Sascha Bloemhoff has been appointed as managing director of Climex, a pan-European organisation which provides a marketplace for trading and auctioning environmental commodities and energy contracts.
Bloemhoff takes over the position of Axel Posthumus who was the founder of Climex in 2003 and has been in charge since.
Bloemhoff has been the commercial director of Climex since 2005.
This management change is a part of the change in shareholder structure announced on 27 May during Carbon Expo in Cologne.