Sun, Jun 05, 2011
Newly-Created Position In Response To Increased Demand
Aviation industry veteran Adrian Lee (pictured) has been
appointed as Head of Aircraft Transaction Management for IBA Group.
The role has been created to bring highly focused expertise to the
management and remarketing of IBA’s existing asset management
portfolio, and to meet an industry increase in aircraft
transitioning - both in terms of fleet renewals and retirements.
Furthermore, a number of financial institutions are outsourcing
part or all of their portfolio management to IBA.
Adrian has a total of 27 years experience in the finance,
aviation, aircraft remarketing and management industries, first
working in aviation remarketing in 1998.
Prior to joining IBA, Adrian held senior positions with Standard
Chartered Bank and was Vice President at Focus Aviation, an
international aircraft management and remarketing company. During
his time at Focus he successfully marketed a number of different
aircraft types on behalf of airline clients and financial
institutions ranging from ATR42 to Boeing B747-400 aircraft with
transaction values ranging from $4 - $85 million.
“I am joining IBA at an exciting time in the industry
cycle, and have identified significant opportunities based on my
previous experience combined with IBA’s industry standing and
knowledge of their client base,” Lee said.
“With Adrian’s skill-set in the area of aircraft
sales, sourcing and remarketing we can now confidently claim to be
the aviation industry’s only multi-specialist in terms of
appraisal, technical management, consulting and remarketing," said
IBA Group President and CEO Phil Seymour. "For clients who require
a full service aircraft asset management platform we are the only
professionals in the market to offer such a broad range of services
backed by such an experienced team.”
IBA’s in-house team of technical surveyors, analysts,
asset managers, appraisers and advisers has now grown to 35.
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