BOC Aviation Announces New Chief Risk Officer

BOC Aviation Limited (“BOC Aviation” or the “Company”) is pleased to announce the appointment of Stephen Barnes as Chief Risk Officer, with effect from today. Stephen succeeds David Farrell, who has resigned due to family reasons but will remain with the Company until the middle of August 2021 to ensure a smooth transition of his duties to Stephen.

Stephen will oversee all risk management matters globally, including asset, liability, credit and cashflow risk. He will be based in the Company’s headquarters in Singapore and reports to Zhang Xiaolu, Vice Chairman and Deputy Managing Director.

Stephen has more than 35 years of experience in the airline, aircraft leasing and banking industries. Prior to joining the Company, he was the Chief Financial Officer of the Singapore Airlines group.

“We thank David for his dedication and contributions to the Company over the last 15 years and wish him well in the future.” said Robert Martin, Managing Director and Chief Executive Officer. “Stephen brings with him broad experience of the airline, leasing and banking industries and we look forward to working with him.”