International Lease Finance Corporation (ILFC), a subsidiary of American International Group (AIG), has appointed Elias Habayeb as chief financial officer (CFO). Habayeb will lead the company’s financial operations including treasury, insurance, accounting, and enterprise risk management and will report to president Fred Cromer.
Most recently, Habayeb served as senior vice president (SVP), investments and financial services for ILFC’s parent company AIG. At AIG, he was responsible for management of a number of key programmes including overseeing AIG’s matched investment programme, AIG financial products’ assets and debt, and AIG markets, which included in excess of US$30bn in assets and liabilities.
Additionally, Habayeb served as CFO of AIG’s 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, Habayeb was a partner in Deloitte & Touche’s capital markets group, where he was one of the firm’s national leaders on accounting for financial instruments and advising clients on derivatives and structured transactions.
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