04 May 2022

Acumen Appoints Ian Clark as Advisor - Asset Management

Dublin – 04-05-2022:  Acumen Aviation, a leading Aircraft Asset Management Company is delighted to welcome Ian Clark as Advisor - Asset Management, to the Acumen Team.  Ian is an aviation executive with a wealth of experience, spanning more than 35 years within the sector.  Prior to joining Acumen, Ian completed a four-year tenure as Chief Technical Officer at Avolon, a leading global aircraft leasing company, having been a key member of their team for ten years.  Prior to this Ian also held multiple senior management positions with several UK based airlines and MROs. Acumen CEO & Chairman Alok Anand said: “Ian and I have known each other for a long time, and it gives me great pleasure to welcome him to the Acumen Team.   Ian’s capability, knowledge and understanding coupled with his leasing, technical and operational experience will help us in our pursuit of growth and excellence”. Ian Clark said: “Acumen is a company that I have admired for a long time, their ability to anticipate, adapt and support their customers’ needs has always impressed me. To be invited by Alok to assist him and his management team with their ambitions for growth, coupled with their commitment to continually improve and expand their dynamic service offering makes this a very interesting and exciting opportunity. One which I was flattered to receive and very pleased to accept”. About Acumen Aviation Acumen is an aircraft asset lease manager with a global platform, established in 2009, headquartered in Ireland with offices in India, China and the USA.  Acumen’s management team has over 300 years of cumulative experience with a permanent staff of over 90 people. Acumen offers a full range of services throughout the lifecycle of the aircraft including aircraft sourcing, pre-purchase inspections (physical and records), project management, lease management, re-marketing, fleet audits, aircraft trading, powerplant management, aircraft valuations and CAMO services. Its customers include aircraft lessors, airlines, banks, private equity and investors. For more information please contact: Acumen Press Office: China Location: Beijing, China Phone: +861062434080 livia.liu@acumen.aero   Acumen Press Office: America Location: Miami, USA Phone: +1 954 999 8060 sean.oconnor@acumen.aero   Acumen Press Office: Europe Location: Dublin, Ireland Phone: +353 86 2424777 martin.corcoran@acumen.aero   Acumen Press Office: Central Asia Location: GIFT City, India Phone: +91 9004689225 kumar.narayanaswami@acumen.aero   Acumen Press Office: South Asia Location: Bangalore, India Phone: +91 8800701356 ankit.harbhajanka@acumen.aero Disclaimer: Cautionary Note Regarding Forward-Looking Statements; The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in such statements. In addition to statements, which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Acumen Aviation Europe Ltd core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related integration issues, (xiii) reorganization measures, and (xiv) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences. The company assumes no obligation to update any forward-looking statement.