Uday Narang, president of the European wing of US energy firm Entergy-KochTrading (EKT), has left the company less than a year after his promotion, saysan industry source. Jeff Searle, president of the firm’s Houston-basedparent company, has taken over EKT’s European business. Narang was promotedto president in October last year after overseeing the company’s expansioninto European power, natural gas and weather derivatives trading markets, inhis previous position as managing director.

Dallas