Our Leadership Team

Doing things the right way, for the right reasons, with a long-term focus.

Martin Sjolund

President and Chief Executive Officer

Martin Sjolund is president and CEO of PRA Group, Inc., a global financial services company and trusted leader in the nonperforming loan industry. Through the purchase and collection of nonperforming loans, PRA Group companies return capital to banks and other creditors to help expand financial services for consumers in the Americas, Europe and Australia.

With more than 14 years of experience in the financial services industry and more than a decade at PRA Group, Sjolund’s business acumen and institutional knowledge – combined with his collaborative approach to leadership and commitment to culture – are integral to the company’s sustained performance.

Before becoming president and CEO, Sjolund served as president of PRA Group Europe since 2018, where he provided leadership across 15 markets in Europe, Canada and Australia. During his tenure, Sjolund oversaw nearly $3 billion of successful portfolio investments across Europe, all while significantly improving the profitability of the European business.

He led the company’s expansion into two new markets, modernized information technology infrastructure and contact platforms, enhanced the data and analytics function and ultimately created one of Europe’s most cost-efficient debt buying and servicing platforms.

In November 2015, Sjolund was promoted to chief operating officer of Europe, after acting as European director of group strategy and corporate development for Aktiv Kapital from 2011 until PRA Group acquired the company in 2014.

Prior to joining Aktiv Kapital, Sjolund held positions of increasing responsibility with Cisco Systems, McKinsey & Company and Ericsson. Sjolund earned an MBA from the University of Chicago and graduated magna cum laude with a bachelor’s degree from Georgetown University.