DAE announces promotions to Chief Financial Officer and Chief Accounting Officer positions

| DAE Capital | DAE Group

Dubai, U.A.E., 5 May 2022 – Dubai Aerospace Enterprise (DAE) Ltd today announced the following two promotions with an effective date in the third quarter of 2022:

  • Sinan Kahya has been promoted to the role of Chief Financial Officer, reporting to the Chief Executive Officer.
  • Melissa Closa has been promoted to the newly created role of Chief Accounting Officer, reporting to the Chief Financial Officer.

Sinan joined DAE in 2014 and has previously been responsible for Corporate Development, Financial Planning and Analysis, Fixed Income Investor Relations and interfacing with credit rating agencies. Sinan has a Bachelor’s and Master’s degree in Mathematics, a Master’s degree in Corporate Finance and Banking and is a CFA charterholder. Prior to joining DAE, Sinan worked in credit and treasury roles in banks.

Melissa joined DAE in 2008 and has been previously responsible for almost all groups within the accounting function. Melissa has a Bachelor of Science in Accountancy and is a Certified Public Accountant (CPA). Prior to joining DAE, Melissa worked in public accounting.

Firoz Tarapore, Chief Executive Officer of DAE said, “These appointments are a consequence of consolidating the Finance function into the headquarters location in Dubai. Sinan has the trust of our senior leaders and will make an excellent Finance leader as we aim to grow our business to the next stage of our development. Sinan replaces Jennifer Creevey, who has done a stellar job as Chief Financial Officer since her appointment in 2017. We wish Jennifer every success in her future endeavours.

Both Sinan and Melissa are DAE veterans and embed our core values in their daily behaviors. I look forward to working with them in their new roles and nurturing our next generation of leaders as we aim to solidify our position as a global leader in aviation services.”

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About DAE

Dubai Aerospace Enterprise (DAE) Ltd. is a global aviation services company headquartered in Dubai. DAE serves over 170 airline customers in over 65 countries from its seven office locations in Dubai, Dublin, Amman, Singapore, Miami, New York and Seattle.

DAE’s award-winning Aircraft Leasing division has an owned, managed, committed and mandated to manage fleet of approximately 425 Airbus, ATR and Boeing aircraft with a fleet value exceeding US$16 billion. DAE’s Engineering division serves customers in Europe, Middle East, Africa and South Asia from its state-of-the-art facility accommodating up to 17 wide and narrow body aircraft. It is authorized to work on 13 aircraft types and has regulatory approval from over 25 regulators globally. More information can be found on the company’s web site at www.dubaiaerospace.com.

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