Personal Descriptions

• Prof. Fred Aspen Benth, University of Oslo


Fred Espen Benth is a professor of financial mathematics at the Unviersity of Oslo, and deputy manager of the Centre of Mathematics for Applications. He has published more than 40 scientific papers, in journals like Finance & Stochastics, Mathematical Finance, Journal of Banking and Finance, Energy Economics, Journal of Derivatives and Applied Mathematical Finance. He co-authored the book "Stochastic Modelling of electricity and Related Markets" published at World Scientific in 2008 and is serving as an associate editor of the Springer journal Mathematical Methods of Operations Research. Benth is frequently used as a speaker in various workshops and conferences targeted at the energy industry, and is the co-organizer of the "Advanced Master Class in Energy Finance" together with EnergyForum.


• Reinhard Hirsch, RH Management Consulting


Reinhard Hirsch advises in the field of Financial Risk Management, Transactions, Valuation and Value Management with broad and deep background in energy and commodities. He works for big oil and gas companies, energy firms, multinational chemical companies as well as banks active in commodity trading. While heading the KPMG quantitative Commodity and Energy Consulting and leading the Commodity and Energy Risk Consulting Business at d-fine GmbH he managed many projects in energy and commodity market- and credit risk, from conceptual design to implementation in the areas of forecasting systems, hedging and risk management models as well as valuation of energy and commodity contracts. Prior to this, Reinhard was responsible for commodity price risk management, commodity contract management and real option based portfolio management in corporate planning, strategic marketing and purchasing at Bayer AG. He started his professional career at Deutsche Bank's Global Risk Management Group where he was responsible for risk methodology. He has written several scientific publications on Monte Carlo simulations and gives lectures on commodities and mathematical finance at international universities and business schools. Reinhard holds a master and PhD in theoretical physics.


• Dr. Kay Frederik Pilz, E.ON


Kay Frederik Pilz is a Senior Quantitative Analyst for gas, oil and coal at E.ON Energy Trading. Prior to his current position, he worked as a Senior Research Associate at the University of Technology in Sydney, Australia, on a research project on hybrid commodity and interest rate modelling, as well as on exotic option pricing in stochastic volatility models. As a Quantitative Analyst at Sal. Oppenheim, a German Investment Bank in Frankfurt, Kay developed and implemented pricing and hedging functionalities for exotic derivatives on equities, precious metals and energy commodities. He graduated in Mathematics from the University of Frankfurt and holds a PhD in Mathematical Statistics from the University of Bochum.

Produced by MathFinance AG - www.mathfinance.com Last modified: February 2010