Dublin, Ireland:
AV AirFinance Limited (“AV AirFinance”), a worldwide industrial aviation mortgage servicer, introduced right this moment that Kiel Garcia has joined AV AirFinance as Senior Vice President-Loan Origination (APAC). Based in Singapore, Mr. Garcia will probably be answerable for sourcing mortgage alternatives and creating buyer relationships within the Asia Pacific area.
Mr. Garcia has over 17 years of expertise in aviation and asset finance. Prior to becoming a member of AV AirFinance, Mr. Garcia spent three years in MUFG, most just lately as Deputy Head of Aviation Finance, APAC. Mr. Garcia transitioned to MUFG when it acquired DVB Bank’s aviation finance business the place he served as Senior Vice President. In his roles at each MUFG and DVB Bank, he was answerable for sourcing and structuring finance leases, restricted recourse working lease financings, PDPs, engine financings and warehouse amenities throughout a variety of airline and lessor purchasers and jurisdictions within the APAC area. Mr. Garcia additionally held senior roles at Philippine Airlines earlier in his profession dealing with banks, plane lessors, and OEMs.
“We are delighted to welcome Kiel to the AV AirFinance team,” mentioned Stephen Murphy, CEO at AV AirFinance. “Kiel has an in-depth knowledge of the Asian market which is essential as we continue to grow the platform and customer coverage in a key growth market.”
AV AirFinance is a worldwide industrial aviation mortgage servicer established by a group of skilled business professionals and KKR in June 2021. The secured mortgage servicing platform combines secure, long-term capital and a long time of expertise structuring industrial plane mortgage transactions to provide artistic and revolutionary financing options to industrial aviation prospects around the globe.
About AV AirFinance Limited
AV AirFinance is a mortgage servicer specializing in arranging financing for industrial plane to airways, lessors, producers, cargo operators and buyers, secured by new and used industrial plane and engines. AV AirFinance providers over $1 billion of economic plane loans. AV AirFinance is headquartered in Dublin, Ireland with workplaces in New York and Singapore. For extra info, please go to www.avairfinance.com.
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