Steengaard Takes up Reins at Global Risk Management by Ship & Bunker News Team Tuesday January 26, 2021 Board member Global Risk Management (GRM) from out going chairman Keld Demant. When Steengaard joined the board last year, it was the intention that he would move into the chairman's role, the company said in a statement. "It has been a great pleasure to help build a strong player in the international energy hedging market. The timing for me to hand over the reins is perfect as GRM is now set up to pursue further growth which I am sure will happen with Steengaard at the helm," Demant said.