ABC Bullion Sydney has hired Nicholas Frappell as Global General Manager
ABC Bullion Sydney has hired Nicholas Frappell as Global General Manager, to help grow and develop the business internationally. Nick brings many years of experience in precious metals, both as a trader of spot, forwards and exchange traded futures, and latterly as a marketer to producers, consumers in the automobile, electronics, and petroleum sectors, and hedge funds.
Nicholas worked previously for Mitsui and Co. Precious Metals Inc. in their Hong Kong office where he grew the Australian producer hedge book and precious metals leasing business, and prior to that for the London office. He was formerly manager of Precious Metals for Triland Metals, and RBS Sempra Commodities in London, and before that Sumitomo Corporation where he gained experience in London in commodity finance in the Middle East and in Tokyo where he engaged in arbitrage of TOCOM gold futures.
During his time in London, Nicholas was twice a member of the London Bullion Market Association’s Management Committee, a member of the Finance Committee, and until February was Chairman of the Association’s Membership Committee.
Andrew Cochineas CEO of Pallion Group commented, “We are delighted to welcome Nick Frappell as Global General Manager of ABC Bullion. His appointment and our recent admission to the LBMA Good Delivery List for Gold evidences the commitment of ABC Bullion and the broader Pallion group of companies to leadership in the precious metals space at an international level.”
About ABC Bullion
ABC Bullion has been Australia’s specialist in physical precious metals since 1972 and our brand of precious metal is widely regarded as one of the cornerstones of the Australian physical gold trading system. ABC Bullion is exclusively produced by ABC Refinery which is Australia's only independent LBMA accredited gold refinery. ABC Bullion is the official manufacturer of the Emirates Melbourne Cup.
About Pallion
Pallion designs, manufactures and distributes precious metal products and related services. Commencing operations in 1951, today it is the largest fully integrated precious metal services group in Australasia. Maintaining its headquarters in Sydney Australia, it is a privately owned group of companies, with manufacturing facilities and offices in Sydney, Melbourne, Brisbane and Perth as well as Hong Kong (SAR) and Mainland China. Pallion is comprised of eight entities: ABC Bullion; ABC Refinery; Palloys; AGS|PJW; A&E Metals; Regentco; Goldenage International; and Custodian Vaults. These leading precious metal brands offer the following services: Bullion; Refining and Minting; Casting and Jewellery; Fabricated Metals; Findings; and Vaulting. See www.pallion.com
