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Global Risk Management welcomes Kenneth Steengaard as new Chairman of the Board

27 Jan 2021

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

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