, New York.
PRA Group's annual Global Inclusion Week programming and
management performance through difficult economic conditions were
considered alongside more than 3,700 nominations. Organizations of
nearly all sizes and industries submitted entries across a wide
range of categories for initiatives in 2021 and
2022.
Global Inclusion Week celebrates diversity, equity and inclusion
(DEI) through virtual educational and professional development
programming designed to connect colleagues around the world. The
initiative expanded to the PRA Group's U.S. operations in 2021. The
company then leveraged insights from 2021 and data from its annual
Engagement and Inclusion and VOICE surveys to strategically build
2022 programming. The result was a 235% increase in employee
participation over the previous year.
"PRA Group showcases a strong management team that has generated
results and growth potential, fostered an inclusive culture, and
demonstrated dedication to philanthropy and employee development.
Their focus on long-term growth and commitment to diversity and
inclusion is commendable," judges noted.
Advancing its DEI program is one of many successes PRA Group
achieved, including record financial performance in 2021. For their
excellent leadership, PRA Group's management team earned a second
Silver Stevie.
"It is my great honor to lead a strong, visionary management
team that continues to deliver against our strategic priorities,"
said Atal. "Part of our vision to reshape the industry is
continuing to build upon an inclusive workplace, where respect and
innovation through diverse perspectives are the norm. Global
Inclusion Week has strengthened our connections in ways we could
not have imagined."
Nicknamed the Stevies for the Greek word meaning "crowned,"
the American Business Awards are the U.S.'s premier business awards
program. All organizations operating in the U.S.A. are eligible to submit nominations –
public and private, for profit and nonprofit, large and
small.
More than 230 professionals worldwide participated in the
judging process to select this year's Stevie Award
winners.
Details about The American Business Awards and the list of 2023
Stevie winners are available at
www.StevieAwards.com/ABA.
About PRA Group
As a global leader in acquiring and collecting nonperforming loans,
PRA Group, Inc. returns capital to banks and other creditors to
help expand financial services for consumers in the Americas,
Europe and Australia. With thousands of employees
worldwide, PRA Group companies collaborate with customers to help
them resolve their debt. For more information, please visit
www.pragroup.com.
About the Stevie Awards
Stevie Awards are conferred in eight programs: the Asia-Pacific
Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards,
The American Business Awards®, The International Business Awards®,
the Stevie Awards for Women in Business, the Stevie Awards for
Great Employers, and the Stevie Awards for Sales & Customer
Service. Stevie Awards competitions receive more than 12,000
entries each year from organizations in more than 70 nations.
Honoring organizations of all types and sizes and the people behind
them, the Stevies recognize outstanding performances in the
workplace worldwide. Learn more about the Stevie Awards at
http://www.StevieAwards.com.
Sponsors of The 2023 American Business Awards include HCL
America, Melissa Sones Consulting, and SoftPro.
Media Contact:
Elizabeth Kersey
Senior Vice President, Communications and Public Policy
(757) 641-0558
Elizabeth.Kersey@PRAGroup.com
Investor Contact:
Najim Mostamand, CFA
Vice President, Investor Relations
(757) 431-7913
IR@PRAGroup.com
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SOURCE PRA Group