Aris Kekedjian, GE Capital M&A and business development leader, will lead GE’s M&A/business development team effective September 1, 2016.

Kekedjian has led the GE Capital M&A team since 2010 and has been a central figure in the successful transformation of GE Capital into a smaller, safer company over the last 18 months.

Jeff Immelt, GE chairman and CEO, said, “Aris has done an exemplary job in building and leading a first class team at GE Capital, and I look forward to working with him in this new role as we continue to build our position as the leader in the digital industrial economy.”

GE Capital going forward will primarily consist of three global businesses, GE Capital Aviation Services (GECAS), GE Energy Financial Services and GE Industrial Finance, which support the growth of GE’s industrial businesses and customers.