CDB Aviation appointed Brendan O’Neill its new CFO. O’Neill will oversee all financial aspects of the company. O’Neill has two decades of aircraft leasing and multinational experience.
“We are very fortunate to have found such a strong executive for our CFO role,” Patrick Hannigan, CEO of CDB Aviation, said. “Brendan possesses deep strategic and financial acumen, and the breadth of knowledge and experience in aviation finance that will be a valuable asset to our company, particularly at a time when we are focused on navigating our path through the current challenging environment and positioning for the next phase.”
O’Neill joined CDB Aviation from DAE Capital, where he spent 11 years, including time as part of AWAS, most recently holding the position of senior vice president of financial reporting, planning and analysis. He conducted a range of financial efforts, including capital raising, liquidity management, rating agency engagement, investor relations, and strategic financial planning and analysis. In 2017, O’Neill played a role in the sale of AWAS to DAE and the subsequent integration of the two companies post acquisition.
O’Neill commenced his career with Kerry Group in its graduate program, gaining domestic and international experience across a number of roles. He progressed to GE and held senior positions in its financial services division. O’Neill is a fellow of the Association of Chartered Certified Accountants (FCCA).
“I am excited to join CDB Aviation’s executive leadership and lead its excellent finance team, while working closely with the CDB Leasing team to execute toward our goals of achieving sustainable profitability, increasing shareholder value and driving company operations forward from a position of strength,” O’Neill said. “The truly remarkable development of our business over these past few years is in large part due to the dedication and efforts of our talented management and innovative team, focused on sustainable growth and innovation. As we navigate current market headwinds, we will work together to achieve our objectives of discipline and focus, zeroing in on market enhancement strategies and leveraging emergent opportunities to advance long-term vision.”
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.
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