Executive Changes: UK Debt Purchaser Black Tip Announces Major Changes

Black Tip Capital Capital Holdings Ltd announced that the firm has appointed three senior executives to its Executive Management Team, all hailing from GE Money: Chris Adelsbach as Chief Executive Officer, Tariq Khan as Director of Legal and Business Affairs and Adam Dalton as Chief Operating Officer. “ Chris, Tariq and Adam are world class additions to our management team, which is now ideally structured to ensure that our business achieves its growth targets whilst maintaining our high quality service.”, says Martin Dunphy, Chairman of Black Tip Capital.

Black Tip Capital recently acquired Marlin Capital Europe Ltd (MCE), a European purchaser of non-performing loans, and Marlin Financial Services Ltd (MFS), a credit management company. MFS operates a 50 person call centre in Shoreham-by-Sea in the UK. Black Tip Capital is based in London and specialises in the formation, acquisition and management of financial services companies.

Chief Executive Officer – Chris Adelsbach joined Black Tip Capital after 12 years with GE including senior management positions in finance, operations, collections, sales and marketing. Prior, he served as Director of New Markets and Director of GE Money Sales Finance and Head of Asset Management, where he led a 300-person team and was responsible for leading the recovery and sales of GE Money’s UK consumer receivables portfolio. Chris is a graduate of the GE Financial Management and Quality Six Sigma Programmes. He has a Bachelors degree in Finance.

Chief Operating Officer – Adam Dalton joined Black Tip Capital after 12 years with GE including roles in finance, operations, collections and Quality “Six Sigma”. During the last four years, he specialized in integrating, optimising and establishing collections operations, leading an 800-person team over two sites, and taking responsibility for internal recovery and sales. Prior, Adam, as a key member of GE’s UK Auto-finance senior management team, played a critical role in optimizing the collection of portfolios. Adam is a graduate of the GE Operations Management Leadership and Quality Six Sigma Program. He has a Bachelors of Science degree in Engineering.

Director, Legal and Business Affairs – Tariq Khan joined Black Tip Capital after several years as in-house counsel in the financial sector including positions at First National Bank and GE Money. He has a broad range of experience in commercial and regulatory matters. He has served as a member of the GE UK Sales Finance Senior Management Team, responsible for business development and the launch of new products. He has a Law degree from the University of Westminster and is a member of the Bar of England and Wales.