Business & Finance
Business and Finance
Business and Finance
Thu, May 12, 2011
Wed, May 11, 2011 
LOS ANGELES--([ BUSINESS WIRE ])--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 companya™s financial operations including treasury, insurance, accounting, and enterprise risk management and will report to President Fred Cromer.
"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."
aElias brings to ILFC an impressive financial services background which will allow us to build on our recent success,a ILFC President Fred Cromer stated. aILFC 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.a
Mr. Habayeb most recently served as Senior Vice President, Investments and Financial Services for ILFCa™s parent company AIG. At AIG, he was responsible for management of a number of key programs including overseeing AIGa™s Matched Investment Program, AIG Financial Productsa™ 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 AIGa™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, Mr. Habayeb was a partner in Deloitte & Touchea™s Capital Markets Group where he was one of the firma™s 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.
