Gunvor To Expand Global Trading Activity With New Hires
April 13 2010 - 7:49AM
Dow Jones News
Geneva-based, independent energy company Gunvor International BV
has made a number of appointments in an effort to expand its
activities in the natural-gas, coal and electricity markets, the
company said in a statement Tuesday.
The company has hired Wilfried Staub, formerly a trader of
European natural gas at EDF Trading, a unit of Electricite de
France SA (EDF.FR), and Rhodia SA (RHA.FR), and an oil trader at
TXU Energy Trading, a subsidiary of TXU Corp. (TXU).
Staub will join Gunvor May 17 and take responsibility for
Gunvor's physical-gas positions across continental Europe.
The appointment follows a statement by Robert Alpen, Gunvor's
vice president of natural gas and liquefied natural gas, who told
Dow Jones Newswires in late March that the company was keen to
mirror its success in the oil market in the natural-gas arena.
Other hires include Douglas Smith, who is to join Gunvor as a
coal trader in June. Smith was previously responsible for coal
portfolio management and proprietary trading at Centrica PLC
(CNA.LN), the statement said.
And in an effort to widen its activities in the Nordic and
Baltic electricity markets, Gunvor has also hired Fredrik Bodecker,
who has had previous stints at Nordic Commodity Funds in Sweden and
RWE AG (RWE.XE), the statement said.
Company Web site: http://www.gunvorgroup.com
-By Reza Amanat, Dow Jones Newswires; 4420-7842-9487;
reza.amanat@dowjones.com (Angela Henshall in London contributed to
this report.)