NAC, CDB Aviation beef up executive teams
Nordic Aviation Capital and CDB Aviation are the latest lessors to announce senior appointments, including some of former GECAS executives. NAC has appointed Mike Jones as EVP Global Marketing, David Farrell as EVP & Chief Risk Officer, Colin Joyce as EVP Marketing Operations and Ross McKeand as SVP Specialty Markets/Fleet Planning. CDB Aviation has appointed Michelle Wu, formerly GECAS SVP Marketing Commercial & Regional Manager China, as its Head of Commercial, Greater China.

NAC’s new EVP Global Marketing Mike Jones has over 30 years of origination experience in the aviation industry at GPA and GECAS. His last position at GECAS was EVP Emerging Markets, where he led teams covering airline accounts across Asia, the Middle East/Africa/CIS and Latin America. He will have global responsibility for NAC’s airline marketing team and the company’s customer relationships.

New EVP & Chief Risk Officer David Farrell comes from BOC Aviation, where he has been its CRO since from 2006. He brings over 30 years of experience in the aviation industry, including 13 years with GPA and GECAS.
Michelle Wu, new Head of Commercial, Greater China at CDB Aviation.


Colin Joyce joins the business with over 20 years of experience in the industry, including 15 years at GECAS. He most recently worked at JLPS Ireland Limited as Chief Investment Officer. He will be responsible for leading Marketing Operations, including transaction pricing, fleet roll-off/OEM skyline management, structured finance and aircraft trading.

Ross McKeand has over 16 years of experience in the aviation industry, including with GECAS, Airbus and Bombardier and has worked extensively providing product marketing support to airlines in Europe and Asia. Prior to joining NAC, he worked as Managing Director, Market Planning Department in ICBC Leasing. He will work closely with the marketing team focusing on fleet planning, product evaluation and specialty markets, including cargo, hydrogen and firefighting conversions. Jones, Farrell and Joyce will report to the company’s President & CEO, Norm Liu. McKeand will report to NAC’s EVP Global Marketing, Mike Jones.

CDB Aviation has appointed Michelle Wu as Head of Commercial, Greater China. She joins from GECAS, where she has had over 20 years’ experience in various executive roles focused on executing marketing efforts and nurturing key airline relationships in the region. Most recently, she was Senior Vice President Marketing Commercial & Regional Manager China, leading the lease placement, extension, and sale and leaseback of more than 350 new and used aircraft and freighters. Prior to GECAS, Wu was Deputy Director of Leasing Office at Civil Aviation Administration of China (CAAC), where she arranged aircraft financings for CAAC affiliate airlines and, in her regulatory capacity, participated in drafting the related aviation laws and regulations in China.

Patrick Hannigan, CDB Aviation’s Chief Executive Officer, commented on the appointment: ‘CDB Aviation’s ongoing growth and success in the marketplace will continue to be driven by a priority focus on China and its significance as a critical aviation market. Michelle is a leader of the highest calibre and joins our best-in-class team of leasing and finance leaders who deliver on the strength of our brand as a global, full-service lessor.’

In other moves, BOC Aviation has recuited Conor Stafford from Goshawk as its Head of Airline Leasing and Sales (Europe and Africa and Vmo Aircraft Leasing has recruited Ardy Ghanbar as CFO from Castelake Aviation, where he held the position.

Vol. 12 Issue 2 of Aviation Finance