Press Releases

Baden Wright appointed as new CEO for Carbon Trade Exchange

Carbon Trade Exchange Australia (CTX) on Thursday announces the appointment of Baden Wright as Chief Executive Officer.

Baden has a wealth of expertise in the Information Communications Technology (ICT) industry, with over 20 years’ experience across Banking & Finance, Telecommunications, Manufacturing, Airlines, Power Utilities and Government. He is an experienced executive with a superior understanding of technology and business concepts from inception through to market implementation.

He has extensive experience managing large-scale dedicated and virtual teams – including managing 52 program/project managers and over 400 technical support staff across four continents – and programs over $700 million total contract value. He also has significant management experience with very large outsourcing agreements, including Qantas and Westpac, as well as acquisitions and capital raising.

As Chief Executive Officer of Australia, Baden will be responsible for driving the overall strategy and business model of Carbon Trade Exchange. This will include the development and implementation of a global licensing strategy for the CTX Trading Platform.

Before joining CTX, Baden was most recently a Managed Services Consultant for premium brands including Vodafone, Nokia and Landis Gyr, and prior to this he was the Director of Programs for Ausgrid’s Smart Grid Smart City and Managing Director of Sonnet Corporation. He has also held various other executive and management positions across the ICT industry.

Wayne Sharpe, CTX Chairman and Founder said “CTX is proud to have Baden as part of our global team and we are excited to see the new innovative market solutions he will bring to deliver revenue and growth”.

Wayne Sharpe remains committed to CTX’s success as Chairman of the company, supporting national and international strategic developments. He founded the exchange in 2007, designing the technology and infrastructure and leading the development of the innovative platform, as the first global exchange based on Microsoft Azure cloud technology.

CTX has strategic relationships with APX Environmental Registry and the major voluntary carbon standards including Gold Standard, VCS, Climate Action Reserve and American Carbon Registry.

For further information, please contact:
Wayne Sharpe
Chairman & Founder, Carbon Trade Exchange
T: +61 2 8090 3434 | M: +61 412 147 697
E:wayne.sharpe@carbontradexchange.com

About Carbon Trade Exchange

Carbon Trade Exchange (CTX) operates a global trading platform for voluntary carbon credits, providing market participants in over 25 countries a fully electronic spot trading exchange to buy and sell carbon credits instantaneously on a seamless end-to-end platform.

The infrastructure provides product and price transparency and market efficiencies for the benefit of market participants. The platform provides real-time prices and purchasing for every major carbon credit standard and through direct interfaces with credit registries and banking facilities, ensures clearing and settlement in a secure and effective way.

CTX is also in the process of adding internationally compliant products, at which time the CTX Platform will be the only exchange capable of servicing both compliant and voluntary carbon requirements. In the interim, Carbon Financial Services (a wholly-owned subsidiary of CTX) is able to facilitate trading of all international compliance products in spot and derivative contracts under its Australian Financial Services Licence (AFSL).

For further information, please visit www.carbontradexchange.com.

Published by

Carbon Trade Exchange

Published

6 March 2014

Topic

Carbon & Climate CSR

Region

Australia

Tags

carbon trading