Bank of America (BoA) has just hired Alex
Badran, one of the UK’s biggest hitters in corporate jet finance in
a move widely regarded as a major coup for the bank.
Badran previously held a senior role at Cessna
Finance, the leasing arm of Cessna, the corporate jet manufacturer
owned by Textron.
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Prior to Cessna, Badran, who has also worked
at Barclays and GE’s business jet arms, was head of sales at RBS’
Corporate Jet Capital arm.
The move follows a decision this month by the
bank’s US business to sell three of its corporate jets and a
Merrill Lynch helicopter.
Brendan Malkin
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