Falcon Aerospace Limited has appointed Moshood Bode Abolade as an Independent Non-Executive Director, as the company intensifies efforts to secure large-scale funding and expand across international markets.
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‎The appointment comes as the company accelerates capital raising and multi-regional growth, with a focus on strengthening its position in the business aviation sector.
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‎Abolade, an infrastructure finance and investment professional, is expected to provide oversight and strategic financial guidance as the company advances its funding and expansion plans.
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‎Accepting the role, Abolade said he joined the board at a pivotal period for the company and would apply his experience in investment banking and infrastructure finance to support its funding strategy and growth objectives.
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‎Chief Executive Officer of Falcon Aerospace, Erika Achum, said the appointment aligns with the company’s plans to raise capital for international expansion, noting that Abolade’s experience in investment execution and financial structuring would support its engagement with global capital markets.
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‎The company said Abolade has worked across investment banking, energy and infrastructure, with experience in structured finance, project development and long-term asset investment. His career includes roles at Africa50, BUA Group, FBN Merchant Bank, United Capital Plc and Vetiva Capital Management Limited.
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‎He holds a degree from the University of Lagos and a Master of Business Administration (MBA) with a finance major from the Wharton School of the University of Pennsylvania.
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‎Chief Operating Officer, Tejumade Salami, said Abolade’s expertise in infrastructure finance aligns with the company’s operational plans, particularly as it expands its fleet and operations beyond Africa.
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‎“As we scale our fleet and expand our reach beyond the African continent, his insights into structured finance and operational performance will help us maintain a lean, bankable, and highly efficient business model.” he said.
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‎Falcon Aero said it has stepped up fundraising efforts to support its growth, adding that it secured a $10 million credit facility in October 2025 from TLG Capital, structured alongside Wema Bank, for its flagship brand, VivaJets.