The Chartered Institute of Credit Management (CICM) has awarded its Centre of Excellence status, the highest accolade for best practice in credit management, to Aggregate Industries, a leading player in the construction and infrastructure industries for a second time – making it one of only five companies across the UK to have attained this accolade.

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To achieve such an honour, companies have to demonstrate ongoing best practice and continuous improvement in credit, a culture of continuing professional development and progress towards qualified credit professionals, and a contribution to the credit community and further development of the credit profession.

The Head of Education and Professional Development, Head of CICMQ Accreditation, and CICM Chief Executive review applications for Centre of Excellence status before submitting them to the CICM’s Executive Board for final review. Decisions are announced after Executive Board meetings in March and September. Successful applicants achieve Centre of Excellence for two years.

Phil Rice FCICM, Head of Credit at Aggregate Industries, says being renewed as a CICM Centre of Excellence is a great reflection of the company’s commitment to professionalism, employee training and development: “This also highlights our credit team's achievements and our continued engagement with the wider industry,” he says. “We are proud to be one of only five companies in the UK to achieve this accolade and are dedicated to further growth within our credit management team, in which every employee is a member of the Institute.

“As part of our commitment to the industry, we will once again be holding our annual Breakfast Briefing event in February 2018 with the CICM, and look forward to seeing many of you there.”

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