LCI appointed Eric Kataoka as Chief Investment Officer (CIO), and the promoted Nigel Leishman as Chief Commercial Officer (CCO). These changes in top management are on the backdrop of recent investment in LCI by Sumitomo Mitsui Finance and Leasing Co., Ltd. (SMFL).
With over two decades of experience in aviation Eric Kataoka was previously SMFL’s General Manager of Aviation Business Development. In the new role he will be responsible for overseeing LCI’s investment activities, capital deployment and portfolio management.
Nigel Leishman was previously LCI’s Executive Vice President and Global Head of Marketing. Based in Singapore, he has been a part of the LCI team since 2008 and has more than 35 years’ experience in aviation. He will lead the company’s marketing and commercial teams, and develop a range of innovative leasing solutions designed for a new era of aviation.
Jaspal Jandu, Chief Executive, LCI, said: “I am delighted with both of these announcements. Eric and Nigel bring extensive strength and depth to LCI’s senior executive team, and will play pivotal roles in the next chapter of our company’s development. I am confident that their proven leadership skills and respected industry relationships will add enormous value to our company, customers and partners.”
Commenting on his appointment, Eric Kataoka, CIO of LCI, said: “I look forward to working closely with the LCI team and our shareholders as we develop the business. My focus will be on developing an investment strategy and strengthening our processes, both of which will underpin innovative and sustainable growth.”
“We are entering a new era in aviation with rapid technological advances paving the way towards a more sustainable future. LCI has an integral role to play in this journey, and we will deliver the commercial and financial innovation to make this possible,” commented Nigel Leishman, CCO of LCI.
SMFL and Libra Group plan to grow LCI’s business by $1.5 billion over the coming years with significant capital investment by shareholders.