LONDON (ShareCast) - (ShareCast News) - Aviation services company Gama Aviation has appointed Richard Kearsey as its director of corporate development following the conclusion of the AIM-quoted firm's successful £48m equity placing.
Kearsey, a chartered accountant by profession, spent 27 years of his career in Close Brothers' aviation and marine finance division, acting is its managing director and establishing the UK merchant bank as a "market leader in business aviation and leisure marine finance".

Kearsey said,"Gama Aviation has the structure, financial means and shareholder backing to capture the opportunity that exists within the business aviation sector. I'm delighted to join the company and look forward to the Company's development in the years ahead."

Meanwhile, Marwan Khalek, Gama's chief executive officer, added, "Richard is another excellent addition to our Leadership team and I am very pleased that we continue to attract such high calibre talent to our business. His experience and proven business acumen will add immediate bandwidth to the team as we pursue our growth strategy this year."

As of 1200 GMT, shares had shed 0.57% to 262.00p.

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