Nordic Aviation Capital (NAC) has appointed Michael Østerlund Madsen as its Chief Financial Officer (CFO) and member of the Executive Management, effective March 15, 2016.
Having held several executive positions in The East Asiatic Company (EAC), Michael Østerlund Madsen’s most recent position was as Group CFO and member of the Executive Board. Prior to that, Michael Østerlund Madsen was Head of Group Accounting at EAC's Group Operational Centre in Singapore. His career also includes financial and managerial positions within international companies in Denmark, The Netherlands and Saudi Arabia.
Søren M. Overgaard, CEO of Nordic Aviation Capital, commented: “I am very pleased to have Michael onboard and look forward to strengthening our fast growing business with his profound insights into finance, accounting, capital markets and risk management. Taking our merger with Jetscape and Aldus into consideration, we have many great activities waiting ahead”.