Falcon Aerospace Ltd. says it has appointed Mr Moshood Abolade, an infrastructure finance expert, as an Independent Non-Executive Director of its Board.
The company said that the appointment follows its global funding drive to propel business aviation.
Chief Executive Officer of Falcon Aero, Mr Erika Achum, made this known in a statement on Friday in Lagos.
He said the strategic appointment further intensifies the company’s push for large-scale funding, and accelerates its international expansion across key global markets.
“We are thrilled to welcome Moshood Abolade to our Board, as we embark on an ambitious push for funding to fuel our international expansion.
“Moshood’s deep-seated experience in driving bankability and executing early-stage investments across complex platforms will be invaluablee,” he said.
He described Abolade as a highly accomplished infrastructure, finance and investment professional, with a distinguished career spanning investment banking, energy, and core infrastructure.
Achum also noted that his appointment was expected to provide strategic financial guidance, as Falcon Aero transitions into its next phase of capital raising and multi-regional growth.
Reacting to his appointment, Abolade said that he was willing to deploy initiatives that will help drive strategic funding irequired to upscale the organisation.
“I am honoured to join the Board of Falcon Aerospace at such a pivotal moment in its history; the firm’s vision for regional connectivity and international scaling is inspiring.
“I look forward to leveraging my experience in investment banking and infrastructure finance, to help drive the strategic funding initiatives required to cement Falcon’s position as a leader in business aviation,” he said.
Reacting to Abolade’s appointment, Chief Operating Officer of Falcon Aerospace, Mr Tejumade Salami, noted that Abolade’s background in infrastructure finance, is perfectly aligned with the organisation’s operational goals.
“As we scale our fleet and expand our reach beyond the African continent, his insights into structured finance and operational performance will help us maintain a lean, bankable, and highly efficient business model,” he said.
Abolade holds a Bachelor’s degree from the University of Lagos, and a Master’s degree in Business Administration with a Finance major from the Wharton School, University of Pennsylvania.
