Press Release

BOC Aviation Appoints Head of Corporate Finance

10 Jul 2008

BOC Aviation has appointed Mr. Peter Davis as Head of Corporate Finance responsible for the company’s global treasury, funding, hedging, cashflow planning and cash management activities.  In this newly created role aimed at positioning the company for a growth in fleet size, Mr. Davis will manage the treasury and portfolio management teams and report to Mr. Phang Thim Fatt, Deputy Managing Director and Chief Financial Officer.

Mr. Davis brings 18 years of experience in the aviation business to BOC Aviation.  In his most recent position as Managing Director for Transport and Logistics in DBS Bank Ltd, Mr. Davis led a team that originated and structured aviation finance transactions involving loan syndications, debt capital markets, equity capital markets and global treasury activities.  In addition, he has also held senior positions in other banks including ING Bank and Long-Term Credit Bank of Japan.

BOC Aviation is the leading Asia-based aircraft leasing company with a portfolio of 83 modern aircraft operated by airlines worldwide. In addition, the company has 73 aircraft on firm order for delivery through to 2013.  BOC Aviation has one of the youngest fleet in the industry with an average aircraft age of four years.

BOC Aviation is 100% owned by Bank of China.