CFO, CDB Aviation
Will Gramolt is the Chief Financial Officer of CDB Aviation, the aircraft leasing business of China Development Bank Financial Leasing Co Ltd. (CDB Leasing). CDB Leasing is the only leasing arm of the China Development Bank and a leading company in China’s leasing industry that has been engaged in aircraft, infrastructure, ship, commercial vehicle and construction machinery leasing and enjoys a Chinese sovereign credit rating. It took important steps in the second half of 2016 to globalize its business, listing on the Hong Kong Stock Exchange and appointing a new management team.
China Development Bank is under the direct jurisdiction of the State Council of China and is the world’s largest development finance institution. It is also the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance, enjoying a Chinese sovereign credit rating.
Mr. Gramolt has more than 20 years’ experience in finance, 15 of which have been in aircraft leasing. He has wide-ranging experience including in equity and debt capital raisings, corporate M&A, cross-border group structuring and stock market listings and subsequent reporting in the UK, Australia, USA, China and Hong Kong.
He has worked in a variety of aircraft leasing companies including leading the finance functions at Hong Kong Aviation Capital and GAAM and held finance roles at AWAS and BBAM. He has experience of the establishment and integration of new departments, systems and processes and of treasury management, budgeting, forecasting and hedging.
Mr. Gramolt holds a Bachelor’s degree (1st Class Honours) from London University, is a Chartered Accountant and graduated from London Business School’s Senior Executive Programme.