In the world of commodities, where fundamental supply issues compete with macro-economics and geo-political uncertainty for supremacy and markets are often volatile, managing commodity price risk can be a daunting challenge.
This ACT webinar discussed a number of topical issues faced in the design of appropriate risk management strategies and their execution. The session looked at how the overall business drivers and objectives should mould hedging strategy, and what market factors may be used to help effective execution.
Topics included:
Sponsored by:
James is responsible for raising the ACT’s profile and building relationships with stakeholders worldwide, in particular with key customers such as corporates, banks, educational and professional bodies. Previously he directed the ACT’s international professional development programmes, delivering short course training and professional qualifications in treasury, risk management and corporate finance. James started his career in engineering and speciality chemicals; he is a UK Chartered Accountant, MCT qualified, and he has some 20 years’ experience in treasury, corporate finance and risk management, gained in substantial international public and private companies.
Andy joined Lloyds Bank in February 2011 to develop the Bank’s commodity risk management offering to the corporate client base. A chemical engineering graduate, Andy originally started his career with Shell as a technologist at Shell Haven Refinery, moving progressively through refinery scheduling into trading, and thence into marketing of risk management to Shell Commercial’s clients. Andy took his hands-on experience to RBS, where he built and ran RBS’s commodity derivative business over ten years, and after a spell at Fortis Bank, came to Lloyds. While providing the bread-and-butter capabilities for commodity hedging, Andy specialises in assisting clients with understanding their more complicated exposures and providing bespoke risk management solutions, including supporting clients design risk management strategy tailored to their individual requirements.
