UKEF announces aerospace and defence head

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UK Export Finance (UKEF) has appointed Pat Cauthery as head of aerospace and defence. 

Cauthery previously served as head of the chief executive’s office, leading the department's strategy development, policy and communication activities. He replaces Gordon Welsh, who was appointed head of business group in May. 

Prior to that, Cauthery spent seven years in the aerospace team. He was involved with UKEF’s first capital markets-funded transaction supporting the export of Airbus aircraft to operating lessor Aercap, and the first ECA-supported A380, delivered to Qantas.