A/S Global Risk Management Ltd. Fondsmaeglerselskab (GRM) on Tuesday (26 January) welcomed Kenneth Steengaard as Chairman of the Board while announcing a new strategy.
The new strategy focuses on developing the best financial hedging programs available and ensuring that customers are always front and centre of every decision made, it shared.
“Global Risk Management is a company with great potential, and I am thrilled to get the opportunity to work even closer with the management team,” said Kenneth Steengaard.
“The global pandemic and volatile energy prices have only increased the need for our products and services, and I look forward to helping the company capitalise on that opportunity.”
Keld R. Demant has served as the Chairman for GRM since 2017 and on his watch, GRM has experienced significant growth which among other achievements has led to the recent appointment of a new management team and a new strategy.
The time has now come to pass on the torch to a Chairman with a very strong skillset within the financial industry to help take the company to the next level.
As of January 26th, Keld R. Demant will leave the Board of Directors for Global Risk Management, paving the way for Kenneth Steengaard to take on the role of Chairman.
When Kenneth Steengaard was brought into GRM’s Board last year, it was with the intention of appointing him Chairman of the Board, and GRM have already benefitted greatly from his vast experience and expertise in the field of finance and hedging.
“It has been a great pleasure to help build a strong player in the international energy hedging market. The timing for me to hand over the reins is perfect as GRM is now set up to pursue further growth which I am sure will happen with Kenneth Steengaard at the helm,” said Keld R. Demant.
Photo credit: Global Risk Management
Published: 27 January, 2021
‘We need to keep in mind the saying “penny wise pound foolish”,’ says Captain Rahul Choudhuri, the Managing Director AMEA at VPS, who stresses on the essential role of the Bunker Surveyor.
Legal representatives met at the High Court on Tuesday to discuss the discharge of KPMG liquidators from all liability in respect of conduct in the course of winding up, show court documents.
Global sentence adjusts to 80 month’s imprisonment term for both Chang and Koh under application of the Masui sentencing framework; fine of SGD 6.2 million against Chang remains unchanged.
Company has been ranked EIGHTH for 2020; ‘we are humbled and proud to be placed amongst the top ten winners of the Enterprise 50 Awards,’ says Satnam Singh, COO, Sing Fuels.
Mads Bjornebye, Manager of Bunker Services at Teekay Tankers Ltd, shares about the company’s perspective of e-BDNs, bunker purchasing & planning tools, while offering his thoughts on future marine fuels.
Maritime sector may find it increasingly challenging to manage bunker prices, Dennis Ho, Managing Director at ElbOil Singapore tells Singapore bunkering publication Manifold Times.