London-based UK Power Exchange (UKPX), which provides integrated trading andclearing for spot and future electricity contracts, has appointed LaurenceBlaketo the newly created position of head of risk management. UKPX is the energymarket division of OM London Exchange. As a member of OM's corporate risk committee,Blake will seek to minimise operational risk and counterparty credit risk. Hewas previously chief risk officer of Entergy-Koch Trading in Europe and is alsoa member of the Professional