Attached files
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8-K - FORM 8-K - INTERNATIONAL LEASE FINANCE CORP | v59477e8vk.htm |
Exhibit 99.1
Contact:
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Paul Thibeau | |
ILFC Media Relations | ||
+1 310 788 1999 | ||
pthibeau@ilfc.com |
ILFC NAMES ELIAS HABAYEB CHIEF FINANCIAL OFFICER
LOS ANGELES May 11, 2011 International Lease Finance
Corporation (ILFC), a wholly owned subsidiary of American International
Group, Inc. (NYSE: AIG), today announced the appointment of Elias Habayeb
to the position of Chief Financial Officer effective May 11, 2011. Mr.
Habayeb will lead the companys financial operations including treasury,
insurance, accounting, and enterprise risk management and will report to
President Fred Cromer.
Elias brings to ILFC an impressive financial services background which
will allow us to build on our recent success, ILFC President Fred Cromer
stated. ILFC is well positioned to build on our market leadership
position and we look forward to the addition of Elias and his expertise in
support of our future financial and strategic efforts.
Mr. Habayeb most recently served as Senior Vice President, Investments and
Financial Services for ILFCs parent company AIG. At AIG, he was
responsible for management of a number of key programs including
overseeing AIGs Matched Investment Program, AIG Financial Products
assets and debt, and AIG Markets which included in excess of $30 billion
in assets and liabilities.
Additionally, Mr. Habayeb served as Chief Financial Officer of AIGs
Financial Services Division from 2005 to 2009. This division included the
aircraft leasing unit (ILFC) along with capital markets, consumer finance
and premium finance operations. Prior to AIG, Mr. Habayeb was a partner in
Deloitte & Touches Capital Markets Group where he was one of the firms
national leaders on accounting for financial instruments and advising
clients on derivatives and structured transactions.
About ILFC
ILFC is the international market leader in the leasing and remarketing of
commercial jet aircraft to airlines around the world. The people of ILFC
have a strong commitment to aviation and its role in building
relationships across the globe that drive innovation, prosperity, and
understanding. ILFC currently owns a portfolio consisting of approximately
930 jet aircraft.
About AIG
American International Group, Inc. (AIG) is a leading international
insurance organization serving customers in more than 130 countries. AIG
companies serve commercial, institutional and individual customers through
one of the most extensive worldwide property casualty networks of any
insurer. In addition, AIG companies are leading providers of life
insurance and retirement services in the United States. AIG common stock
is listed on the New York Stock Exchange, as well as the stock exchanges
in Ireland and Tokyo.
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10250
Constellation Blvd., Suite 3400, Los Angeles, CA 90067 l Tel: (310) 788-1999 Fax: (310) 788-1990