Success Fee-Based DMB Financial Names New CEO
DMB Financial, one of only two success-fee based debt settlement companies, announces its new CEO Booway Balhaajav. Mr. Balhajaav is a Harvard Business School and Moscow University graduate whose previous appointments included personal assistant to the Mongolian Prime Minister, the Managing Director of Triumph Capital, and a Principal Consultant at Cayenne Consulting. His ambitious plan for DMB Financial by 2010 would fundamentally change the debt settlement industry.
Beverly, MA (PRWEB) May 23, 2009 -- DMB Financial, a leading provider of consumer debt resolution services, announces the selection of Booway Balhaajav as Chief Executive Officer. Mr. Balhaajav brings nearly 20 years of international diplomacy and business leadership experience to DMB Financial, and will lead the company's efforts to become the premier client-focused debt resolution company in the United States.
Balhaajav comes to DMB Financial with 13 years of experience in business leadership, entrepreneurship, and financial analysis in the management consulting and financial services industries, and 6 years experience in international diplomacy, Mr. Balhaajav is uniquely qualified to assist DMB Financial in servicing their broad portfolio of debt resolution clients.
Prior to joining DMB Financial, Mr. Balhaajav served as the Founder and Managing Director of Triumph Partners, and Principal Consultant at Cayenne Consulting. He holds a Masters degree in Linguistics from Moscow State University as well as an MBA from Harvard Business School.
"I am thrilled to be joining DMB, particularly at this time, as the debt resolution industry is just beginning to take a defined shape." says Mr. Balhaajav. "We have an opportunity to set new standards for the industry, and ethical debt settlement practices are greatly needed in today's economic climate to maximize benefits for debt settlement clients."
About DMB Financial:
DMB Financial negotiates debt with credit card companies for significant savings to the consumer. They've saved 11,000 clients over $87 million in credit card debt and counting. DMB Financial is the industry champion of a "success fee" based business model, where the company only gains when and if it delivers real savings to the consumer. For more information, see http://www.dmbfinancial.com.
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