Specialist regional aircraft leasing company, TrueNoord, has appointed Sean O’Riordan as its new strategic planning and analysis (SP&A) manager.

In this role, O’Riordan is expected to enhance the company’s financial management capabilities and its competitive advantage.

TrueNoord is a full-service aircraft lessor which provides leasing, financing, fleet transition, and asset management solutions in the 50 to 150 seat capacity range to airlines around the world.

Currently, it owns a fleet of more than 100 latest technology turboprop, regional jet, and crossover aircraft on lease to more than 30 operators across 24 countries, which connect remote locations to larger urban centres.

O’Riordan will be based out of True Noord’s Dublin office, responsible for providing financial forecasting models and critical business insights to help commercial policies and strategic decision making.

His background in commercial planning and analysis and his over a decade of experience in aircraft leasing and financing, makes him a strategic candidate for the role.

“My previous roles at SMBC Aviation Capital and Goshawk allowed me to develop deep expertise in financial modelling, deal structuring, and transaction analysis, through working on key restructurings, lease transitions, and portfolio acquisitions,” said O’Riordan.

“I bring a highly analytical approach to commercial forecasting and strategic planning, and am excited to apply these skills in support of TrueNoord’s operations and growth objectives.”

O’Riordan will also work closely with investment company and TrueNoord shareholder, Freshstream, on financial strategy and equity initiatives to ensure it remains in an optimal position for growth.

Paul Murphy, chief financial officer of TrueNoord, commented on the appointment: “TrueNoord has a dynamic culture, strong upwards trajectory, and ambitious vision for growth in the regional aircraft leasing sector. Our successful bond issuance and commitment to expanding our global presence reflect the company’s long-term investment approach.

“We are proud to attract and retain the very best people in the industry and, having worked with Sean previously, I know from first-hand experience that he will be a great addition to the team.”