News and press

Nordic Aviation Capital strengthens its C Suite with two new appointments

Nordic Aviation Capital, the world’s largest regional aircraft lessor, today announced the appointment of Gareth Halpin as Chief Funding Officer, effective 6 April 2020. Gareth will be based out of NAC’s newly opened Headquarters in Limerick and will report to the company’s CEO, Søren M. Overgaard.

Gareth has over 25 years of experience in the aviation and financial services industry. Most recently, he was Group Treasurer and Head of Capital Markets at Avolon. In this role, Gareth led the Capital Markets and Treasury teams and was responsible for raising more than USD25 billion in debt in a variety of banking and public markets globally, including more than USD10 billion of acquisition finance for the CIT acquisition.

Prior to Avolon, Gareth served in several senior executive roles in the financial services and aircraft leasing sector, as Deputy Head / Senior Manager of the Debt Restructuring division in IBRC bank and as Director of Marketing and Risk Management in Pembroke Group (now Standard Chartered Aviation Finance). He started his career with KPMG in the financial services sector.

Gareth has a Bachelor of Business Studies from Trinity College Dublin and is a Fellow of the Institute of Chartered Accountants Ireland (ACA).

Furthermore, Morten Mikkelsen will assume the position of Chief Financial Officer with immediate effect. Morten will continue to be based in the Billund office and will report to the company’s CEO, Søren M. Overgaard.

Since joining NAC in 2017, Morten has played a pivotal role in further strengthening and leading the development of NAC’s global finance function and executing strategic initiatives. Most recently, Morten was Senior Vice President of Group Finance in NAC.

Morten has a wealth of experience from his 19 years tenure at the AP Moller Maersk Group. Specifically, he was CFO in APM Terminals for five years. Prior to this, he was Director of Finance for APM Terminals and Treasurer for the North American activities of the A.P. Moller – Maersk Group. Morten has a Master’s in Finance and Accounting from Aarhus University.

Søren M. Overgaard, CEO of Nordic Aviation Capital, commented, “We are very happy with the additions to our C Suite at a time where the aviation industry is facing unprecedented uncertainty. Gareth has extensive industry and leadership experience with a very impressive professional record. Morten has earned great respect throughout his time at NAC and demonstrated great leadership ability; he has played a significant role since joining NAC in 2017. I am confident that both Gareth and Morten will excel in their new positions”.

About Nordic Aviation Capital

NAC is the industry’s leading regional aircraft lessor serving 75 airline customers in 51 countries. The company provides aircraft to well-established carriers such as British Airways, Air Canada, LOT, Azul, Lufthansa, Garuda, Aeroméxico and airBaltic as well as major regional carriers including Air Nostrum, Cityjet, Airlink and Widerøe. NAC’s current fleet of 500 aircraft includes ATR 42, ATR 72, Bombardier Dash 8, CRJ900/1000, Airbus A220 and Embraer E-Jet family aircraft.

For additional information, please visit us at www.nac.dk

Contact: Søren M. Overgaard, +45 7651 1200

 

Ireland

Gardens International,
Henry Street, Limerick City,
Ireland
Tel: +353 61 432 400

Denmark

Stratusvej 12,
7190 Billund,
Denmark
Tel: +45 7651 1200

USA

401 East Las Olas Boulevard,
Suite 1700,
Fort Lauderdale,
FL 33301,
USA
Tel: +1 954 763 4737

Singapore

20 Bendemeer Road 03-12
339914 Singapore
Tel: +65 6735 7014

Hong Kong

Tower 535 Suite 18005
535 Jaffe Road
Causeway Bay, Hong Kong
Hong Kong SAR, PRC

NAC is the global Leader in Regional Aircraft Leasing with over 200 employees operating across 5 locations globally.
The company provides aircraft leasing and lease management services to airlines and aircraft investors worldwide.