Global Jet Capital has appointed Vivek Kaushal as chief operating officer, taking over from Dave Labrozzi who was recently appointed as vice chairman. Kaushal joined the company in 2015, in conjunction with Global Jet Capital's acquisition of the GE Capital business aircraft portfolio. He will oversee Global Jet Capital's commercial, credit and operations functions, driving acceleration across all growth activities. Prior to his appointment as COO, Kaushal was Global Jet Capital's chief risk officer, where he oversaw the underwriting, portfolio, valuation and operations functions of the company. Over the course of his career with Global Jet Capital, he has made strong contributions towards establishing the company's core operating processes, providing customers and industry partners with flexible financing solutions, and successfully completing three issuances of asset-backed securities.

“Vivek is a dedicated leader with deep domain knowledge who will help bring Global Jet Capital's substantial resources to our customer base and increase their choices for financing aircraft,” says chairman and CEO Shawn Vick. “We are excited to see him take on this increasingly important role as we continue to expand globally and add assets to our portfolio.”