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A/S Global Risk Management has announced that Frank Lausen has been employed as Oil Risk Manager at the company's head office in Middelfart, Denmark.

In a statement, the company said Lausen, aged 43, will be responsible for advising and selling customized fuel trading and risk management solutions to customers exposed to oil prices.

"Frank has previously worked as Oil Risk Manager, Head of Institutional Sales and Senior Sales Manager in large Danish and International banks and trading houses and brings a wealth of experience and competences to the team in Middelfart and the company as a whole," Global Risk Management said.

Global Risk Management's sales teams are based in Middelfart, Singapore and Copenhagen. The company says its teams work individually, but also cooperate under the motto: "one global team".

Commenting on the new appointment, Global Risk Management said: "Frank has thorough knowledge about trading financial derivatives including oil related products. He is used to trading with business partners around the world and has worked closely with the branches of his previous employers in New York, London, Zürich, Frankfurt, Singapore and Dubai, for longer periods over the years."

Managing Director Hans Erik Christensen remarked: "I am very pleased that Frank has joined our company and look forward to working with him; and I am sure that his background and personal network will be of great benefit to us and our clients on short as well as long term."

Contact details for Frank Lausen are as follows:
Email: ftl@global-riskmanagement.com
Phone: +45 8838 0006
Fax: +45 8838 0009