SMBC Aviation Capital, an aircraft leasing companies, announced the appointment of Noriyuki (Nori) Hiruta as the new Chairman of the Board.

Hiruta assumed the position of Chairman of SMBC Aviation Capital in May, having previously served as General Manager of the Lease & Business Development Department at Sumitomo Corporation (SC) Tokyo.

Hiruta succeeds Tom Tanaka, who has served as Chairman since 2020. Hiruta has held a number of roles in SC, including General Manager of the Aircraft & Engine Leasing Department and General Manager of the Aerospace Business Department SC Europe. He was also a key member of the acquisition team that managed the takeover of SMBC Aviation Capital from RBS in 2012 while working as Joint General Manager of the Aviation Capital Department at Sumitomo Mitsui Finance & Leasing Co., Ltd (SMFL).

Peter Barrett, Chief Executive Officer, SMBC Aviation Capital, said, “Nori has an impressive track record of delivering growth at Sumitomo Corporation and his counsel will be invaluable as we extend our leading position in the sector and deliver positive change for our customers, the industry and wider society. On behalf of the Board, I would like to thank Tom Tanaka for his guidance and support during his role as Chairman of SMBC Aviation Capital.  We wish Tom every success in his future role.”

Hiruta added: “After two decades of growth and transformation, SMBC Aviation Capital is entering the most exciting period in its history and it’s my great pleasure to take on the role of Chairman at this pivotal time. I have immense confidence in the company’s leadership team, strategy and potential and look forward to supporting the business in this next phase of its growth.”