Executive Change: CCH Hires Lee Milhollin; Saket Sahoo to Astra Business Services

Jacksonville, FL: Central Credit Holdings, Inc. (CCH), headquartered in Jacksonville, FL, today announced it has hired Lee Milhollin to direct corporate development and acquisitions.  Simultaneously, Astra Business Services, a wholly-owned, offshore CCH subsidiary, announced it has hired Saket Sahoo as Executive Vice President.

Lee Milhollin’s executive experience in the accounts receivable management industry dates to 2001 and features a concentration on portfolio sales and acquisitions as well as business development for some of the industry’s leading companies.

Saket Sahoo has worked in the business process outsourcing industry in India since 2001, with responsibilities to include managing offshore transitions for a variety of industries, including accounts receivable management.  Mr. Sahoo has worked extensively with top collection agencies and debt buyers in the U.S. market, and most recently served as a consultant to CCH in its efforts to integrate offshore and domestic operations.

James J. Eccleston, Chairman and Chief Executive Officer of CCH, stated, “I am excited that CCH continues to attract such a diverse group of dynamic, highly experienced people for our management team,” he said, adding, “The addition of key individuals like Lee and Saket will allow us to further expand and diversify to meet our clients’ needs.  We welcome them to the CCH family.”

CCH is the parent company of Astra Business Services and Central Credit Services, the organization’s domestic subsidiary.  Affiliated organizations include Radius Software Solutions, which delivers robust, management-driven telephony and analytics technology solutions to the accounts receivable management industry, and Central Portfolio Investments, which provides asset buyers and sellers with a well-funded, compliant, reliable partner for strategic accounts receivable portfolio acquisitions and divestitures.