NORFOLK,
Va., Dec. 5, 2023 /PRNewswire/ --
Today, PRA Group (Nasdaq: PRAA), a global leader in
acquiring and collecting nonperforming loans, celebrated the launch
of its Black Excellence Employee Resource Group (ERG). Black
Excellence will provide a space where PRA Group colleagues can
engage in a community that celebrates and embraces Black culture
around the globe.
Of the publicly traded financial services company's three
employee resource groups active in the U.S., Black Excellence is
the first global ERG. National Managing Attorney Zulema Green and Global Controller Neal Petrovich serve as the group's executive
co-sponsors.
Green eagerly anticipates the group's potential to encourage its
members' personal and professional development, as well as their
sense of belonging. "I am excited to sponsor a safe space to
demonstrate Black Excellence at its finest, and my hope is that it
will allow members to become the best versions of themselves," said
Green.
The virtual launch celebration included more than 100 PRA Group
employees from across the company's global operation. The Black
Excellence ERG leadership team, which includes four additional PRA
Group employees, set the tone with a video featuring PRA Group
employees defining what Black Excellence means to them. The event
launched with an introduction from Executive Vice President,
General Counsel and Chief Human Resources Officer LaTisha Tarrant, and engaged participants
through thoughtful conversations and introspective activities that
infused Black history and cultural conversations to allow
participants to build a sense of community across the
globe.
"The cultural connection of Black experience transcends location
and race to extend across the globe, so the timing of this launch
during the holiday season—a time of family and togetherness—is
perfect," said Green. Both Green and Petrovich look forward to
beginning the new year with this ERG, and to celebrating the
quickly approaching cultural milestones of Martin Luther King Day and Black History Month
together.
Petrovich also highlights the importance of cultivating
understanding and empathy among employees irrespective of race and
identity. "I am proud to be part of our Black Excellence ERG," said
Petrovich. "Because PRA Group operates as one team worldwide, we
are passionate not only about creating this global community, but
also about the ways it will bolster our efforts to foster allyship
and advocacy for Black culture throughout the company."
Additional PRA Group ERGs include Women in Business Advocates,
which began in the U.S. as a counterpart to its European Women's
Affinity Network, and the company's Mental and Emotional Well-Being
ERG, both of which launched in 2022. Each of these has seen
great success developing mentorship networks, coordinating
philanthropic initiatives and creating opportunities for every
employee to be themselves and be their best.
Head of Diversity and Inclusion Tara Borchers connects the
launch of the newest ERG with PRA Group's broader commitment to the
well-being and engagement of its workforce. "We continue to focus
on building a sense of belonging at PRA Group and believe that ERGs
help to nurture an inclusive culture," she said. "It's a part of
the fabric of what we value at PRA Group—a community full of people
who learn from and care for each other."
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.
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