Volga-Dnepr Group has appointed Paul Nolan as its new fleet development director.

According to Volga-Dnepr, Nolan is based in London and will be responsible for the efficient fleet development of the group’s cargo airlines in accordance with their adopted strategies and customers’ and partners’ service needs.

“I am very happy to be joining an ambitious and fast-growing airline group which is recognized by customers all over the world for the quality of its operations and extensive service capability,” said Nolan. “Throughout its 28-year history, Volga-Dnepr Group has been successfully implementing its strategic plans steadily and consistently, and I intend to contribute to this ongoing progress by applying my knowledge and expertise to the benefit of the group’s airlines and their customers.”

Nolan has worked in aviation commerce for more than 30 years, most recently spending more than 15 years as senior vice president of aircraft asset management at dedicated international transportation finance institution DVB Bank SE, covering clients in the Europe, the Middle East, Africa, Japan, India, Russia and the Commonwealth of Independent States. He has also held management positions at Rolls-Royce, the Royal Bank of Canada and the Industrial Bank of Japan.

Nolan has led international aircraft leasing and investment projects, and brings his long-term experience of commercial and legal consulting on aircraft sales and deliveries, according to Volga-Dnepr.