PRA Group names new chief financial officer

Norfolk-based PRA Group Inc. announced Wednesday that a former General Electric executive will become its new chief financial officer in August.

PRA is a global company involved in acquiring and collecting nonperforming loans.

Pete Graham will serve as PRA’s executive vice president and CFO beginning Aug. 10. He is a finance executive with more than 20 years of experience in a range of sectors including lending, leasing, insurance and asset management.

Graham worked for General Electric for 14 years. He served most recently as a finance executive on the GE Capital exit plan team, working on GE’s disposition of the majority of GE Capital. 

Other positions at GE Capital included CFO for GE Commercial Distribution Finance and GE Capital Markets.  He also was controller for treasury and global funding operations and controller and manager of financial planning and analysis for GE Asset Management.

Before joining GE, Graham was with KPMG LLP for 10 years. As senior manager at the accounting firm, he led audit and advisory teams serving clients in insurance, banking and asset management. 
Graham has a bachelor’s degree in accounting from the University of Connecticut and also is a Certified Public Accountant.