NORFOLK, Va., Dec. 15, 2015 -- PRA Group (Nasdaq:PRAA), a global leader in acquiring nonperforming loans, today announced that Katy Rowell has been named vice president, IT project management.

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/14fb07ed-942d-4574-9d37-e851acfc0932

Rowell has more than 17 years of experience in information technology and program and portfolio management.  She most recently served as executive vice president, director of management information systems for Towne Financial Services Group and was previously senior vice president, program manager for Bank of America.

She earned a Master of Science degree in management of information technology from the University of Virginia and a Bachelor of Arts degree in biology from Randolph College. Her professional certifications include Project Management Professional (PMP) and Certified in the Governance of Enterprise IT (CGEIT).

About PRA Group
As a global leader in acquiring nonperforming loans, PRA Group (Nasdaq:PRAA) returns capital to global banks and other creditors to help expand financial services for consumers in the Americas and Europe. PRA Group companies collaborate with customers to help them resolve their debt and provide a broad range of additional revenue and recovery services to business and government clients.

PRA has been recognized as one of Fortune's 100 Fastest-Growing Companies for three years and one of Forbes' Best Small Companies in America for eight consecutive years since 2007. For more information, please visit www.pragroup.com.

News Media Contact:
Nancy Porter
Vice President, Corporate Communications
(757) 431-7950
NAPorter@PRAGroup.com