Norman Liu, President & CEO

Klaus Heinemann, Chairman

Non-Executive Director

Klaus was CEO of AerCap from 2002 to 2012, where he was instrumental in building the firm into a top global aircraft lessor. He was previously on the Executive Board at DVB Bank from 1998 to 2002, driving its transformation to a global transportation-focused bank. Klaus also served as Joint General Manager at Long Term Credit Bank from 1988 to 1998, where he built its aviation financing franchise.

After AerCap, Klaus has been an independent director at multiple firms for the last decade. He is currently supervisory board member and Chair of the Audit Committee of Hamburg Commercial Bank AG. He was also former Chairman of Ingrid Hoteles and Finnair OY and a former board member of Algeco Scotsman SARL.

Patrick Blaney

Non-Executive Director

Patrick Blaney joined the Board of NAC in July 2020, and served in that capacity and as a member of its Restructuring Committee through NAC’s emergence from Chapter 11 in June 2022, joining the new Board of NAC at that time.

Patrick is Chair of the MSc Aviation Finance Programme at University College Dublin (“UCD”) Michael Smurfit Graduate Business School, Ireland’s leading Graduate Business School.

Prior to joining UCD, and over a 30-year career, Patrick held a number of senior executive positions in various Aviation and Infrastructure Financing businesses, including as CEO at Guinness Peat Aviation (GPA) now part of AerCap.

Patrick is a Fellow of the Institute of Chartered Accountants in Ireland, and graduated with a degree in Economics from Trinity College Dublin in 1976.

Martin Cooke

Non-Executive Director of the Board

Martin Cooke joined the Board of NAC as Non-Executive Director in January 2021. He was part of a four person restructuring committee that led the company through a major restructuring of its balance sheet in the following 18 months, which involved a pre-arranged US Chapter 11 and a significant reduction in its overall bank debt.

Martin is fellow of the Chartered Association of Certified Accountants (FCCA) with over 30 years’ experience in a variety of industries, holding roles as Chairman, CEO, CFO, and Independent Director of over 100 companies in that period. Capable of leading a multinational company through all phases of the economic cycle, including start-up, raising growth capital, driving organic growth, leading to enhanced shareholder value.

Holding many titles at board and senior management levels, he has vast experience managing companies in various sectors across several European jurisdictions, assisting them through the difficult stages of a restructuring.

Martin has also worked with a number of high growth technology companies who required his expertise in raising finance and putting sound financial structures in place to allow them to develop and commercialise their businesses.

Paul O’Donnell

Non-Executive Director

Paul O’Donnell joined the Board of NAC as a Non-Executive Director in January 2021 in conjunction with the Company’s restructuring.

Paul was previously a Managing Director at Blackstone in London. He has over 20 years of corporate finance experience as an advisor to public and private companies, as well as private equity funds, on M&A and financial restructuring transactions.

Prior to Blackstone, Paul worked at Close Brothers Corporate Finance (now DC Advisory) and in the Corporate Recovery team at PwC.

Paul is a Fellow of Chartered Accountants Ireland and graduated from NUI Galway with a Bachelor of Commerce and UCD with a Master of Accounting.

Catherine Duffy

Non-Executive Director

Catherine Duffy joined the Board of NAC in June 2022.

Catherine is a former partner and Chair of a leading Irish law firm, A&LGoodbody where she headed up the Financial Services Department for 13 years and the Aviation Finance group for 19 years. She is currently a consultant to the Financial Services Department of the firm. Catherine has over 30 years' experience advising the industry in relation to aviation finance and leasing.

Catherine is a member of the executive committee of the Aviation Working Group Legal Advisory Panel advising on implementation and interpretation of the Cape Town Convention on International Interests in Mobile Equipment as it applies to aircraft assets.

Catherine graduated with a degree in law from Trinity College Dublin in 1984 and qualified as a solicitor in Northern Ireland in 1988 and in Ireland in 1990.

Dermot Mannion

Non-Executive Director

Dermot Mannion has been active in the aviation sector now for more than 30 years. In 1985, he joined Emirates rising to the position of President Group Support Services. Subsequently, he went on to hold the position of Aer Lingus CEO between 2005 and 2009, leading the airline through the process of privatization.

More recently, he has completed a four term of office as Deputy Chairman of Royal Brunei Airlines which was awarded the accolade of 'Asia Turnaround of the Year 2013'. Dermot has also completed a three year term of office as non-executive director of Abacus Holdings Limited, one of largest IT companies based in Singapore.

He is now based in Ireland and acts as consultant to a number of aviation projects worldwide. Dermot is a graduate of Trinity College Business School in Dublin and he is also a Fellow of the Institute of Chartered Accountants in Ireland.

All directors are non-executive except for Norman Liu.

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