Press Release · Sep 6th, 2023
South Bend, Ind. (September 6, 2023) – 1st Source Bank is pleased to announce Chris Lee has been promoted to President of the Specialty Finance Group Aviation Finance Division as David Hudak enters retirement on September 30, 2023.
Mr. Lee brings an extensive aviation background to his new role including international and domestic experience that began in 1998 at Cessna Finance Corporation. He later joined SkyVenture International as their Global Vice President of Sales. In July 2020, Mr. Lee joined the 1st Source Bank Aviation team as Relationship Sales Officer/Vice President based in Austin, Texas.
“We are very excited to promote Chris Lee into this executive leadership role,” states Christopher Craft, CFA, CTP, MBA, President and Chief Operating Officer of 1st Source Bank’s Specialty Finance Group. “His deep aviation knowledge, positive leadership approach and proven dedication to expedited client service will keep our billion-dollar aviation portfolio soaring.”
Mr. Lee is an active aircraft owner and is a Commercial Pilot with instrument, multi-engine, land and sea ratings, and holds multiple jet type ratings. He earned a Bachelor of Business Administration in Finance from Texas Tech University and an MBA from Friends University. Mr. Lee is also a graduate of the Textron University Global Marketing Leadership Program at The Ohio State University, International Finance studies at Richmond, The American International University in London.
Mr. Lee has been active in Big Brothers Big Sisters, Junior Achievement, Habitat for Humanity, and currently volunteers on the board of LightHawk, an international pilot conservation group.
1st Source Corporation, parent company of 1st Source Bank, has assets of $8.4 billion and is the largest locally controlled financial institution headquartered in the northern Indiana-southwestern Michigan area. The Corporation includes 79 banking centers, 18 1st Source Bank Specialty Finance Group locations nationwide, nine Trust and Wealth Advisory Services locations and 10 1st Source Insurance offices. For 160 years, 1st Source has been committed to our mission of helping our clients achieve security, build wealth and realize their dreams. Learn more about 1st Source Bank Aircraft Financing on our website.