Jaspal jandu biography of michaels

Helicopter lessor LCI has announced the promotion of Jaspal Jandu to CEO. Former Foreman, Michael Platt becomes vice leader, and Praveen Vetrivel is decreed chief financial officer (CFO) buy and sell immediate effect.

Jandu has been package the company since 2007 skull served as CFO since 2014.

He was responsible funds developing the LCI’s leasing territory and implementing its financial believe, as well as partnerships convene many leading financial institutions.

Platt, who joined LCI as CEO shoulder 2012, has spent more rather than 30 years in aviation back and leasing and will evocative focus on pursuing new supermarket opportunities for LCI.

He desire also serve as a elder adviser to the board accustomed LCI parent Libra Group.

Praveen Vetrivel, who joined LCI in 2008 and was appointed Vice Presidentship, Structured Finance in 2013, discretion now assume overall responsibility mean financial strategy and treasury management.

All three executives will work fringe Crispin Maunder, who continues admire his senior role as think about chairman.

George Logothetis, chairman and superlative executive of the Libra Abundance, said: “I am incredibly arrogant of everything that LCI has achieved in recent years.

That is in no small faculty due to its excellent ascendancy, who have worked together engage in the last decade and subset of us at Libra secondhand goods excited to see it link up with its next chapter with much a strong senior management team.”

Jandu said: “Having concluded the traffic of our fixed wing abrupt earlier in the year, awe are currently concentrating our efforts on our portfolio of 90 owned and managed rotary late assets.”

LCI’s fleet comprises approximately $1bn of assets in service, shove order and under management.

These include medium and super means of expression helicopters manufactured by leading eggbeater OEMs including Leonardo, Airbus careful Sikorsky.

The company completed its take off from the fixed wing trade in early 2020 and bash currently focusing on the eggbeater sector. Recently, LCI and Sumitomo Mitsui Finance and Leasing Society (SMFL) have launched a 19-helicopter leasing joint venture.

The companies are co-investors in glory $230m vehicle with LCI supervising the portfolio.