Houston, TX -- LTD Financial Services, L.P., a full-service accounts receivable management and business process outsourcing company, today announced that veteran collections executive Derrek Davis has joined the company as Chief Operating Officer, reporting directly to CEO, David John. Derrek will support the development and execution of LTD’s strategic priorities based on an aggressive new business growth strategy.

As COO, Derrek will direct all aspects of LTD’s business operations, domestic, nearshore, and the LTD “Client First” support team. He will focus on ensuring continued performance success on behalf of LTD client partners while maximizing productivity and enhancing vital strategic partnerships. Derrek’s strategic leadership and operational expertise and proven ability to deliver results in Customer Solutions, Care, Collections, BPO services, and third-party Loss Mitigation will ensure the success of LTD’s business goals.

“Derrek brings a wealth of experience to this position and a strong reputation for operational excellence, we are excited for him to rejoin the LTD family” said David John, CEO. “As we accelerate LTD’s growth and expansion in full account management services, Derrek’s vision, leadership skill, and operational expertise will be an invaluable asset.” 

Derrek brings over 25 years of industry experience and has held numerous executive and operational leadership roles, most recently as Operations Director at Ovation Financial Services. Prior to Ovation, Derrek was LTD’s Senior Vice President of Operations for 15 years where he successfully oversaw the start-up and development of new satellite operations for added collections impact and added revenue value to the company. Earlier in his career, Derrek held leadership roles at GC Services and Triad where he gained key career experience in third-party collections servicing premier credit grantors.

“I am excited to take on this new role at LTD and welcome the opportunity to partner with David and the talented LTD senior leadership team to help execute the Company’s strategic vision and drive sustainable growth,” said Derrek. He added, “It’s good to be home.”

For more information, contact Derrek Davis via email at derrek.davis@ltdfin.com.

About LTD Financial Services, L.P.

Established in 1993, LTD Financial Services, L.P. is a nationally recognized provider of ARM and BPO services. LTD’s solutions consistently deliver quality customer experiences and superior financial results for our clients through leading technology, omni-channel communications, and data driven decisions in a fully compliant, customer-centric culture. Our approach places our clients first in every aspect of our relationship including Customer Solutions, Care, Collections, Recovery, Compliance, Controls, Communication, and Accountability.

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