Press Release

BOC Aviation Announces Senior Management Appointments, London Subsidiary

16 Jun 2014

BOC Aviation is pleased to announce the appointment of Steven Townend as Chief Commercial Officer for Europe, Americas & Africa. He has moved from the company’s Singapore headquarters to London, where a new subsidiary has been formed.

Mr. Townend has been Chief Commercial Officer in charge of the revenue side of the company since 2004. He has more than 20 years of aviation finance and leasing experience, and holds an Honours degree in Banking and Finance from Loughborough University in the U.K.  Mr. Townend will oversee all senior relationships within Europe, Americas and Africa and have primary responsibility for airline leasing and sales in these regions. He will also lead the company’s strategy for developing capital market products for both airline customers and third-party investors.

Graham Lees has been named Head of Aircraft Sales, based in Singapore. Prior to this, he was the Head of Airline Leasing & Sales for Asia Pacific and the Middle East, backed by more than 25 years of experience in various disciplines within the commercial aerospace sector, including senior positions with both airframe and engine manufacturers. Mr. Lees graduated in Mechanical Engineering from Derby University and holds a Master of Business Administration degree from Loughborough University in the UK.

Nick Devall is appointed Head of Airline Leasing & Sales for Asia Pacific and Middle East, adding depth to the management team with 29 years of experience marketing and selling to airlines globally. He will be based in Singapore. He holds an Honours degree in Economics and Geography and a Master of Philosophy from Sheffield University, UK.

“BOC Aviation is today a leading global aircraft lessor, with total assets exceeding US$10 billion, and an unbroken record of 20 years of profitability, ’’ said Robert Martin, Managing Director and Chief Executive Officer. “To maintain our leadership and financial performance, we take pride in continuing to build a strong and sustainable management team with experience across all of the core competencies in the aircraft operating leasing business to further grow the company.”

BOC Aviation is the leading Asia-based aircraft leasing company with a portfolio as of 31 March comprising 237 owned and managed aircraft operated by 55 airlines and 33 countries worldwide, with another 98 in the pipeline. The owned fleet has an average age of less than four years. The Company has one of the youngest fleets in the industry with an average owned aircraft age of less than four years.

BOC Aviation is 100% owned by Bank of China.

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