CDB Aviation, a wholly-owned Irish subsidiary of China Development Bank Financial Leasing, has appointed Paul Boyle as head of EMEA Commercial, based in Dublin.
Boyle will drive commercial activity and outreach by engaging with airlines, aircraft manufacturers, and other industry participants in the region.
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Before joining CDB, Boyle worked for Aer Lingus, Airbus Financial Services, SMBC, AerCap, and most recently Avolon.
Peter Goodman, chief marketing officer for CDB, said with nearly three decades in aviation and aircraft finance, Boyle has led cross-functional deal teams in a variety of transactions, including remarketing, sale and leaseback, and order book placements, the company said in a statement.
Goodman added that Boyle has cultivated senior executive relationships across a wide swath of the region’s airlines. He has earned an industry-wide reputation for his ability to continuously dissect fleet requirements and shifting trends to tailor financing and fleet solutions that best leverage the operators’ emergent opportunities and address their ongoing challenges.
Goodman pinpointed Boyle’s impressive track record in cultivating airline relationships at senior levels as “key to further strengthening the EMEA Commercial Team’s continued success in providing support and expanding outreach to meet the airlines’ evolving fleet needs, particularly as they navigate their path out of the existing headwinds.”
Paul Boyle, CDB Aviation head of EMEA Commercial, said: “I look forward to broadening our reach and furthering the relationships with airlines as one of the leading global aircraft lessors in the EMEA region, and beyond.”
CDB Aviation is a wholly owned Irish subsidiary of China Development Bank Financial Leasing, a 35-year-old Chinese leasing company that is backed mainly by the China Development Bank.
China Development Bank is under the direct jurisdiction of the State Council of China and is the world’s largest development finance institution. It is also the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance, enjoying Chinese sovereign credit rating.
CDB Leasing is the only leasing arm of the China Development Bank and a leading company in China’s leasing industry that has been engaged in aircraft, infrastructure, ship, commercial vehicle and construction machinery leasing and enjoys a Chinese sovereign credit rating.
In July 2016, the business listed on the Hong Kong Stock Exchange.
