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New Human Resources Director Joins Management Team At GL TRADE Group

Date 18/10/2004

GL TRADE, the leading international provider of complete electronic trading solutions from front to back office, has appointed Laurent Friction as Group Human Resources Director. He will report directly to Laurence Saunier, Company Secretary, and will sit on the Executive Committee.

Laurent Friction’s main role will be to manage human resources throughout the group and its 23 subsidiaries. He will be responsible for drawing up and implementing policies on recruitment, career management, remuneration and labour relations.

Having gained postgraduate qualifications in Human Resource Management, Laurent has eight years’ experience, first as a recruitment consultant, notably at TMP, where he was responsible for recruiting both commercial and technical staff. Immediately prior to joining GL TRADE he was responsible for the creation from scratch of the HR function at Orsyp, a French software company, and for the intro duction of an HR policy for this group both in France and at its nine subsidiaries.

“GL TRADE has reached a very important moment in its history, with nearly 950 employees in 23 offices,” noted Laurence Saunier, Group Company Secretary. “Given the significance to the group of its total wage bill, it is essential that we ensure that our human resources policy is appropriate to our fast-moving and multi-cultural environment. Laurent will bring to us his experience in companies that, like GL TRADE, have seen rapid international growth. With the support of our local HR teams, we are confident that he will enhance the role played by his department within GL TRADE, becoming a key point of contact for employees and managers alike.”