Asset finance consultancy firm, IAA-Advisory,
has cemented its Chinese presence with the appointment of a
Beijing-based director.
Don Chan, has joined the company’s of board of
directors with specific responsibility for IAA’s Greater China
business.
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Chan has more than 25 years’ experience in
global leasing and structured finance, including his most recent
position with BNP Paribas Leasing Solutions China, which he led
from the start-up of the company in 2007.
Derek Soper, chairman of IAA-Advisory said:
“In a world where the economic power is swinging to the east, China
has become a key element of international trade and finance.”
A Certified Public Accountant and alumnus of
New York University Graduate School of Business, Chan has worked in
the Chinese leasing industry since 1997 during which time he has
seen the industry grow from just a dozen lessors with average
leased portfolios of less than $100m to a $100bn market with over
250 lessors in 2011.
Soper added: “His extensive experience
continuing to work in the Chinese leasing industry ever since 1997
brings a great added capacity to IAA-Advisory to assist clients
both from outside who are operating in China and from China looking
to conduct business outside of China, both finance companies and
manufacturers.”
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By GlobalDataChan will concentrate on helping
IAA-Advisory’s clients in the areas of governance, leasing
regulations, sales and marketing, risk, legal, tax,
accounting, HR and funding and has experience in a range of
business segments working closely with various Chinese, US and
European vendors.
grant.collinson@vrlfinancialnews.com
