October 24, 2016: The Equipment Leasing and Finance Association (ELFA) have named Sudhir P. Amembal, Chairman and CEO of Amembal & Halladay (AH), to the Equipment Finance Hall of Fame. The official induction ceremony took place on October 22 at the Chairman’s Dinner, in Palm Desert, California, preceding the ELFA Annual Convention. He is the only inductee for 2016; and, since the inception of the Hall of Fame, is the only non-lessor to be inducted.
“We congratulate Sudhir for being inducted to the Hall of Fame,” said Ralph Petta, President and CEO of ELFA. “As a renowned industry educator, author and consultant, he has contributed immensely to the understanding and growth of the equipment finance and leasing industry in the United States and around the world.”
In his acceptance speech, Sudhir said, “I am, of course, honored to be inducted into the Hall of Fame; and, I am overwhelmed to be the only recipient this year. What Amembal & Halladay has done is well documented; what we have received in return is not. We have had the incredible opportunity to be of service to the global leasing industry; and, the friendships we have forged along the way have been priceless.”
Sudhir began his professional career in lease education, consultancy and publications in 1978 by co-founding Amembal & Halladay, which has trained over 80,000 leasing professionals throughout the world. He has conducted technical presentations on leasing in more than 85 countries.
He has authored or co-authored 16 books on leasing, including: Winning With Leasing, Operating Leases: The Complete Guide, International Leasing: The Complete Guide, The Handbook of Equipment Leasing, Lease Securitization, A Guide to Accounting for Leases, and A Guide to Captive Finance Company Equipment Leasing.
As a government advisor, Sudhir has served as a leasing consultant to more than 20 governments, reviewing the overall leasing industry in each country and devising strategic recommendations to facilitate the growth of the industry.
Sudhir chaired each annual World Leasing Convention from 1993 until its discontinuance in 2013. He is the co-organizer and chair of the annual China Global Leasing Forum.
He serves on the Advisory Board of OPC Asset Solutions, a prominent asset life cycle management company in India, and as Chief Advisor to CMIG Leasing, one of the most prominent leasing companies in China.
From 1997 to 2002, he served as Chairman of Amembal Capital Corporation, a middle market leasing company. Prior to establishing Amembal & Halladay, he was a member of the faculty at the College of Business, University of Utah, and before that, he worked for Ernst & Young in New York City. He has a Bachelor of Commerce from the University of Bombay, India, an M.B.A. from the University of Utah and is a CPA qualified to practice in New York.
The ELFA Board of Directors established the Equipment Finance Hall of Fame in 2014 to annually recognize individuals who have made unique, significant or lasting contributions to the equipment finance industry throughout their careers.