Richard Moody recently joined Cranfield Aerospace as the Chief Investment Officer. Moody comes with over 25 years of experience in global finance leadership in banking organisations with responsibility for providing leadership in respect of investor relations, strategic investments, and capital raising. In the new role, Richard will be responsible for driving the company’s goal of developing the world's first zero-emissions, regulatory-certified, commercially viable, Hydrogen aircraft.
Paul Hutton, CEO of Cranfield, said: “Cranfield Aerospace is leading the introduction of zero-emissions hydrogen propulsion into commercial aircraft, and Richard’s leadership, expertise, and experience from the financial sector will be a key attribute as we look to scale the company and raise further capital and develop the commercial partnerships needed to deliver our vision.”
On his appointment, Moody said: “Sustainability and decarbonization are the major generational themes in the aviation industry today and Cranfield has the engineering and aerospace expertise to play a significant part in this critical agenda. I am delighted to be joining the company at this exciting time as it seeks to develop the world’s first commercially viable hydrogen aircraft.”
Prior to taking up this post, Moody was the Global Head of Transportation Finance at Deutsche Bank (DB) overseeing a team of professionals in London, New York, Singapore and Hamburg and working with operators, lessors, developers and investors across private and public capital markets. In his career at DB, he has successfully raised and financed over US$75 billion across the transportation and infrastructure sectors globally.
He also served as the Co-Head of Transportation, Infrastructure, and Energy (TIE) Financing for EMEA/Americas. Richard was a member of DB’s Global Credit Financing Solutions Management Committee and Chairman of the Global Transportation Investment Committee.
Moody was also the Global Credit Trading lead in helping to develop DB’s transportation sustainable framework and represented the bank on the Aviation Working Group (AWG) an NGO focused on international aviation financing and leasing including sustainability issues.