Madam MA Hong Appointed as Chairperson and Non-Executive Director of CDB Aviation

DUBLIN – April 27, 2023 – CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced that Madam MA Hong was appointed as Chairperson and Non-Executive Director of CDB Aviation, effective April 18, 2023.

“I feel privileged to take on this role at such an exciting time for CDB Aviation, one of the premier global leasing companies that has leveraged its increasingly prominent role in the aircraft financing ecosystem to advance its commercial growth journey,” noted Madam MA Hong, newly appointed Chairperson and Non-Executive Director of CDB Aviation. “Together with our board members and the management team, we will continue to ensure CDB Aviation’s growth strategy makes a positive impact for all stakeholders in the broader aircraft leasing community, including our customers, the OEMs and suppliers, our financial partners, and, of course, our shareholders.”

Ms. MA Hong is currently Chairwoman and Executive Director of CDB Leasing, the lessor’s parent company and the leasing business platform under China Development Bank (“CDB”). Ms. MA Hong, who joined CDB Leasing in May 2021, has served in her current chairmanship role since November 2021. She became part of CDB in March 1994, where she held various positions, including Deputy Head of CDB Planning Department, Vice President of CDB Beijing Branch as well as President of CDB Shanxi Branch and President of CDB Beijing Branch.

“The unique capabilities and resources of and continued support from our parent, CDB Leasing, have helped tremendously to propel our platform to where we are today. Ms. MA Hong’s long history of leadership and her extensive experience within CDBL and CDB, which recognize that CDB Aviation is a business in growth mode, will be critical to the next phase of our development,” concluded Jie Chen, CDB Aviation Chief Executive Officer.

View Madam MA Hong’s full biography at https://www.cdbaviation.aero/madam-ma-hong.