IBA Group expands to meet increasing demand in Asia

IBA has appointed David Yu as Executive Director, Business Development – Asia, to further develop its services to airlines, investors and banks.

With extensive knowledge in aviation finance and leasing including deal origination, analysis, structuring, financing, and portfolio management, David’s experience will strengthen IBA’s expansion across the Asia region. Previous responsibilities include acting as Libra Group’s China Chief Representative and Vice President Asia, where he regulated all Libra’s Asian interests including the growth of its aircraft leasing entity, Lease Corporation International. David has also worked within Bank of America’s Global Industries Group, where he was focused on transactions in transportation, aerospace and defence and diversified industrials. David will continue to act in his current role as Managing Director of Inception Aviation.

David is fluent in English and Mandarin. He will be based in Beijing and cover the Asia region.

President and COO Phil Seymour comments, “David’s appointment to IBA will significantly expand the services our business can provide to China and the surrounding region. We already have a strong footprint in Japan and Australia so David’s local knowledge and full time presence will build awareness of our services across all aviation sectors: from airline fleet assessments, aircraft acquisitions, disposals and redeliveries, to MRO support and advice.”