Peterson brings extensive experience in financial services to the executive team, with a specific focus on risk management within the non-prime lending sector. CEO Bruce Weinstein described the hire as a strategic move to strengthen the company’s leadership bench and support its next phase of growth. For his part, Peterson pointed to the company’s strong balance sheet and established underwriting expertise as the primary factors behind his decision to join the organization. He plans to leverage these foundations to expand the firm’s market reach and solidify its influence in the credit space. Concora Credit operates by partnering with issuing banks to provide spending power to consumers who may otherwise face limited financial options due to their credit profiles.
Chris Peterson Appointed Chief Risk Officer at Concora Credit
Concora Credit has recruited Chris Peterson, a veteran of Capital One and Regional Management Corporation, to serve as its new Chief Risk Officer. Based in Beaverton, Oregon, Peterson will oversee the firm’s risk strategy as it seeks to scale its non-prime credit offerings to a broader consumer base.
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