Executive Changes: Asta Creates, Fills COO Spot; Announces Promotion

Asta Funding, Inc., (Nasdaq: ASFI), a company that acquires, manages, collects and services portfolios of distressed consumer receivables for its own account, today announced the appointment of Cameron (Bill) Williams to the newly created position of Chief Operating Officer and the promotion of Mary Curtin to the position of Senior Vice President.

In this new role, Mr. Williams’ responsibilities include outsourced servicing activities, the acquisition and sale of portfolios, and certain support functions — human resources, portfolio analysis, and process management. Prior to joining Asta Funding, Williams spent 40 years in finance company operations. He spent the last eight years as the CEO of Popular, Inc.’s North American finance company operations. Before his time with Popular, he was the Chief Operating Officer of BankAmerica’s consumer finance company.