The Equipment Leasing and Finance Association named Sudhir P. Amembal, chairman and CEO of Amembal & Halladay, to the 2016 Class of the Equipment Finance Hall of Fame.

ELFA President and CEO Ralph Petta made the announcement at the general session of the 55th ELFA Annual Convention in Palm Desert, CA. The official induction ceremony took place on October 22 at the chairman’s dinner preceding the ELFA Annual Convention.

“We congratulate Sudhir for being inducted to the 2016 class of the Equipment Finance Hall of Fame,” Petta said. “As a renowned industry educator, author and consultant, he has contributed immensely to the understanding and growth of the equipment finance industry in the United States and around the world.”

Amembal began his professional career in lease education, consultancy and publications in 1978 by co-founding Amembal & Halladay, which has trained more than 80,000 leasing professionals throughout the world. He has conducted technical presentations on leasing in more than 85 countries and authored or co-authored 16 books on leasing.

As a government advisor, Amembal has served as a leasing consultant to more than 20 governments, reviewing the overall leasing industry in each country and devising strategic recommendations to facilitate the growth of the industry.

Amembal chaired each annual World Leasing Convention from 1993 until its discontinuance in 2013.

He serves on the advisory board of OPC Asset Solutions, an asset life cycle management company in India, and as chief advisor to China Minsheng International Financial Leasing.

From 1997 to 2002, he served as chairman of Amembal Capital, a middle market leasing company. Prior to establishing Amembal & Halladay, he was a member of the faculty at the College of Business, University of Utah, and before that he worked for Ernst & Young.