The Baltic Exchange Board of Directors has elected Quentin Soanes to serve as its Vice Chairman with immediate effect. He replaces Paul Over, who will continue to serve on the Baltic Exchange Board and as Chairman of Baltic Exchange Derivatives Trading, the subsidiary company which runs the Baltex Multilateral Trading Facility for dry freight derivatives.
Quentin Soanes said: “I am honoured to have been appointed to this position and look forward to supporting the current Chairman Mark Jackson as ably as my predecessor.”
Paul Over said: “As is widely known my core raison d’être for participation at the Baltic has been in the development of the freight futures business. With the successful launch of Baltex, it is natural for me to wish to focus my energies in that direction. The expansion of the Baltic’s activities through Baltex has greatly increased the time commitment of all those involved especially in respect to the responsibilities for FSA regulatory requirements that Baltex has secured and must hold and maintain.”
Quentin Soanes (56) is a founding shareholder and main board director of Braemar Seascope PLC where he is head of business development. He is also joint managing director of Braemar Seascope Ltd. He has worked in the shipbroking and shipping services industry since 1977 and specialises in sale & purchase. He joined the Baltic Exchange Board in 2005.