GE Capital and Aviation Services (GECAS) has appointed John Bordeaux as its chief investment officer. He will take up the role from April 2020, the company said in a statement.
Bordeaux’s finance portfolio will bring together various teams, namely aircraft trading, commercial operations and portfolio strategy.
GECAS said that having these teams under one leader will ensure the group takes a holistic view of its portfolio and all buy-hold-sell decisions.
Bordeaux is currently the global financial planning and analysis leader of GE Capital, a role he has held since May 2018.
Prior to this, he has held several key roles in finance and capital markets, namely serving in managing director roles in GE Energy Financial Services (EFS) and serving as the finance leader for GE’s global growth sales and project finance team.
Bordeaux started his GE career in GECAS in 2008 as vice-president of transaction advisory. He is a graduate of Loyola University in Maryland, US, and is also a graduate of GE’s Experienced Financial Leadership Program.
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Speaking on the appointment, Greg Conlon, chief executive of GECAS said: “This newly created role will be pivotal to our business and John‘s extensive experience will further strengthen GECAS’ position and help drive execution on our priorities.”
GECAS is the global commercial aircraft financing and leasing business of GE.
The company owns or services a fleet of more than 1,900 aircraft in operation or on order, plus provides loans collateralised on approximately 320 aircraft. GECAS serves about 250 customers in over 75 countries from a network of 25 offices, the company said on its LinkedIn page.