Frankfurt/Main, 26 June 2017 - DVB Bank SE, the specialist in international transport finance, has appointed Eelco van de Stadt, DVB's Head of Aviation Finance North & South America, as Global Head of Aviation with effect from 1 August 2017, replacing David Goring-Thomas who was recently appointed to join DVB's Board of Managing Directors.

Eelco van de Stadt will relocate to DVB London Branch to assume his new position, from New York where, for the past eleven years, he has been leading DVB's Aviation activities in the Americas.

David Goring-Thomas commented:

"I am delighted that Eelco has agreed to take on this new responsibility. He has been instrumental in developing DVB's presence in the Americas to the market leader we are today. More generally, he has been a key advocate for the establishment and growth of the full range of Aviation activities which we offer our customer base: comprising investment management, asset management, advisory, research and, most recently, debt funds, in addition of course to our core structured finance/lending business."

Eelco van de Stadt said:

"I'm very pleased to be taking on this new challenge to lead DVB Aviation in the years ahead. With airlines generally performing well, our market today is attracting an unprecedented level of bank, lessor and investor interest. This presents competitive challenges, but also fresh opportunities, as many of the new entrants look to benefit from our deep industry knowledge, global market coverage and range of services. With the industry constantly at risk of geopolitical events and other external factors, or should I say "shocks", we will continue to position and develop our business so as to be equally effective in the good times we experience today, as well as through more volatile periods."