IBA appoints new director of asset management
Leading aviation consultancy IBA has appointed Peter Walter as Director – Asset Management.
Walter joins IBA from Bellinger Asset Management where he was Head of Origination and Client Relations EMEA. He will oversee IBA’s asset management growth plan as it seeks to expand its breadth of expertise and broaden its range of services in line with emerging global opportunities.
Prior to Bellinger, Walter worked as Fleet Planning Director for Flybe and also spent over 10 years in aviation finance roles at Santander and Alliance & Leicester.
In his previous roles Walter acquired many years’ experience across aviation transactions and asset management strategies looking at new aircraft with top tier airlines, higher yield asset risks, remarketing, leasing and mid-life to part-out transactions with a total value of over $3.5 billion.
Walter joins IBA as it builds on its established technical and appraiser expertise to develop its asset management and servicer business and to provide independent advice – particularly in relation to the risks and opportunities around the asset, lease returns and scenarios for remarketing and repossessions.
Phil Seymour, CEO of IBA comments, “Peter possesses a wealth of experience and knowledge of numerous funding structures and transaction procedures across many different asset types. He has an outstanding track record in driving innovation and delivering for customers and I am confident he will provide our clients with the very best commercial insight for their assets whilst helping IBA’s asset management team to develop further and achieve its full potential”.
Peter Walter adds, “I’m delighted to be joining IBA and contributing to our ambitious growth plans. I have been a client for many years and have always been impressed by IBA’s depth of knowledge and insight. Their burgeoning reputation is evidenced by winning the Appraiser of the Year Award for 2018 and I am very much looking forward to developing the asset servicer business, providing a link between the asset owners, financiers and investment communities and IBA’s years of market knowledge and technical expertise.”
Celebrating 30 years of experience and a portfolio of over 100 aircraft, IBA is ideally placed to manage existing aviation portfolios or support the establishment of new platforms. IBA’s combination of independence, breadth of expertise and depth of data provides aircraft owners with premier asset management services capable of supporting their investments through each stage of the cycle starting with pre-transaction analysis, fleet servicing, remarketing or transitioning.