CDB Aviation Lease Finance (CDBALF) has added three new members to its executive team; Rob Murphy will join the company as General Counsel and Chief Operating Officer; Pat Hannigan will assume the role of Chief Commercial Officer; and John Cunningham will take the position of Senior Vice President Asia Pacific, the company said.
All three executives will be tasked with supporting the next stage of expansion and growth, focusing on strengthening the company´s aircraft portfolio and expanding its market reach beyond China.
Murphy joins CDBALF from Freshfields Bruckhaus Deringer, an international law firm, where he led the global aviation and asset finance team and the global aviation sector group focused on aviation clients. Murphy earned his Bachelor´s in Law degree from Trinity College Dublin and will join CDBALF in the spring.
Hannigan has three decades of experience in finance, marketing, sales, and P&L oversight. Prior to CDBALF, he was Head of EMEA for Avolon, where he led the EMEA origination team, coordinating placement and remarketing of aircraft within the region. He is a fellow of the Institute of Chartered Accountants Ireland.
Cunningham was most recently Chief Investment Officer Designate of a private aviation investment fund. He is a Chartered Accountant and Member of the Institute of Chartered Accountants Ireland. He earned his Bachelor´s in Business Studies degree from Trinity College Dublin.
CDB Aviation Lease Finance is the aircraft leasing unit of China Development Bank Financial Leasing Co., Limited (CDB Leasing), a 33-year-old Chinese leasing company that is backed mainly by the China Development Bank. China Development Bank is under the direct jurisdiction of the State Council of China.
CDB Leasing is the only leasing arm of the China Development Bank. It is engaged in aircraft, infrastructure, ship, commercial vehicle, and construction machinery leasing. It has been listed on the Hong Kong Stock Exchange (HKEX STOCK CODE:1606) since July 2016.