Dresdner Kleinwort Wasserstein (DrKW) appointed Martin Fraenkel as managing director and global head of commodities. He is based in London and reports to Harry Culham, global head of FX.
Fraenkel joins from Man Investments where he was a senior consultant, commodities and derivatives. Previously, Fraenkel headed the commodities business at NM Rothschild and Sons. Prior to that, he was with JP Morgan Chase for eight years, most recently as head of commodities in London.
"Martin is a true market veteran with more than 20 years of experience in building and growing successful commodities businesses on a global basis. At DrKW, we have identified this space as a key area for growth as part of our foreign exchange business and Martin will be instrumental in driving this initiative forward during the course of the next few years," says Culham.