AV AirFinance, a global commercial aviation loan servicer, appointed Kiel Garcia senior vice president of loan origination, APAC. Garcia will be responsible for sourcing loan opportunities and developing customer relationships in the Asia Pacific region and be based on Singapore.

Garcia has more than 17 years of experience in aviation and asset finance. Before joining AV AirFinance, Garcia spent three years in MUFG, most recently as deputy head of aviation finance, APAC. Garcia transitioned to MUFG when it acquired DVB Bank’s aviation finance business where he served as senior vice president. In his roles at both MUFG and DVB Bank, he was responsible for sourcing and structuring finance leases, limited recourse operating lease financings, PDPs, engine financings and warehouse facilities across a wide range of airline and lessor clients and jurisdictions in the APAC region. He also held senior roles at Philippine Airlines earlier in his career dealing with banks, aircraft lessors and OEMs.

“We are delighted to welcome Kiel to the AV AirFinance team,” Stephen Murphy, CEO at AV AirFinance, said. “Kiel has an in-depth knowledge of the Asian market which is essential as we continue to grow the platform and customer coverage in a key growth market.”