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Denmark's A/S Global Risk Management has announced a series of staff promotions for this year, effect from 1 January 2014.

Torben Kampp Madsen [pictured, top left] has been promoted to the role of Chief Financial Officer (CFO). Commenting on the news, Erik Christensen, Managing Director said: "Torben came to the company as Financial Manager in 2009 and has been in the finance and risk management business for more than 20 years. During his years with us, Torben has contributed to developing and complying with rules and regulations so we are always on top of the latest developments within the business."

"Torben is part of the management group and will continue to improve the company’s financial and risk control procedures in his new position," the company added.

Christina Seah Ai Lin [pictured, top right] and Caner Seren Varol [pictured, bottom left] have been promoted to Senior Oil Risk Managers. They are both based at Global Risk Management’s Singapore office and have been with the company since 2011 and 2009 respectively. "Their great efforts and dedicated work are positively contributing to the large success of the Singapore office, so it is a natural step for us to appoint them both Senior Oil Risk Managers," said Adam Hashidy, General Manager of Global Risk Management’s Singapore office.

Nadiya Bani [pictured, bottom right] has been promoted to the role of Assistant Risk Manager at the company's Singapore office. "Nadiya has previously been working as a Personal Assistant in the company and has increased her focus on the administrative tasks with document handling and invoicing in her new position as Assistant Risk Manager. We have been highly satisfied with Nadiya ’s work and expect that she will fill in the new position with great competence and efficiency," Hashidy said.