Agenda
Approved for up to 10.9 FP&A and 12.7 CTP/CCM recertification credits by the Association for Financial Professionals at the rate of one credit for each 50 minutes of attendance.
Registration and light breakfast
Welcome
Of trade and war: geopolitical outlook for the US in 2025
Arguably what matters most in geopolitics is trade, or more specifically for multinational corporations, the opportunity and cost of trade between nations. Currently, the outlook for US markets hinges on the development of US and foreign trade tariffs, most notably with China. As US protectionist policies develop, the new administration has imposed tariffs on foreign imports that will likely stoke US domestic inflation and trigger a recession. In parallel, conflicts in the Middle East have increased shipping costs, as Asia cargo reroutes away from the Red Sea around Africa, inflating imports. In response to trade, supply and shipping issues, nearshoring, especially in Mexico, has accelerated. In this session we explore the ongoing impacts of US trade policy, tariffs wars, and the instability of markets, that are shaping US business decision-making.
-
Shannon K. O’Neil
Senior vice president, director of studies, and Maurice R. Greenberg chair
Council on Foreign Relations (CFR)X
Shannon K. O’Neil
Senior vice president, director of studies, and Maurice R. Greenberg chair
Council on Foreign Relations (CFR)Shannon K. O’Neil is senior vice president, director of studies, and Maurice R. Greenberg chair at the Council on Foreign Relations (CFR), where she oversees the work of the more than six dozen fellows in the David Rockefeller Studies Program as well as CFR’s fourteen fellowship programs. She is a leading authority on global trade, supply chains, Mexico, and Latin America. Dr. O’Neil is the author of The Globalization Myth: Why Regions Matter, which chronicles the rise of three main global manufacturing and supply chain hubs and what they mean for U.S. economic competitiveness. She also wrote Two Nations Indivisible: Mexico, the United States, and the Road Ahead, which analyzes the political, economic, and social transformations Mexico has undergone over the last three decades and why they matter for the United States. She has taught at Harvard and Columbia Universities, and began her in emerging markets finance.
May 28th 2025-
09.00am -09.45amOf trade and war: geopolitical outlook for the US in 2025
-
Economic outlook and inflation trends for the US in 2025
The US economy has seen a dramatic decline in inflation from the 9.1 percent high of June 2022 to the 3 percent rate today and is now trending lower than the historical average. US rate cuts are now priced into markets as the Federal Reserve pauses rate cutting at 4.3 percent, easing the cost of capital and borrowing for corporate America. Yet growth is forecast to decline in 2025 to an annualised rate of 2.4 percent, down from 2.8 percent in 2024 (OECD figures). The outlook for inflation still remains uncertain. Whilst headline inflation is trending down below 3 percent, inflationary pressures are mounting as higher trade tariffs increase the cost of goods, and wage inflation presses on the economy. In this session we run through potential economic forecasts and scenarios, modelling the potential economic trends over the next year, around the statistically probable parameters for growth, inflation, and rates in US markets.
-
Joseph E. Gagnon
Senior fellow
Peterson Institute for International EconomicsX
Joseph E. Gagnon
Senior fellow
Peterson Institute for International EconomicsJoseph E. Gagnon, senior fellow since September 2009, was visiting associate director, Division of Monetary Affairs (2008–09) at the US Federal Reserve Board. Previously he served at the US Federal Reserve Board as associate director, Division of International Finance (1999–2008), and senior economist (1987–1990 and 1991–97). He has also served at the US Treasury Department (1994–95 and 1997–1999) and has taught at the Haas School of Business, University of California, Berkeley (1990–91). He is author of Flexible Exchange Rates for a Stable World Economy (2011) and The Global Outlook for Government Debt over the Next 25 years: Implications for the Economy and Public Policy (2011), and coauthor of Currency Conflict and Trade Policy: A New Strategy for the United States (2017). He has published numerous articles in economics journals, including the Journal of International Economics, the Journal of Monetary Economics, the Review of International Economics, and the Journal of International Money and Finance, and has contributed to several edited volumes. He received a BA from Harvard University in 1981 and a PhD in economics from Stanford University in 1987.
May 28th 2025-
09.45am -10.30amEconomic outlook and inflation trends for the US in 2025
-
Networking
The networking breaks, held in the exhibition area, are your opportunity to dive deeper into new ideas sparked by the sessions with peers, industry leaders, and solution providers in a more informal setting. Maximise your time by booking one-on-one meetings in advance through the app.
Next level AI cash forecasting techniques and technologies
Cash forecasting has been front and centre of AI applications in treasury with machine learning and predictive analytics applications designed to improve accuracy, especially in the receivables column. With new and evolving AI driven cash forecasting models, treasurers are keen to understand the effectiveness of new implementations. Here we look at some of the most recent iterations of new forecasting practices, how they align with direct and indirect cash flow modelling and short and long range projections. Treasurers also describe the challenges of implementing new AI software applications alongside traditional spreadsheets and the learning curve in delivering forecasting using new methodologies.
-
Connie Miner
SVP, global head of treasury
News Corp
X
Connie Miner
SVP, global head of treasury
News Corp
Connie Miner is SVP, Global Head of Treasury at News Corp, where she manages all aspects of the Treasury function across the company. She started at News Corp in April of 2020 as VP, Assistant Treasurer.
Prior to joining News Corporation, Connie was Assistant Treasurer at Capri Holdings Limited (“CHL”) and was with the company for almost six years. During this time, Connie assisted in securing financing to fund the acquisitions of Jimmy Choo and Versace and was responsible for global treasury operations.
Previous to joining CHL, Connie worked on the Corporate Treasury team at The Scotts Miracle-Gro Company and started her career at Greif, Inc., both in the Global headquarters in Ohio and the South American headquarters in Brazil.
Connie is a Certified Treasury Professional, holds a Global MBA from the University of North Florida and a consortium of European universities, and graduated from The College of New Jersey with a B.S. in Finance and minor in International Business.
May 28th 2025-
11.15am -12.00pmNext level AI cash forecasting techniques and technologies
-
-
Samuel Vallotton
VP, treasury
Salesforce
X
Samuel Vallotton
VP, treasury
Salesforce
Samuel Vallotton is the Global Head of Treasury Operations at Salesforce. During his 10 years at this dynamic tech company he witnessed a number of changes through the company’s unprecedented growth. The most recent step in that transformative journey is the implementation of the company’s first in-house bank. Prior to his tenure at Salesforce, Samuel was engaged with several global companies at various stages of growth, both in the US and internationally (BAT, Nestlé, Tetra Pak, Sensormatic). His roots go back to Switzerland and UBS bank, where he began his career. In his free time, he will be found on a bike somewhere, breathing fresh air and enjoying the outdoors.
May 28th 2025-
11.15am -12.00pmNext level AI cash forecasting techniques and technologies
-
-
Rachael Schwartz
VP, treasury
S&B USA
X
Rachael Schwartz
VP, treasury
S&B USA
May 28th 2025-
11.15am -12.00pmNext level AI cash forecasting techniques and technologies
-
Moderated by
-
Robert Novaria
Senior EuroFinance tutor and partner
Treasury Alliance Group
X
Robert Novaria
Senior EuroFinance tutor and partner
Treasury Alliance Group
Bob has more than 30 years of corporate treasury experience in the roles of treasurer, credit director, finance manager and controller at BP America and Amoco Corporation. He has successfully managed post-acquisition integrations, technology upgrades and corporate restructurings. Currently, Bob is a partner with the Treasury Alliance Group, leveraging his corporate experience in client engagements dealing with global treasury, risk and crisis management; cash management and cash flow forecasting; working capital management; shared service operations and general management. He also shares his experiences by tutoring others in courses such as international cash and treasury management, corporate risk management and cash flow forecasting, as well as by chairing, moderating and speaking at treasury conferences worldwide.
May 28th 2025-
11.15am -12.00pmNext level AI cash forecasting techniques and technologies
-
12.00pm -12.45pmRoundtables
-
02.45pm -03.30pmTrade and supply chain finance in US and Latin America
-
09.45am -10.30amSupporting treasury through market uncertainty and change
-
11.15am -12.00pmCentralisation vs localisation of treasury operations in US and Lat Am
-
Roundtables
Operations focus: roundtable discussions sharing the latest applications and recent experiences of treasurers in specific treasury functions:
- Treasury teams and talent development
- Cash management: pooling and netting
- Rates, financing, working capital and liquidity management
- Payments systems for treasury
- Forecasting and data visibility
- AI applications for treasury
- ESG and sustainability in treasury
- Foreign exchange automation & hedging
- Technology transitioning from spreadsheets to TMS
- SCF, trade finance
- Mexico: bi-lateral trade and treasury outlook
- China: impact of tariffs for US corporates
-
Tai Carr-Fraser
Senior director, assistant treasurer
Capri Holdings LimitedX
Tai Carr-Fraser
Senior director, assistant treasurer
Capri Holdings LimitedTai Carr-Fraser serves as Senior Director, Assistant Treasurer at Capri Holdings Limited. In this role, Tai oversees the Treasury department, managing global operations for renowned brands such as Versace, Jimmy Choo, and Michael Kors. With a Certified Treasury Professional credential and 15 years of experience, Tai demonstrates expertise in cash management, FX hedging, liquidity, and working capital management.
Tai is committed to fostering excellence within her teams, providing pivotal guidance to the Treasurer, and spearheading various global initiatives including bank consolidation and treasury technology implementations. Tai’s responsibilities encompass a wide range of tasks, including cash flow forecasting, debt management, compliance, and talent development. With meticulous attention to detail and strategic foresight, she ensures the effective execution of financial strategies while nurturing robust relationships with financial institutions and stakeholders.
Tai’s dedication extends to actively engaging in diversity and inclusion programs. She serves as Treasurer for Capri’s Scholarship Foundation and the employee resource group, BOLD, contributing to positive change both internally and externally. Driven by a passion for impactful change, Tai aspires to leave a lasting positive legacy in every role and organization she serves.
May 28th 2025-
12.00pm -12.45pmRoundtables
-
-
Bhavna Kumarapuram
Senior director, global treasury
News CorpX
Bhavna Kumarapuram
Senior director, global treasury
News CorpBhavna Kumarapuram is Senior Director, Global Treasury at News Corporation, where she plays a key role in supporting the Treasurer and leading the Treasury team across all aspects of corporate treasury. Her responsibilities include cash and liquidity management, debt financing, financial risk management, cash forecasting, and global bank relationship management. She has held this position since June 2023.
Before joining News Corporation, Bhavna was the Director of Treasury at The New York Times (NYT) where she was with the company for nearly six years. In this role, she was instrumental in developing and executing strategies to optimize the company’s cash structure and global banking operations. She also played a key role in securing financing through a revolving credit facility and developed an advanced cash forecasting model to enhance free cash flow projections.
Prior to her tenure at NYT, Bhavna worked in Corporate Finance at Ultimate Medical Academy (UMA), a nonprofit organization, where she led both corporate accounting and treasury functions. Her career in treasury began in India, and she later moved to the U.S. as a Senior Treasury Analyst at C&S Wholesale Grocers, one of the largest privately held supply chain companies in the U.S. She spent three years in this role, gaining valuable experience in treasury operations.
Bhavna is a Certified Treasury Professional (CTP) and a Certified Public Accountant (CPA). She also holds an MBA from Anna University in India.
May 28th 2025-
12.00pm -12.45pmRoundtables
-
-
Emilio Remy Castagnola
Head of Global Transaction Banking, Peru
BBVA
X
Emilio Remy Castagnola
Head of Global Transaction Banking, Peru
BBVA
Emilio is a Managing Director with over 25 years of experience in corporate and enterprise banking (15+ years in client relationship management and 10+ years in strategy, innovation and development solutions in BBVA Peru). He has successfully led teams and driven strategic global initiatives in BBVA CIB that foster long-term client relationships, profitable and sustainable business growth in large multinational corporate clients with presence in Peru. Actually, he is the Head of Global Transaction Banking and Institutional Business for BBVA Peru, leading the strategic management of relationships and advisory services for over 300 corporate clients and 130 financial institutions, optimizing their treasury and cash management through innovative digital and sustainable solutions. His strategic priority is to drive transformation and innovation in Corporate and Investment Banking (CIB), ensuring clients remain at the forefront of industry developments by integrating sustainable finance solutions, enhancing digital capabilities, and optimizing cross-border treasury management. He collaborates closely with strategic partners across BBVA’s global network, spanning more than 25 countries, to deliver tailored solutions that address the dynamic needs of businesses worldwide. Emilio holds a BSc in Economics from Complutense University and a Global Executive MBA from IE Business School.
May 28th 2025-
12.00pm -12.45pmRoundtables
-
-
Regina Halim
Senior treasury associate
Harry’s, IncX
Regina Halim
Senior treasury associate
Harry’s, IncI work in corporate treasury, specializing in liquidity management, cash forecasting, banking operations, and debt compliance. I currently serve as a Senior Treasury Associate at a U.S.-based consumer goods company, where I help manage cash operations and ensure compliance with our Revolving Credit Facility. I’m passionate about building scalable treasury processes and partnering across teams to support the company’s growth
May 28th 2025-
12.00pm -12.45pmRoundtables
-
-
Priyanka Rath
Managing director, head of Americas for liquidity and account solutions
J.P. Morgan Payments
X
Priyanka Rath
Managing director, head of Americas for liquidity and account solutions
J.P. Morgan Payments
Priyanka Rath, Managing Director is the Head of Americas for Liquidity and Account Solutions at J.P. Morgan Payments. Her group is responsible for delivering strategic products and services incorporating liquidity and account solutions, supporting the Large Corporate, Fintechs/NBFI and Financial Institutions clients. Priyanka has over 20 years of experience in Product and Client advisory roles covering liquidity management, cash investments, treasury transformation and 3 rd party money optimization. Before joining JP Morgan, Priyanka worked at Bank of America Merrill Lynch and Barclays bank, in senior product and solutions lead roles, expanding the global reach for both banks. Priyanka completed the ‘International Cash Management’ professional certification with a distinction (administered by the Association of Corporate Treasurers, UK). Prior to this, Priyanka received her MBA from HEC School of Management, France and also holds a Bachelor’s degree in Mechanical Engineering from the National Institute of Technology, India. Before her move to transaction banking, she worked in IT Consulting with Oracle Financial services, specializing in banking platform technology. Recognized as an established female leader in the Payments industry, Priyanka was an Inspiration Award nominee for Women in Payments, and has been a featured mentor on their coveted Global Mentorship Program. Priyanka was also recognised by WomenWeAdmire to feature in the list of Top Women Leaders in New Jersey (2024) for her distinguished leadership, personal journey and contributions to the financial services industry, as well as Diversity and Inclusion efforts. She is an avid public speaker and represents the firm in many external forums, conferences and industry engagements. She is also a recognized diversity and inclusion advocate; sponsors and mentors several individuals across the industry. Priyanka lives in New Jersey with her husband and son; is a self-confessed fitness/nutrition enthusiast and is passionate about guiding the younger generation embrace a healthy and active lifestyle.
May 28th 2025-
12.00pm -12.45pmRoundtables
-
-
Alberto Ayerza
Managing director
BNP Paribas
Moderated by
-
Daniel Blumen
Partner
Treasury Alliance Group
X
Daniel Blumen
Partner
Treasury Alliance Group
Daniel L. Blumen, CTP is a founding partner of Treasury Alliance Group where he leads consulting engagements dealing with working capital management, systems integration, liquidity and risk management and other global treasury issues. Prior to co-founding Treasury Alliance in 2002, he was Managing Director of Knowledge Management Applications, a firm he founded in 1998. Dan was with Bank of America in Chicago and Singapore, where he managed the ASEAN region of the Global Payment Services Group. He also worked for Citibank in Chicago and in London where he had pan-European management responsibility for cash management business development. He has worked with large multinationals and emerging international companies and shares his experience as an author and as a frequent speaker at cash management gatherings worldwide.
May 28th 2025-
12.00pm -12.45pmRoundtables
-
02.00pm -02.45pmWorking capital optimization best practice
-
04.00pm -04.45pmCommodities hedging strategies in US and LatAm markets
-
04.45pm -05.30pmTreasury and banking relationships in LatAm
-
12.00pm -12.45pmCorporate loan and bond markets: rates and refinancing scenarios
-
03.30pm -04.15pmVisible advances in cash management practices
-
-
Robert Novaria
Senior EuroFinance tutor and partner
Treasury Alliance Group
X
Robert Novaria
Senior EuroFinance tutor and partner
Treasury Alliance Group
Bob has more than 30 years of corporate treasury experience in the roles of treasurer, credit director, finance manager and controller at BP America and Amoco Corporation. He has successfully managed post-acquisition integrations, technology upgrades and corporate restructurings. Currently, Bob is a partner with the Treasury Alliance Group, leveraging his corporate experience in client engagements dealing with global treasury, risk and crisis management; cash management and cash flow forecasting; working capital management; shared service operations and general management. He also shares his experiences by tutoring others in courses such as international cash and treasury management, corporate risk management and cash flow forecasting, as well as by chairing, moderating and speaking at treasury conferences worldwide.
May 28th 2025-
11.15am -12.00pmNext level AI cash forecasting techniques and technologies
-
12.00pm -12.45pmRoundtables
-
02.45pm -03.30pmTrade and supply chain finance in US and Latin America
-
09.45am -10.30amSupporting treasury through market uncertainty and change
-
11.15am -12.00pmCentralisation vs localisation of treasury operations in US and Lat Am
-
-
Jeff Horowitz
Senior advisor
Treasury Sources GroupX
Jeff Horowitz
Senior advisor
Treasury Sources GroupJeff Horowitz is a business executive with extensive expertise in corporate treasury, financial services, payments, talent development, relationship management, and helping businesses grow while effectively helping teams manage risk. Jeff is currently the senior advisor and on the executive board with Treasury Sources Group, LLC where
he provides advice and consultation to organizations, banks, and technology companies in areas that include treasury and finance, payments, working capital optimization, and workforce effectiveness. During his 30+ year career Jeff has lived and worked in Europe, Asia and the United States and led global teams at companies including Bank of New York Mellon, ABN AMRO Bank, Standard Chartered Bank, Treasury Sources Group and Walt Disney Co. Jeff is a frequent industry speaker at conferences that include Euro Finance, The Financial Times Finance Summit, and AFP (Association for Financial Professionals), as well as AFP local chapters in New York, Boston, Chicago, Minneapolis-St. Paul, Texas, and other conferences / industry events worldwide. He is a former adjunct professor at The New York Institute of Technology and earned a Bachelor of Science in Education from the State University of New York, and a Master of Business Administration from Adelphi University. Jeff is the Trustee for a charitable giving fund focused on causes that he and his family care about, including providing vital resources to families in need around the world, helping with global environmental issues and advocating for the LGBTQIA+ community.May 28th 2025-
12.00pm -12.45pmRoundtables
-
04.00pm -04.45pmAcquisition planning and financing: a strategic exemplar for treasury
-
04.45pm -05.30pmFX hedging and automation: swapping stories
-
04.15pm -04.45pmAI innovation for treasury in practice: World bank case study
-
-
Debbie Kaya
Independent treasury professional
X
Debbie Kaya
Independent treasury professional
May 28th 2025-
12.00pm -12.45pmRoundtables
-
02.45pm -03.30pmLiquidity management technologies for treasury
-
09.00am -09.45amTreasury technology transition: the TMS, ERP, APIs project challenge
-
Lunch
LatAm economy outlook 2025
In this high level LatAm outlook session, our economic experts will aim to touch on five key areas, firstly the outlook for inflation and interest rates in major economies across the region; the prospects for LatAm currencies against USD; the impact of US tariffs on cross border trade; the outlook for key sectors including manufacturing, commodities, and services; and the outlook and initiatives for inter-regional trade growth.
-
Brenda Estefan
Senior non-resident fellow
Atlantic Council
X
Brenda Estefan
Senior non-resident fellow
Atlantic Council
Brenda Estefan is a professor of Geopolitics and International Relations at IPADE Business School in Mexico City and a Senior Non-Resident Fellow at the Atlantic Council. She serves as an international politics analyst for various prominent media platforms and is a regular contributor to media outlets such as Americas Quarterly and Reforma, Mexico’s leading newspaper.
In Washington, D.C., Brenda served as the Ministry of the Interior attaché at the Mexican Embassy in the United States. In this role, she managed bilateral negotiations on issues such as the repatriation of undocumented migrants, border violence prevention protocols, port and airport security, intelligence sharing, and the protection of critical infrastructure. Additionally, she worked as a consultant for the Inter-American Development Bank (IDB) on citizen security in Latin America and the Caribbean.
In Mexico, Brenda served as Chief of Staff to the Speaker of Congress and held various roles at the Ministry of the Interior, including Coordinator of International Affairs for the Minister.
Fluent in six languages—Spanish, English, French, German, Portuguese, and Italian—Brenda has been a speaker at prestigious institutions including the U.S. Navy’s National Defense and Security Center, the Council on Foreign Relations and Harvard University.
Her expert analysis on foreign policy and Mexico’s role in the global arena has been featured in international media outlets, including USA Today, The Guardian, The Washington Post, The National Post, NPR News, World Politics Review, The Globe and Mail, and Le Soir, among others.
May 28th 2025-
02.00pm -02.45pmLatAm economy outlook 2025
-
-
José E. Durán Lima
Economic affairs officer, chief, regional integration unit, international trade and integration division, ECLAC
United NationsX
José E. Durán Lima
Economic affairs officer, chief, regional integration unit, international trade and integration division, ECLAC
United NationsJosé E. Durán Lima is currently an Economic Affairs Officer and a Chief of International Trade and Regional Integration Unit at the Division of International Trade and Integration of the United Nations Economic Commission for Latin America and the Caribbean (ECLAC). He is an economist and holds a Ph.D. in Economics from the University of Barcelona. He has more than 25 years’ experience as a researcher and consultant and has a particular interest in areas of research such as: Regional Integration, Vertical Specialization, Export Promotions, International Trade, Asia Pacific, and General Equilibrium Models.
He has several published papers and has contributed several chapters of several ECLAC flagship publications: Foreign Investment in Latin America and the Caribbean and Latin America and the Caribbean in the World Economy, among others. He is also a co-editor of several reference documents relating to trade policies in Latin America and the Caribbean including South American IO Matrix: main assumptions and methodology; The Pacific Alliance and its Economic Impact on Regional Trade and Investment: Evaluation and Perspectives and Latin America in Global Value Chains.
May 28th 2025-
02.00pm -02.45pmLatAm economy outlook 2025
-
-
Robert Wood
Regional director, Latin America and the Caribbean
Economist Intelligence Unit
X
Robert Wood
Regional director, Latin America and the Caribbean
Economist Intelligence Unit
As a senior member of the Latin America Country Analysis team, Robert contributes to The Economist Intelligence Unit’s extensive product portfolio, advises private-sector clients and government officials, participates in conferences and is frequently quoted in the specialist media. He has been responsible for covering most of the key economies in the region, and currently specialises in Brazil. In his role as Manager for Latin America, Robert is responsible for providing technical and analytical direction to The EIU’s Latin America specialists on sovereign credit, currency and banking sector risk issues.
Before joining the EIU in 1997, Robert conducted consultancy work for the European Commission, and previously worked for a development-oriented non-governmental organisation in Mexico.
Robert has an academic background in the politics and economic development of Latin America, and holds a Bachelor’s degree from the University of Bristol and a Master’s degree in development studies from the University of Sussex.
May 28th 2025-
02.00pm -02.45pmLatAm economy outlook 2025
-
Working capital optimization best practice
Due largely to the elevated cost of borrowing in recent years and the higher rate environment, treasurers have sought to intensify liquidity management strategies to optimise working capital provision to the business, rather than resort to short term loan markets. The liquidity tools at the treasurers disposal are well defined and many are well practised in the art of balance sheet management, balancing inventory management, accounts receivables and payables optimization, cash management techniques, such as netting, to enhance cash flow and working capital efficiency. and financial performance. As interest rates gradually taper down, the imperative to leverage balance sheets may ease, but the best practices in working capital optimization are lessons well learned in the elevated rates era. Here treasurers reflect and share their most effective strategies for optimising cash conversion cycles and managing working capital and improving liquidity in the treasury and business.
-
Francisco Salinas
Treasurer
CEMEX USA
X
Francisco Salinas
Treasurer
CEMEX USA
Francisco Salinas is the Treasurer for CEMEX USA since April 2019. In his current role, he oversees all cash management and financing activities for the CEMEX USA group. Since joining CEMEX in 2011, Francisco has held various roles in the Treasury and Planning departments at both CEMEX USA and CEMEX Corporate. Prior to joining CEMEX, he was part of the Downstream Controllers group at ExxonMobil in Fairfax, VA, and served as an Infantry Captain in the U.S. Army. Francisco holds a B.A. in International Affairs from the George Washington University and an M.B.A. from Rice University.
May 28th 2025-
02.00pm -02.45pmWorking capital optimization best practice
-
-
Daniel Fleming
VP assistant treasurer
Circana
X
Daniel Fleming
VP assistant treasurer
Circana
Dan Fleming is a distinguished professional with a wealth of experience in treasury management, capital markets, and financial consulting. Dan has successfully led treasury functions at prominent retailers including Nordstrom and Target, demonstrating a strategic focus on capital allocation, liquidity forecasting, and the optimization of working capital.Before working in the retail sector, Dan made significant contributions to the financial services industry as an investment banker at J.P. Morgan. His tenure in this role equipped him with a deep understanding of capital markets, M&A and honed his skills in financial analysis and strategic decision-making.In addition to his corporate roles, Dan has applied his expertise as a consultant for various SAP implementations, showcasing his versatility in navigating complex financial systems and driving operational efficiency.Dan holds a Bachelor of Science degree in Computer Information Systems from Indiana University and an MBA from Northwestern University’s Kellogg School of Management. Recognized for his industry leadership, Dan has contributed to the field as a treasury conference planning task force member for events held in 2018, 2021, 2022, specifically focusing on payments.
May 28th 2025-
02.00pm -02.45pmWorking capital optimization best practice
-
Moderated by
-
Daniel Blumen
Partner
Treasury Alliance Group
X
Daniel Blumen
Partner
Treasury Alliance Group
Daniel L. Blumen, CTP is a founding partner of Treasury Alliance Group where he leads consulting engagements dealing with working capital management, systems integration, liquidity and risk management and other global treasury issues. Prior to co-founding Treasury Alliance in 2002, he was Managing Director of Knowledge Management Applications, a firm he founded in 1998. Dan was with Bank of America in Chicago and Singapore, where he managed the ASEAN region of the Global Payment Services Group. He also worked for Citibank in Chicago and in London where he had pan-European management responsibility for cash management business development. He has worked with large multinationals and emerging international companies and shares his experience as an author and as a frequent speaker at cash management gatherings worldwide.
May 28th 2025-
12.00pm -12.45pmRoundtables
-
02.00pm -02.45pmWorking capital optimization best practice
-
04.00pm -04.45pmCommodities hedging strategies in US and LatAm markets
-
04.45pm -05.30pmTreasury and banking relationships in LatAm
-
12.00pm -12.45pmCorporate loan and bond markets: rates and refinancing scenarios
-
03.30pm -04.15pmVisible advances in cash management practices
-
Conference breaks into tracks
Trade and supply chain finance in US and Latin America
Against a backdrop of evolving trade tariffs and agreements, trade finance volumes between the US and Lat Am are growing as trade and supply proliferates in the region. To facilitate agreements, treasurers are increasingly utilising digital trade platforms to streamline operations, mitigate risks, reduce transaction costs, and enhance efficiency in transactions. In this session treasurers discuss their approaches to trade platforms to streamline document handling, facilitate seamless cross-border payments, and enhance supply chain visibility. In supply, disruptions amid rising demand remains a key inflationary risk. Businesses have responded by rationalising and realigning supply chains, in which supplier financing, or reverse factoring, is a core component. By agreeing preferential terms with suppliers, through early financing programmes, buyers are able to lock in supply in a competitive demand economy. Here we discuss the funding environment for trade finance, and how to work with external partners, including exporter credit agencies and liquidity providers to enable trade. Treasurers also discuss best practices in SFC including supplier onboarding, managing funding, balance sheet management, regulatory compliance and ESG deliverables, and how technologies and SCF platforms can help efficiently manage the process. We also look at trends in dynamic discounting and factoring as an alternative to SCF, as a means of optimising working capital. We also update on recent blockchain innovations in trade finance, supply chains, and smart contracts.
-
Ricardo Flores Delsol
Global treasurer and financing
Vitro
X
Ricardo Flores Delsol
Global treasurer and financing
Vitro
Ricardo Flores Delsol is an experienced finance professional with a strong background in treasury management, corporate financing, and investor relations. Currently serving as the Global Treasurer & Financing at Vitro. Since March 2019, Ricardo oversees centralized treasury positions, accounts receivable, and the structuring and negotiation of financing. He is also responsible for managing relationships with financial institutions, analysts, and investors.
Previously, Ricardo managed corporate affairs at Vitro, handling real estate administration, land acquisition, and construction projects from 2016 to 2019. Before that, they played a key role in Vitro’s corporate financing and restructuring efforts, ensuring compliance with financing obligations and maintaining investor relations from 2011 to 2016.
Ricardo is a Chemical Engineer from the Tec de Monterrey and began his career in 2005 as a corporate and investment banker, focusing on structured financing and syndications for private sector real estate developments and infrastructure projects for state governments.
May 28th 2025-
02.45pm -03.30pmTrade and supply chain finance in US and Latin America
-
-
Inés Campos
Head of working capital solutions, managing director
BBVA
X
Inés Campos
Head of working capital solutions, managing director
BBVA
Campos currently leads the Working Capital Solutions team globally at BBVA. She brings over 18 years of experience in the banking sector. She joined BBVA in 2020 from Santander where she held various roles in CIB both in Trade and Working Capital Solutions, Asset and Capital Structuring and M&A, both in Spain and
UK. She holds a degree in Business Administration at ICADE E2 with a major in Finance.May 28th 2025-
02.45pm -03.30pmTrade and supply chain finance in US and Latin America
-
Moderated by
-
Robert Novaria
Senior EuroFinance tutor and partner
Treasury Alliance Group
X
Robert Novaria
Senior EuroFinance tutor and partner
Treasury Alliance Group
Bob has more than 30 years of corporate treasury experience in the roles of treasurer, credit director, finance manager and controller at BP America and Amoco Corporation. He has successfully managed post-acquisition integrations, technology upgrades and corporate restructurings. Currently, Bob is a partner with the Treasury Alliance Group, leveraging his corporate experience in client engagements dealing with global treasury, risk and crisis management; cash management and cash flow forecasting; working capital management; shared service operations and general management. He also shares his experiences by tutoring others in courses such as international cash and treasury management, corporate risk management and cash flow forecasting, as well as by chairing, moderating and speaking at treasury conferences worldwide.
May 28th 2025-
11.15am -12.00pmNext level AI cash forecasting techniques and technologies
-
12.00pm -12.45pmRoundtables
-
02.45pm -03.30pmTrade and supply chain finance in US and Latin America
-
09.45am -10.30amSupporting treasury through market uncertainty and change
-
11.15am -12.00pmCentralisation vs localisation of treasury operations in US and Lat Am
-
Liquidity management technologies for treasury
Uncertainty in markets, not least inflationary pressures and supply disruption, has underlined the need to ensure sufficient cash reserves to meet business obligations in a fluctuating market environment. In this context, treasurers are focussed on maintaining optimal liquidity levels and improving cash and liquidity forecasting to manage short term funding requirements and working capital needs. The alignment of liquidity to meet liabilities involves several moving parts, which are increasingly monitored and managed through automated data processes to gain real time visibility into liquidity positions and identify liquidity risks. In this session treasurers discuss how they are using data analytics and predictive forecasting to identify potential liquidity gaps and the strategies to meet liquidity shortfalls in the business.
-
Bruce Edlund
Group director, assistant treasurer
Cloud Software Group
X
Bruce Edlund
Group director, assistant treasurer
Cloud Software Group
Bruce Edlund is Senior Director, Assistant Treasurer at Citrix Systems, Inc. based in Fort Lauderdale, Florida. Mr. Edlund manages a global team of four who are responsible for cash and liquidity management, investments, cash flow and balance sheet hedging, bank relationships and stock buyback. Mr. Edlund has over 14 years of treasury experience as Assistant Treasurer at DIRECTV Latin America, Senior Corporate Treasury Manager at Citrix, Director of Global Cash Management at Walmart Stores, Inc. and returning to Citrix in 2014. His experience in very different-sized companies in different industries has given Mr. Edlund a wealth of experience into different ways of tackling treasury’s challenges. Prior to corporate treasury, Mr. Edlund worked for five years in investment banking in Latin America, primarily at Bank of America. Mr. Edlund has a MBA from Thunderbird School of Global Management where he maintains ties and has been a regular guest judge for their FORAD finance competition. He also has B.A. degrees in Economics and French from California State University, Sacramento. After studying, living and/or working in France, Switzerland, Belgium, Spain and South America, Mr. Edlund speaks French and Spanish. With his work in Latin America along with living in South Florida for 13 years, he is conversant in Spanish.
May 28th 2025-
02.45pm -03.30pmLiquidity management technologies for treasury
-
-
Ralph Trama
Vice president, treasurer
Coaction Specialty Insurance
X
Ralph Trama
Vice president, treasurer
Coaction Specialty Insurance
May 28th 2025-
02.45pm -03.30pmLiquidity management technologies for treasury
-
-
Luana Fagundes Gonzalez
Treasury manager, Americas
Amcor Plc
X
Luana Fagundes Gonzalez
Treasury manager, Americas
Amcor Plc
May 28th 2025-
02.45pm -03.30pmLiquidity management technologies for treasury
-
Moderated by
-
Debbie Kaya
Independent treasury professional
X
Debbie Kaya
Independent treasury professional
May 28th 2025-
12.00pm -12.45pmRoundtables
-
02.45pm -03.30pmLiquidity management technologies for treasury
-
09.00am -09.45amTreasury technology transition: the TMS, ERP, APIs project challenge
-
Networking
The networking breaks, held in the exhibition area, are your opportunity to dive deeper into new ideas sparked by the sessions with peers, industry leaders, and solution providers in a more informal setting. Maximise your time by booking one-on-one meetings in advance through the app.
Networking
The networking breaks, held in the exhibition area, are your opportunity to dive deeper into new ideas sparked by the sessions with peers, industry leaders, and solution providers in a more informal setting. Maximise your time by booking one-on-one meetings in advance through the app.
Commodities hedging strategies in US and LatAm markets
Whilst US inflation is trending downwards and close to the historical average, inflationary pressures persist in markets, not least supply disruption, demand risks, dollar strength and trade tariffs. Commodities prices have spiked in different markets, creating an environment of price volatility and uncertainty. To de-risk markets, treasurers and business partners are in a constant process of reviewing hedging strategies and derivative markets to stabilise and lock in price through forward contracts, to avoid spikes in spot prices. In this session treasurers discuss their commodities hedging strategies, examining the use of forwards, futures, options, and swaps to manage exposure to price volatility in key commodities for both US and Lat Am buyers and suppliers.
-
Leandro Wendt
CFO
Agrícola Alvorada
X
Leandro Wendt
CFO
Agrícola Alvorada
Leandro Wendt is CFO at Agrícola Alvorada. Finance executive with more than 20 years of experience across all financial departments, holding decision-making positions in different companies such as Nutrien, Corteva, Dow Chemical, LDC and Brasil Foods. He has extensive experience in structuring departments, implementation of governance and internal controls, having built and led high-performance teams in constantly evolving environments. Awarded as Treasurer of the Year in 2022 by IBTC and leadership over the finalist teams for the IBEF Award for two consecutive years (2021 and 2022) and over the award-wining team of CONACREDI (2023); all of them recognized institutions in Brazil.Leandro holds an MBA from Fundação Getúlio Vargas and graduated from Universidade do Vale do Itajaí with a bachelor’s in business administration.
May 28th 2025-
04.00pm -04.45pmCommodities hedging strategies in US and LatAm markets
-
-
Bruno Nespoli Damasceno
Leader of the treasury and risk technical committee
IBEF
X
Bruno Nespoli Damasceno
Leader of the treasury and risk technical committee
IBEF
Bruno Nespoli Damasceno holds a degree in Economics from PUC Campinas, with executive education in Finance from Insper, Corporate Finance from Ohio University, and an MBA from Saint Paul Business School. Since 2009, he has built his career in the financial sector, working for large corporations with a strong focus on corporate treasury. He currently works for a leading global company in the agribusiness sector and serves as the Leader of the Treasury and Risk Technical Committee at Ibef São Paulo, Brazil’s largest finance executive institute. He also serves as Executive Director at Rumos Pension Fund ($270M AUM, 4,000 pensioners).
May 28th 2025-
04.00pm -04.45pmCommodities hedging strategies in US and LatAm markets
-
Moderated by
-
Daniel Blumen
Partner
Treasury Alliance Group
X
Daniel Blumen
Partner
Treasury Alliance Group
Daniel L. Blumen, CTP is a founding partner of Treasury Alliance Group where he leads consulting engagements dealing with working capital management, systems integration, liquidity and risk management and other global treasury issues. Prior to co-founding Treasury Alliance in 2002, he was Managing Director of Knowledge Management Applications, a firm he founded in 1998. Dan was with Bank of America in Chicago and Singapore, where he managed the ASEAN region of the Global Payment Services Group. He also worked for Citibank in Chicago and in London where he had pan-European management responsibility for cash management business development. He has worked with large multinationals and emerging international companies and shares his experience as an author and as a frequent speaker at cash management gatherings worldwide.
May 28th 2025-
12.00pm -12.45pmRoundtables
-
02.00pm -02.45pmWorking capital optimization best practice
-
04.00pm -04.45pmCommodities hedging strategies in US and LatAm markets
-
04.45pm -05.30pmTreasury and banking relationships in LatAm
-
12.00pm -12.45pmCorporate loan and bond markets: rates and refinancing scenarios
-
03.30pm -04.15pmVisible advances in cash management practices
-
Acquisition planning and financing: a strategic exemplar for treasury
Acquisitions require strategic leadership in treasury, in areas including financial planning, capital raising, investments and business integration. For the treasury team, cross disciplinary collaboration with colleagues in FP&A, commercial, legal as well as external banking partners and ratings agencies is essential to successful deal execution. In this case study we hear how BMS treasury team worked together with internal and external partners over a short time frame to acquire two strategically critical businesses in a $16bn financing plan. The treasury team developed models to project cashflow, working capital and capital expenditure scenarios, providing analysis for a $10bn deleveraging program, which was critical in securing investment rating stability. The treasury team worked with banking partners to launch a senior unsecured term loan, and revolving credit facility, structured to provide the flexibility through market disruption. The subsequent bond issuance was highly successful, with $90bn orders and 7x oversubscribed, and following the settlement the treasury team utilised time deposits, treasury bills and money market funds to maximise cash investments through the conclusion of the acquisitions. For treasurers looking for a strategic roadmap for acquisitions, this case study is a model exemplar.
-
Keith Gaub
Assistant treasurer
Bristol Myers SquibbX
Keith Gaub
Assistant treasurer
Bristol Myers SquibbCurrently the Assistant Treasurer at Bristol Myers Squibb, with responsibility over the capital structure, financial policy, interest rate & fx risk management, investments, and international operations. Prior to joining BMS I worked at Zoetis in Investor Relations, where I managed relationships with sell-side analysts and large institutional investors, in addition to supporting the CEO & CFO during earnings announcements. I joined Zoetis following the company’s spin-off from Pfizer, playing a role in establishing the global capital markets function. Prior to Zoetis, I was with Lehman Brothers and Barclays in several different capacities, including liquidity management, secured and unsecured financing, and municipal bond sales
May 28th 2025
Moderated by
-
Jeff Horowitz
Senior advisor
Treasury Sources GroupX
Jeff Horowitz
Senior advisor
Treasury Sources GroupJeff Horowitz is a business executive with extensive expertise in corporate treasury, financial services, payments, talent development, relationship management, and helping businesses grow while effectively helping teams manage risk. Jeff is currently the senior advisor and on the executive board with Treasury Sources Group, LLC where
he provides advice and consultation to organizations, banks, and technology companies in areas that include treasury and finance, payments, working capital optimization, and workforce effectiveness. During his 30+ year career Jeff has lived and worked in Europe, Asia and the United States and led global teams at companies including Bank of New York Mellon, ABN AMRO Bank, Standard Chartered Bank, Treasury Sources Group and Walt Disney Co. Jeff is a frequent industry speaker at conferences that include Euro Finance, The Financial Times Finance Summit, and AFP (Association for Financial Professionals), as well as AFP local chapters in New York, Boston, Chicago, Minneapolis-St. Paul, Texas, and other conferences / industry events worldwide. He is a former adjunct professor at The New York Institute of Technology and earned a Bachelor of Science in Education from the State University of New York, and a Master of Business Administration from Adelphi University. Jeff is the Trustee for a charitable giving fund focused on causes that he and his family care about, including providing vital resources to families in need around the world, helping with global environmental issues and advocating for the LGBTQIA+ community.May 28th 2025-
12.00pm -12.45pmRoundtables
-
04.00pm -04.45pmAcquisition planning and financing: a strategic exemplar for treasury
-
04.45pm -05.30pmFX hedging and automation: swapping stories
-
04.15pm -04.45pmAI innovation for treasury in practice: World bank case study
-
Treasury and banking relationships in LatAm
Treasurers working with local banking partners providing treasury services in Latin America are met with different rate and liquidity environments across the region. Whilst Mexico and Brazil are seeing a decline in rates from double digit highs, significant challenges remain in liquidity markets in Argentina where interest rates are running at 40 percent. In this environment, treasurers seek to avoid local currency funding, even as local rates ease. In this session treasurers of both Lat Am companies operating in their local markets and treasurers of US subsidiaries, share their perspectives and experiences on liquidity operations with local banks as well as the provision of additional treasury services including payments, cash deposits and FX services. Treasurers discuss the advances and innovation in technology provided by local banks and their partnership in the development of bank products and services for corporate treasury clients in the region.
-
Jose Olguin
Head of corporate treasury and risk management
FEMSA
X
Jose Olguin
Head of corporate treasury and risk management
FEMSA
Experience: more than 25 years in Corporate Finance and Operational Risk Management. Specialties: Corporate Finance, Risk Management, Derivatives, Processes, Information Technology, Shared Service Centers, Working Capital, Cash Flow, Operational Risk Management and M&AMember of the Board of Directors of Grupo Solventa, a Chilean consumer credit companyHead of Corporate Treasury and Operational Risk ManagementFEMSAOctober 2018 to present. Responsible for financing strategy (equivalent to 5 billion bond Issuances in USD, EUR and MXP) and liability management, derivatives (FX, Equities, Interest Rates, and commodities), leases, cash flow, relations with financial institutions and rating agencies. Headed Heineken shares sales (7.3 billion Euros).Investment portfolio management for more than 6.5 billion dollars. Design of centralized treasury structures and transformation to new service model (Kyriba)Responsible for operational risk management strategy in 14 countries with premium payments more than $180 million per year. Currently developing FEMSAs Captive.Head of the Mergers and Acquisitions department coordinating and analyzing the purchase of companies for more than 3 billion dollars during 2022.Created in house bank strategy to have achieve better financial and tax performance.
May 28th 2025-
04.45pm -05.30pmTreasury and banking relationships in LatAm
-
-
Tatiane Mendonça
Finance and governance director
W-CFO
X
Tatiane Mendonça
Finance and governance director
W-CFO
Tatiane Mendonça – She is 45 years old. Marco’s wife for 26 years. Mother of Natália (currently 23) and Manuela (about 15). Tutor of Maple, Pepper, Cholula and Brie. Passionate about life and reading, she practices lifelong learning for the pure pleasure of it. Master in Controllership and Finance from FIPECAFI, graduated in Business from Mackenzie, with an International MBA from Embry Riddle, Financial Engineering from FIA and an MBA in Neuroscience from PUC. Founding member of W-CFO Brazil. Co-author of the books Women in Finance and Women in Aviation. With almost 25 years of experience in Finance, she currently works as CFO of ALAGEV, Executive Director of Finance at W-CFO and Treasurer at Gol.
May 28th 2025-
04.45pm -05.30pmTreasury and banking relationships in LatAm
-
-
Maria Jose Ortiz Fica
VP, financial planning and treasury
LATAM Airlines
X
Maria Jose Ortiz Fica
VP, financial planning and treasury
LATAM Airlines
María José is a senior Finance executive with broad experience in corporate finance, treasury, investor relations, and financial planning & analysis. She is currently VP of Treasury and Financial Planning at LATAM Airlines Group, where she leads strategic finance functions across the Group and played a key role in the company’s Chapter 11 restructuring, as well as in capital markets, corporate development, and global treasury operations.Before rejoining LATAM, she served as VP of Finance at Ripley Corp, overseeing corporate finance, investor relations, treasury, credit, and insurance. Earlier in her career, she was the Investor Relations Officer at LATAM during the consolidation period following the merger between LAN and TAM. She also worked as a sell-side analyst at Itaú-Corpbanca and in consulting at OPUS in Kuala Lumpur, Malaysia.María José holds an MBA from IMD Business School and a Civil Engineering degree from Pontificia Universidad Católica de Chile. She was selected by McKinsey as one of Latin America’s Next Generation Women Leaders.
May 28th 2025-
04.45pm -05.30pmTreasury and banking relationships in LatAm
-
Moderated by
-
Daniel Blumen
Partner
Treasury Alliance Group
X
Daniel Blumen
Partner
Treasury Alliance Group
Daniel L. Blumen, CTP is a founding partner of Treasury Alliance Group where he leads consulting engagements dealing with working capital management, systems integration, liquidity and risk management and other global treasury issues. Prior to co-founding Treasury Alliance in 2002, he was Managing Director of Knowledge Management Applications, a firm he founded in 1998. Dan was with Bank of America in Chicago and Singapore, where he managed the ASEAN region of the Global Payment Services Group. He also worked for Citibank in Chicago and in London where he had pan-European management responsibility for cash management business development. He has worked with large multinationals and emerging international companies and shares his experience as an author and as a frequent speaker at cash management gatherings worldwide.
May 28th 2025-
12.00pm -12.45pmRoundtables
-
02.00pm -02.45pmWorking capital optimization best practice
-
04.00pm -04.45pmCommodities hedging strategies in US and LatAm markets
-
04.45pm -05.30pmTreasury and banking relationships in LatAm
-
12.00pm -12.45pmCorporate loan and bond markets: rates and refinancing scenarios
-
03.30pm -04.15pmVisible advances in cash management practices
-
FX hedging and automation: swapping stories
With a strong US dollar, and some mooting dollar devaluation to boost exports, as well as currency volatility in LatAm markets, treasurers are constantly evaluating natural versus financial hedging strategies in specific currency pairs. Given the time consuming task of FX analysis, treasurers are inclined to implement systematic foreign exchange risk management controls, including automated hedging strategies, dynamic hedging techniques, and the use of AI-powered data analytics to minimise currency risk and exposures. Yet the creation of FX algorithms to perform automatic hedging within defined parameters, is part of the derisking process, the other part is the strategic judgement and oversight of the treasurer in uncertain markets. Here treasurers share how they approach FX risk now and the technologies that help.
-
Fred Schacknies
Vice president and treasurer
TechnipFMC
X
Fred Schacknies
Vice president and treasurer
TechnipFMC
Fred has over 20 years’ experience in global treasury management across various industries. He is currently VP & Treasurer at TechnipFMC, based in Houston, where he is responsible for treasury, insurance and pension investments. He is also a member of the Board of Directors of the Association for Financial Professionals (AFP). Prior to joining TechnipFMC in 2020, he was treasurer at Hilton and held various treasury roles at Constellation Energy and Lucent Technologies. Over the years, Fred and his teams have received multiple awards for treasury projects, including an AFP Pinnacle Award Grand Prize, an Adam Smith award and several Alexander Hamilton awards. Fred holds an MBA in finance from New York University’s Stern School of Business and a BA in economics and international relations from Brown University.
May 28th 2025-
04.45pm -05.30pmFX hedging and automation: swapping stories
-
-
Pradipto Bagchi
Treasurer
Zimmer Biomet
X
Pradipto Bagchi
Treasurer
Zimmer Biomet
May 28th 2025-
04.45pm -05.30pmFX hedging and automation: swapping stories
-
Moderated by
-
Jeff Horowitz
Senior advisor
Treasury Sources GroupX
Jeff Horowitz
Senior advisor
Treasury Sources GroupJeff Horowitz is a business executive with extensive expertise in corporate treasury, financial services, payments, talent development, relationship management, and helping businesses grow while effectively helping teams manage risk. Jeff is currently the senior advisor and on the executive board with Treasury Sources Group, LLC where
he provides advice and consultation to organizations, banks, and technology companies in areas that include treasury and finance, payments, working capital optimization, and workforce effectiveness. During his 30+ year career Jeff has lived and worked in Europe, Asia and the United States and led global teams at companies including Bank of New York Mellon, ABN AMRO Bank, Standard Chartered Bank, Treasury Sources Group and Walt Disney Co. Jeff is a frequent industry speaker at conferences that include Euro Finance, The Financial Times Finance Summit, and AFP (Association for Financial Professionals), as well as AFP local chapters in New York, Boston, Chicago, Minneapolis-St. Paul, Texas, and other conferences / industry events worldwide. He is a former adjunct professor at The New York Institute of Technology and earned a Bachelor of Science in Education from the State University of New York, and a Master of Business Administration from Adelphi University. Jeff is the Trustee for a charitable giving fund focused on causes that he and his family care about, including providing vital resources to families in need around the world, helping with global environmental issues and advocating for the LGBTQIA+ community.May 28th 2025-
12.00pm -12.45pmRoundtables
-
04.00pm -04.45pmAcquisition planning and financing: a strategic exemplar for treasury
-
04.45pm -05.30pmFX hedging and automation: swapping stories
-
04.15pm -04.45pmAI innovation for treasury in practice: World bank case study
-
Networking reception
Sponsored by:
Enjoy cocktails and canapés at the evening networking reception with live entertainment from 4 times Grammy winner, Tomacito Cruz.
Master percussionist, singer, songwriter and producer
-
Tomasito Cruz
X
Tomasito Cruz
Tomasito Cruz was born in Havana and from a very young age proved his talents in music. A gifted musician, singer and songwriter Tomasito was raised in Pinar del Rio, Cuba where he attended a vocational school for the Arts “Escuela Vocacional De Arte Raul Sanchez” from the tender age of 8. At age 14 he was admitted to the prestigious National School of Arts “Escuela Nacional De Arte de Cuba {ENA}” in Havana. With prodigal abilities in music he studied piano, trombone, and percussion, as well as vocals. By the age of 19, the talented Tomasito was recruited by top Cuban band, Paulito FG y Su Elite. After a couple of years of touring internationally with the popular band, he chose to seek exile in Miami while the band was performing on US territory.
Miami was welcoming to Tomasito’s talent and quite promptly he was earning a living in South Florida as a musician. Holding down multiple jobs, during the day he performed as the conga player alongside the house band on a TV and at night he was a regular at a Miami Beach club. His talent was soon recognized by the well-known Celia Cruz which took him in as her orchestra’s conga player. As the youngest member of the band, Celia Cruz and her husband and manager Pedro Knight served as role models for the young artist. Pedro Knight often advised Tomasito to “soar higher” and taking Pedro’s words to heart, he was soon accompanying some of the biggest names in the Latin music industry performing with Willy Chirino, Israel Lopez “Cachao,” and ultimately enjoying a 4 year tenure with Arturo Sandoval.
In the span of two decades, Tomasito has authored three international best-selling books of music. His titles include The Tomas Cruz Conga Method Volume 1 Beginners, Volume 2 Intermediate, and Volume 3 Advanced. All of them are accompanied by an instructional DVD.
Tomasito has received 5 Grammy nominations and is a 4-time Grammy-winning recording artist for his participation in the productions of Arturo Sandoval’s “Rumba Palace,’ Willy Chirino’s “Son del alma,” and Alejandro Sanz’s “No es lo mismo.” “Candela” was his first album as a solo singer, songwriter, and producer and was nominated in Spain as the best album of Cuban music in 2010.
May 28th 2025-
05.30pm -07.00pmNetworking reception
-
Registration and light breakfast
Welcome
Treasury technology transition: the TMS, ERP, APIs project challenge
Treasurers often say that they are in the middle of a transition project – some are migrating forecasting from spreadsheets to a TMS based system, others are in the process of building a business case for TMS transition. Some treasurers are busy building treasury functionality into the ERP, with plug in modules on cash forecasting and liquidity management. Others still are connecting to their banks portals through the ERP via banking APIs. For many treasurers, internal challenges still need to be met to make the transition journey successful – the business ROI case and budget challenge, the systems evaluation and technology partner challenge, the treasury skills and implementation challenge, and ultimately the operational benefits challenge. In this session treasurers discuss the key challenges in treasury technology transition at various stages of their implementation journey to provide a roadmap for those embarking on transition.
-
Aditi Agarwal
Chief of staff and global treasury operations leader
GE HealthCareX
Aditi Agarwal
Chief of staff and global treasury operations leader
GE HealthCareAditi joined GE HealthCare in Dec-2022 as Global Treasury Operations Leader and Chief of Staff, responsible for leading
the project for standing-up new treasury organization by implementing new processes, new systems and onboarding
new team. In her role as Chief of Staff for Treasury she is working on determining key treasury strategies and priorities,
uniting the newly established treasury team and working on driving the right culture and values within the organization.Prior to GE HealthCare, Aditi spent 14 years with GE Capital in various Treasury roles and was most recently the
Separation and Data Leader with GE Corporate Treasury. Aditi was the responsible for defining Treasury’s Tech Stack
strategy for GE’s three separating businesses. In addition to her GE’s separation responsibilities, Aditi also led Treasury
TMS and Data strategy implementation for GE Corporate Treasury. Prior to that, Aditi was based in Singapore as the
Digital Leader for GE Corporate Treasury leading digital initiatives to drive treasury transformation and process
automation.Aditi holds a Chartered Accountant degree from the Institute of Chartered Accountants of India, and a bachelor’s degree
in finance from the University of Agra, India.May 29th 2025-
09.00am -09.45amTreasury technology transition: the TMS, ERP, APIs project challenge
-
-
Mack Makode
VP, treasurer
Under Armour
X
Mack Makode
VP, treasurer
Under Armour
Mack Makode is Vice President and Treasurer for Under Armour. Mr. Makode was appointed to his current position in April 2018. As Treasurer, Mr. Makode is responsible for capital markets, FX and interest rate risk management, working capital optimization, cash forecasting and treasury operations.
Prior to joining Under Armour, Mr. Makode worked at Mylan for almost 3 years as Vice President and Asst. Treasurer, and General Electric (GE) for almost 10 years, holding progressive leadership positions including Treasurer of two GE Businesses (combined assets ~$70B) with promotion to Asst. Treasurer of GE’s largest operating units (Industrial businesses) with $250+B assets in >130 countries. In these roles, Mr. Makode was responsible for FX, interest rate and commodity hedging strategies and hedge accounting, liquidity analysis and management, traditional and alternate funding, cash flow and working capital management, M&A evaluation and integration, and cash and bank account management.
Mr. Makode received his Ph. D. in Structural Engineering from The Johns Hopkins University and MBA in Finance and Marketing from The Wharton Business School. Mr. Makode was a professional badminton player early in his career.
Mr. Makode lives in Clarkesville, MD with his wife and has two sons.
May 29th 2025-
09.00am -09.45amTreasury technology transition: the TMS, ERP, APIs project challenge
-
-
Jeremy Reedus
Vice president and global treasurer
Varel Energy SolutionsX
Jeremy Reedus
Vice president and global treasurer
Varel Energy Solutions“Treasury stands here today looking forward to the future with FP&A as well as answers for the aftermath with Accounting.” Jeremy serves as VP & Global Treasurer for Varel Energy Solutions, one of the world’s largest independent manufacturers and suppliers of downhole drilling and completions products to the energy sector. His mission is to help organizations realize the Treasury department is an overlooked, critical, strategic partner that can enhance the financial awareness of the entire enterprise. Prior to joining Varel, Jeremy held various treasury and finance roles in prestigious global companies such as Air Liquide (US office) and Saudi Aramco (Saudi Arabia). Jeremy has years of experience in establishing scalable extensive structures that are global and transparent in nature. As a world citizen, he has expanded his global network immensely while developing a track record of marked increases in efficiency, effectiveness, and internal collaboration. He is the recent past President of the Houston Treasury Management Association, which is one of the oldest Treasury associations in the United States. He is a native Houstonian and holds an EMBA from the University of Houston.
May 29th 2025-
09.00am -09.45amTreasury technology transition: the TMS, ERP, APIs project challenge
-
-
Maritza Gerde
VP, treasury
Globalization PartnersX
Maritza Gerde
VP, treasury
Globalization PartnersMay 29th 2025-
09.00am -09.45amTreasury technology transition: the TMS, ERP, APIs project challenge
-
Moderated by
-
Debbie Kaya
Independent treasury professional
X
Debbie Kaya
Independent treasury professional
May 28th 2025-
12.00pm -12.45pmRoundtables
-
02.45pm -03.30pmLiquidity management technologies for treasury
-
09.00am -09.45amTreasury technology transition: the TMS, ERP, APIs project challenge
-
Supporting treasury through market uncertainty and change
US markets are in a period of change. Treasurers in multinational companies with supply chains that extend through the US and across borders to Canada and Mexico, or China, are now running scenarios through forecasting models to understand and plan for the impacts of tariffs on cash and liquidity. The uncertain environment and instability in markets are for treasurers, a new challenge that requires enhanced market intelligence and accurate internal and external data on a range of market indicators. For some companies, a recalibration of supply will be necessary, with all the renegotiation of terms required to create sustainable supply in markets. The extent and speed at which new AI tools and technologies can assist in gathering market information and supply intelligence, and provide relevant financial data to the treasury, can be critical in forecasting. Core considerations on the sustainability of supply, ESG compliance factors, as well as onboarding and integration into supply chain financing and liquidity programmes are also all priorities as supply shifts. In this session we take a long look at what treasurers are prioritising as tariffs take hold, supply chains recalibrate, and how bank partners are assisting in providing the tools, technologies, services and liquidity to support change in uncertain markets.
-
Marina Andrés
Advisory GTB global head – managing director
BBVA
X
Marina Andrés
Advisory GTB global head – managing director
BBVA
With more than 20 years of experience, Marina is Managing Director in BBVA, leading the Advisory GTB teams globally, applying innovation and sustainability in the global transaction banking products. Advisory GTB is present in Latin America (Mexico, Colombia, Peru and Argentina), US and Europe (Spain and UK). Before Advisory GTB Marina worked for BBVA in Brazil, Hong Kong and Spain building up a solid experience in arranging and structuring successful Trade Finance transactions in these regions. Marina holds a business degree from Fundação Getúlio Vargas – EAESP (Sao Paulo, Brazil), a Certificate of Financial Management from Ibmec (Sao Paulo, Brazil) and an MBA from Hong Kong University (Hong Kong).
May 29th 2025-
09.45am -10.30amSupporting treasury through market uncertainty and change
-
-
Carolina Dorado
Head of corporate and eCommerce sales for Mexico
J.P. Morgan Payments
X
Carolina Dorado
Head of corporate and eCommerce sales for Mexico
J.P. Morgan Payments
Carolina is an Executive Director at J.P. Morgan Corporate & Investment Bank’s Payments business based in Mexico City.
She runs the Payments Sales Team for Mexican Corporates since November 2023. Previous to this role, she acted as Head of Payments Sales for Andean, Central American and The Caribbean Corporates since May 2022. Prior to joining J.P. Morgan, Carolina held several roles at Citibank in Treasury and Trade Solutions both in Colombia and Ecuador with responsibility for driving regional cash management, trade services, trade finance and export agency finance strategies. Carolina was also Member of the Board in Citi Ecuador and at Banred’s, the largest private bank association in Ecuador. She began her career in J.P. Morgan Colombia, working as Associate in Treasury and Security Services and she also worked in New York and London. She was speaker on Money 20/20 event in October 2022 representing Latam for JPMorgan Payments.May 29th 2025-
09.45am -10.30amSupporting treasury through market uncertainty and change
-
-
Amy Goldstein
Managing director international cash management & liquidity advisory
BNP Paribas
X
Amy Goldstein
Managing director international cash management & liquidity advisory
BNP Paribas
Amy joined BNP Paribas in 2015 as sales manager for international cash and liquidity management responsible for US-based large corporates. Before joining BNP Paribas, Amy held management roles in liquidity and global cash management at Wells Fargo, JP Morgan Chase and ABN AMRO/RBS, including running Global Transaction Services for ABN AMRO in Romania. Amy is a frequent speaker at industry conferences such as EuroFinance and AFP on Treasury, Cash and Liquidity Management topics.
Amy holds a Bachelor’s degree from Purdue University in West Lafayette, Indiana.
May 29th 2025-
09.45am -10.30amSupporting treasury through market uncertainty and change
-
Moderated by
-
Robert Novaria
Senior EuroFinance tutor and partner
Treasury Alliance Group
X
Robert Novaria
Senior EuroFinance tutor and partner
Treasury Alliance Group
Bob has more than 30 years of corporate treasury experience in the roles of treasurer, credit director, finance manager and controller at BP America and Amoco Corporation. He has successfully managed post-acquisition integrations, technology upgrades and corporate restructurings. Currently, Bob is a partner with the Treasury Alliance Group, leveraging his corporate experience in client engagements dealing with global treasury, risk and crisis management; cash management and cash flow forecasting; working capital management; shared service operations and general management. He also shares his experiences by tutoring others in courses such as international cash and treasury management, corporate risk management and cash flow forecasting, as well as by chairing, moderating and speaking at treasury conferences worldwide.
May 28th 2025-
11.15am -12.00pmNext level AI cash forecasting techniques and technologies
-
12.00pm -12.45pmRoundtables
-
02.45pm -03.30pmTrade and supply chain finance in US and Latin America
-
09.45am -10.30amSupporting treasury through market uncertainty and change
-
11.15am -12.00pmCentralisation vs localisation of treasury operations in US and Lat Am
-
Networking
The networking breaks, held in the exhibition area, are your opportunity to dive deeper into new ideas sparked by the sessions with peers, industry leaders, and solution providers in a more informal setting. Maximise your time by booking one-on-one meetings in advance through the app.
Session to be confirmed
Session to be confirmed
Centralisation vs localisation of treasury operations in US and Lat Am
For multinational companies working across Latin America, the optimal organisation of treasury to support business in local markets is a question that is often under strategic review. Whilst some companies prefer to have an office and treasury function in every country in which they operate to support local currency operations and banking relationships, some companies opt for regional treasury hubs, whilst others have a completely centralised treasury model. Whilst there is no ‘one size fits all’ approach to treasury organisational models, the optimal alignment of treasury services is a strategic question to which there are several options, depending on the requirements of the business. External factors such as tax structures, applicable laws on foreign investment, foreign exchange controls in cash operations as well as the liquidity needs of local entities are all core considerations in determining treasury structures. In this session treasurers debate the optimal ways to support the treasury requirements of the business at both central and local level and discuss the challenges in operational alignment of local and regional treasury teams in supporting central treasury operations.
-
Lucas Brizuela
Corporate treasury director
Arcos DoradosX
Lucas Brizuela
Corporate treasury director
Arcos DoradosCorporate Finance and Treasury Director since January 2021. Prior to his appointment, Mr. Brizuela held different positions in the Corporate Finance team, including risk management, planning, and debt management since 2014During his career, Mr. Brizuela worked for different multinational companies in consulting, energy and international business. He is a Certified Public Accountant from the University of Buenos Aires, and holds a Masters in Corporate Finance from the University of San Andrés, Argentina.
May 29th 2025 -
Camila de Aguiar Ferreira
Finance manager
SamarcoX
Camila de Aguiar Ferreira
Finance manager
SamarcoMay 29th 2025
Moderated by
-
Robert Novaria
Senior EuroFinance tutor and partner
Treasury Alliance Group
X
Robert Novaria
Senior EuroFinance tutor and partner
Treasury Alliance Group
Bob has more than 30 years of corporate treasury experience in the roles of treasurer, credit director, finance manager and controller at BP America and Amoco Corporation. He has successfully managed post-acquisition integrations, technology upgrades and corporate restructurings. Currently, Bob is a partner with the Treasury Alliance Group, leveraging his corporate experience in client engagements dealing with global treasury, risk and crisis management; cash management and cash flow forecasting; working capital management; shared service operations and general management. He also shares his experiences by tutoring others in courses such as international cash and treasury management, corporate risk management and cash flow forecasting, as well as by chairing, moderating and speaking at treasury conferences worldwide.
May 28th 2025-
11.15am -12.00pmNext level AI cash forecasting techniques and technologies
-
12.00pm -12.45pmRoundtables
-
02.45pm -03.30pmTrade and supply chain finance in US and Latin America
-
09.45am -10.30amSupporting treasury through market uncertainty and change
-
11.15am -12.00pmCentralisation vs localisation of treasury operations in US and Lat Am
-
Conference breaks into tracks
Payments innovation and interoperability in corporate treasury
Whilst batch payments and ACH are the mainstay treasury of payment systems, the payments ecosystem is evolving rapidly, with innovation across both B2C and B2B markets. Most notably, real-time payments, which enable direct account to account transfers in intraday transactions, whilst still comparatively small at 2 percent, are gaining in volumes, with the benefits of instant liquidity and working capital. Yet for treasurers dealing only in batch payments, API-driven payment platforms on B2B transactions linked to bank accounts, are enabling faster, more secure, and more efficient payments through centralised payment hubs in treasury. In cross-border payments, SWIFT is moving forward with ISO2022 interoperable systems and gsi messaging. Here treasurers discuss advances in innovation and interoperability in payments, the challenge and benefits of APIs, and the pros and cons around the adoption and integration of real time payments systems.
-
Benjamin Tejaido
Regional treasury director
GE HealthCare
X
Benjamin Tejaido
Regional treasury director
GE HealthCare
May 29th 2025-
12.00pm -12.45pmPayments innovation and interoperability in corporate treasury
-
-
Ouassila Sayd
Head of Cash Management and Payments
Siemens
X
Ouassila Sayd
Head of Cash Management and Payments
Siemens
May 29th 2025-
12.00pm -12.45pmPayments innovation and interoperability in corporate treasury
-
-
Beatriz Gonçalves
Treasury Manager
CovestroX
Beatriz Gonçalves
Treasury Manager
CovestroMay 29th 2025-
12.00pm -12.45pmPayments innovation and interoperability in corporate treasury
-
-
Harvey Colli
Managing director, head of Latin America payments corporate and eCommerce sales
J.P. Morgan
X
Harvey Colli
Managing director, head of Latin America payments corporate and eCommerce sales
J.P. Morgan
Harvey Colli, Managing Director, joined JP Morgan in January 2022 in the Payments Business as the Head of Latin America Corporate and eCommerce Sales. Harvey reports functionally to J.P. Jolly and Trish Devine, and regionally to Ignacio Muñoz de Cote. He joins both the Latin America Payments management team and the Global Corporate and eCommerce Sales management team.
Harvey brings more than two decades of experience in Payments and Treasury Services. He comes from MUFG Bank, where he was the Head of Transaction Banking for Latin America. Prior to that, he served as the Head of Treasury Services for Brazil at J.P. Morgan and before held different leadership positions in Transaction Services at Citi.
The country Heads for Corporate and eCommerce Sales in Brazil, Mexico, Argentina, Chile, and Andean, Central America and Caribbean region report directly to Harvey with accountability to their respective in-country Payments heads. Harvey holds an MBA degree from FAAP University and University of New Mexico. He is married and has 2 daughters. He is fluent in English, Spanish and Portuguese and is based in Sao Paulo, Brazil.May 29th 2025-
12.00pm -12.45pmPayments innovation and interoperability in corporate treasury
-
Corporate loan and bond markets: rates and refinancing scenarios
As rates ease in both US and LatAm markets through 2025, and the cost of borrowing falls in loan and bond markets, access to credit and capital for both investment and non-investment grade companies is likely to increase, as yields decline. The loosening of credit markets across the corporate ratings as interest rates fall, will likely see a surge in refinancing and debt restructuring at lower rates, as loans mature over the next year. Maturing debt volumes in the US are likely to hit US$2.3 trillion in 2025, according to S&P analysis. Yet events might derail that scenario, if inflation proves stubborn and sticky, and rate cuts are halted or reversed, or if treasury yields invert and growth slows. Here treasurers currently navigating RCF and bond refinancing options, discuss their outlook and strategies for liquidity and capital in an uncertain rate environment.
-
Rahul Modi
SVP, enterprise planning
Lumen Technologies
X
Rahul Modi
SVP, enterprise planning
Lumen Technologies
May 29th 2025-
12.00pm -12.45pmCorporate loan and bond markets: rates and refinancing scenarios
-
-
Greig Lindo
Head of treasury and corporate finance
GraceKennedyX
Greig Lindo
Head of treasury and corporate finance
GraceKennedyGreig is a financial services expert with over 18 years of experience in client relationships, treasury management, and asset trading in global markets. Throughout his career, he has continually developed his skills in negotiation, complex problem-solving, and leadership.Having served in senior roles with a major Caribbean Financial Conglomerate, Greig brings valuable experience in regional capital markets to his current position as Head of Treasury and Corporate Finance at GraceKennedy Limited, a growing Caribbean-based Global Consumer conglomerate.He is a Certified Treasury Professional with an MBA in Banking from the University of London and a Bachelor’s degree in Business Administration from the University of Miami, where he double-majored in Business Management and Marketing.
May 29th 2025-
12.00pm -12.45pmCorporate loan and bond markets: rates and refinancing scenarios
-
Moderated by
-
Daniel Blumen
Partner
Treasury Alliance Group
X
Daniel Blumen
Partner
Treasury Alliance Group
Daniel L. Blumen, CTP is a founding partner of Treasury Alliance Group where he leads consulting engagements dealing with working capital management, systems integration, liquidity and risk management and other global treasury issues. Prior to co-founding Treasury Alliance in 2002, he was Managing Director of Knowledge Management Applications, a firm he founded in 1998. Dan was with Bank of America in Chicago and Singapore, where he managed the ASEAN region of the Global Payment Services Group. He also worked for Citibank in Chicago and in London where he had pan-European management responsibility for cash management business development. He has worked with large multinationals and emerging international companies and shares his experience as an author and as a frequent speaker at cash management gatherings worldwide.
May 28th 2025-
12.00pm -12.45pmRoundtables
-
02.00pm -02.45pmWorking capital optimization best practice
-
04.00pm -04.45pmCommodities hedging strategies in US and LatAm markets
-
04.45pm -05.30pmTreasury and banking relationships in LatAm
-
12.00pm -12.45pmCorporate loan and bond markets: rates and refinancing scenarios
-
03.30pm -04.15pmVisible advances in cash management practices
-
Lunch
Lunch
Lunch
Roundtables
Gather together to share experiences and solutions around treasury management challenges, across a spectrum of processes. Corporate treasurers participating in the group discussions focus on improving processes for greater efficiency in treasury operations, citing the tools and techniques as well as products they deploy to enhance efficiency and optimise operations.
- FX management systems
- Cash management systems
- Financing solutions
- SCF and working capital strategies
- Treasury operations
- Lat Am markets
- B2C sectors (retail, ecommerce, travel etc)
- B2B industries (manufacturing, construction, energy etc)
- Technology transition
-
Delvina Kolic
Director of origination for the Americas
Orbian
X
Delvina Kolic
Director of origination for the Americas
Orbian
May 29th 2025-
02.00pm -03.00pmRoundtables
-
Networking
The networking breaks, held in the exhibition area, are your opportunity to dive deeper into new ideas sparked by the sessions with peers, industry leaders, and solution providers in a more informal setting. Maximise your time by booking one-on-one meetings in advance through the app.
Visible advances in cash management practices
Visibility is at the heart of innovation in cash management practices, say treasurers, with an ever increasing need to see real time cash positions, to determine liquidity needs. Pooling cash across business entities, including subsidiaries, and implementing effective intercompany netting practices to offset payables and reduce transaction fees, are key strategies toward cash efficiency across US corporate treasury structures. Here we deep dive into innovative cash management approaches, demonstrating how leading treasurers are fine tuning account data processes, to optimising liquidity, enhancing visibility, and maximising surplus cash flow to the business.
-
James Krikorian
VP, treasurer
Krispy Kreme
X
James Krikorian
VP, treasurer
Krispy Kreme
James Krikorian is the Vice President & Treasurer for Krispy Kreme. His extensive global treasury career began with the Italian headquartered Pirelli Spa and later Prysmian Spa where he worked abroad in Istanbul, London and Milan. More recently, and before joining Krispy Kreme, he headed the North American Treasury for AB Electrolux for the better part of a decade.
May 29th 2025-
03.30pm -04.15pmVisible advances in cash management practices
-
-
Arijit Dasgupta
VP, treasurer
Bridgestone Americas
X
Arijit Dasgupta
VP, treasurer
Bridgestone Americas
Arijit Dasgupta has been the Assistant Treasurer at Viatris responsible for Cash Management, Working Capital Optimization and FX Risk Management since Nov 2020. Viatris Inc. was formed in Nov 2020 as a result of the combination of Mylan N.V. and Pfizer’s Upjohn business, creating a global healthcare company providing medicines across 165 markets. Viatris reported a revenue of ~$16B in 2022. Before joining Viatris through the business combination, Arijit spent 8 years at Pfizer in various roles in Mergers and Acquisitions and Treasury. Prior to Pfizer, Arijit spent 10 year at General Electric starting in the Financial Management Program, and then Corporate Audit Staff, followed by various roles in FP&A and Technical Accounting.
May 29th 2025-
03.30pm -04.15pmVisible advances in cash management practices
-
-
Doug Tropp
SVP and treasurer
Booking Holdings Inc.
X
Doug Tropp
SVP and treasurer
Booking Holdings Inc.
Doug attended Syracuse University and graduated with a B.S. in Finance with a minor in Economics. He spent 8-years at the Fuji Bank Ltd. In NYC as a money markets trader. He attended Fordham University graduating with an MBA in Finance & Accounting. Doug joined the Hertz Corporation in 1998 as Manager, Corporate Finance. In 2000, Doug joined IBM treasury. Doug spent seven years with IBM and held roles in capital markets, risk management & foreign exchange. While with IBM, Doug spent two years in Dublin Ireland on an international assignment in the role of Chief Dealer of IBM’s In-house Bank. In 2007, he joined GE Corporate Treasury as a Managing Director. Doug held various roles over his 7-year career at GE Capital. In 2014, Doug joined Booking Holdings as VP, Treasurer. Doug oversees funding, investments, cash management, insurance, risk management, share repurchase and bank relations. Doug was promoted to SVP in February 2020 and is a member of the senior leadership team. Booking Holdings brands include; Booking.com, priceline.com, KAYAK, Agoda.com, rentalcars.com and Open Table.
May 29th 2025-
03.30pm -04.15pmVisible advances in cash management practices
-
Moderated by
-
Daniel Blumen
Partner
Treasury Alliance Group
X
Daniel Blumen
Partner
Treasury Alliance Group
Daniel L. Blumen, CTP is a founding partner of Treasury Alliance Group where he leads consulting engagements dealing with working capital management, systems integration, liquidity and risk management and other global treasury issues. Prior to co-founding Treasury Alliance in 2002, he was Managing Director of Knowledge Management Applications, a firm he founded in 1998. Dan was with Bank of America in Chicago and Singapore, where he managed the ASEAN region of the Global Payment Services Group. He also worked for Citibank in Chicago and in London where he had pan-European management responsibility for cash management business development. He has worked with large multinationals and emerging international companies and shares his experience as an author and as a frequent speaker at cash management gatherings worldwide.
May 28th 2025-
12.00pm -12.45pmRoundtables
-
02.00pm -02.45pmWorking capital optimization best practice
-
04.00pm -04.45pmCommodities hedging strategies in US and LatAm markets
-
04.45pm -05.30pmTreasury and banking relationships in LatAm
-
12.00pm -12.45pmCorporate loan and bond markets: rates and refinancing scenarios
-
03.30pm -04.15pmVisible advances in cash management practices
-
AI innovation for treasury in practice: World bank case study
In the fast moving world of AI innovation can come from anywhere, and for treasurers, very valuable and insightful examples of AI implementation in processes can make significant productivity and efficiency gains. In Washington, successful new applications of AI in treasury cash management can be found in this illuminating case study from the World Bank. At the centre of a large cash management operation, the bank collects data from bond terms which feed into cash projections and forecasts. Yet data from sources can be inaccurate, leading to incorrect forecasts. To solve this challenge, the treasury developed an AI tool using Microsoft’s Azure Cognitive Studio to read bond final terms directly from issuers, which verifies data accuracy, and identifies discrepancies in different types of securities. Implementing AI has significantly reduced data analysis time, from hours to minutes and improved data accuracy, saving costly errors, where discrepancies on multi-million deposits can cost thousands daily. This AI solution, whilst unique to the bank, is an example of how AI technologies can improve data quality, reduce errors and help eliminate risks, whilst improving process efficiency, accuracy and reducing costs in treasury, cash and asset management operations.
-
Sonia Amaya
Treasury asset & liability operations
The World Bank Treasury
X
Sonia Amaya
Treasury asset & liability operations
The World Bank Treasury
Sonia Amaya is Financial Officer of Asset and Liability Operations (TREAL) at the World Bank Treasury. She is part of a global team of approximately 50 staff members responsible for managing around $300 billion in outstanding debt issuance, $650 billion in derivatives, and $200 billion in assets under management (AUM) for the World Bank and over 60 clients, including central banks and official institutions.
Sonia is passionate about advancing technology in asset management. She recently played a key role in designing, training, and implementing an AI solution for treasury operations that reconciles key securities terms from multiple sources. This innovative solution has been showcased to hundreds of industry members, multilateral development banks (MDBs), and corporate entities, receiving high praise for its innovation and impact. In recognition to the team efforts to advance capital markets and asset management, the TREAL team received several industry awards including “Innovation in Reserves Management” (2021) and “Asset Servicing Initiative of the year” (2023). The team has twice been shortlisted for “Operations Team of the Year” award (2023 and 2024).
Sonia holds a Master of Science in Economics from Johns Hopkins University and a Master’s Degree in Finance from Universidad de Alcalá in Spain.
May 29th 2025-
04.15pm -04.45pmAI innovation for treasury in practice: World bank case study
-
Moderated by
-
Jeff Horowitz
Senior advisor
Treasury Sources GroupX
Jeff Horowitz
Senior advisor
Treasury Sources GroupJeff Horowitz is a business executive with extensive expertise in corporate treasury, financial services, payments, talent development, relationship management, and helping businesses grow while effectively helping teams manage risk. Jeff is currently the senior advisor and on the executive board with Treasury Sources Group, LLC where
he provides advice and consultation to organizations, banks, and technology companies in areas that include treasury and finance, payments, working capital optimization, and workforce effectiveness. During his 30+ year career Jeff has lived and worked in Europe, Asia and the United States and led global teams at companies including Bank of New York Mellon, ABN AMRO Bank, Standard Chartered Bank, Treasury Sources Group and Walt Disney Co. Jeff is a frequent industry speaker at conferences that include Euro Finance, The Financial Times Finance Summit, and AFP (Association for Financial Professionals), as well as AFP local chapters in New York, Boston, Chicago, Minneapolis-St. Paul, Texas, and other conferences / industry events worldwide. He is a former adjunct professor at The New York Institute of Technology and earned a Bachelor of Science in Education from the State University of New York, and a Master of Business Administration from Adelphi University. Jeff is the Trustee for a charitable giving fund focused on causes that he and his family care about, including providing vital resources to families in need around the world, helping with global environmental issues and advocating for the LGBTQIA+ community.May 28th 2025-
12.00pm -12.45pmRoundtables
-
04.00pm -04.45pmAcquisition planning and financing: a strategic exemplar for treasury
-
04.45pm -05.30pmFX hedging and automation: swapping stories
-
04.15pm -04.45pmAI innovation for treasury in practice: World bank case study
-
Future of payments: what stablecoins mean for corporate treasury
Stablecoins emerge as an evolution of the existing payment system with the potential to disrupt existing infrastructures, the business models of payment service providers, and the expectations of the users. The very possibility of programmability coupled with smart-contracts reduces frictions and transaction costs, but at the same time increases risks associated with the finality of payments, raises questions around KYC obligations, and creates cybersecurity concerns. These developments take place in an environment of limited regulatory certainty that is exacerbated by geopolitical shifts that challenge the supremacy of the USD and the EURO while generating challenges for Central Banks to control their transmission mechanism and monetary sovereignty. This session will allow Treasurers to reflect on the economics, the value proposition, and the risks associated with stablecoins, the trajectory of their adoption over time, and the expected regulatory breakthroughs.
-
Dimitrios Psarrakis
Senior fellow, Wharton blockchain and digital assets project
The Wharton SchoolX
Dimitrios Psarrakis
Senior fellow, Wharton blockchain and digital assets project
The Wharton SchoolDimitris Psarrakis is Senior Fellow of Wharton’s Blockchain and Digital Assets Project (BDAP) and Board Director of GBBC. He served for seven years as Economic and Monetary Policy Specialist at the European Parliament, and he is ranked among the World’s top 100 most influential people in Blockchain and RegTech. Dimitris is the draftsperson of the Blockchain Resolution that created the framework of the regulatory treatment of blockchain technology in the EU. He co-drafted most of the Digital Finance Regulations of the EU, most importantly, the Crowdfunding Platforms Regulations and the Titles 2 and 3 of the Markets in Crypto-Asset Regulation (MiCA). Before leaving the European Parliament, his last work was the DLT Pilot Regime, which focuses on the on-chain trading, clearing, and settlement of tokenized financial instruments. Dimitris is a co-author of two books on Digital Finance and Blockchain Economics. His professional and research work focuses on the financial economics of tokenization of value, market microstructure, and regulatory design.
May 29th 2025-
04.45pm -05.15pmFuture of payments: what stablecoins mean for corporate treasury
-
Day 2 ends
Light breakfast
Skills Session: Future-proofing your career: the human advantage in an AI-powered world
As AI continues to reshape industries, what sets you apart? In this hands-on skills session, Michelle Weise, author of Long-life learning: Preparing for jobs that don’t even exist yet, will help participants identify and articulate their unique human value in an era of automation.
Through discussions and small group exercises, you’ll reflect on the skills and experiences that make you indispensable in an AI-driven future. By the end of the session, you’ll create a personal statement answering: “In a world of AI, I stand out because…” and will leave with a clear vision of how to work together with AI in your future.
-
Michelle Weise
CEO
Long Life Learning Strategies
X
Michelle Weise
CEO
Long Life Learning Strategies
Dr. Michelle R. Weise (pronounced W-ice) is the author of “Long-Life Learning: Preparing for Jobs that Don’t Even Exist Yet” (Wiley, 2020). Her book was awarded the 2021 Phillip E. Frandson Award for Literature by UPCEA (University Professional and Continuing Education Association), recognizing the author and publisher of an outstanding work of continuing higher education literature. Thinkers50 named her one of 30 management and leadership thinkers in the world to watch in 2021.
Dr. Weise leads Rise & Design, an advisory service tailored for organizations seeking to design education and workforce strategies that will prepare working-age adults for the jobs of today and tomorrow. In the past, she has served as Vice Chancellor of Strategy and Innovation at National University System, Senior Advisor at Imaginable Futures, a venture of The Omidyar Group. She was also the Chief Innovation Officer of Strada Education Network as well as of Southern New Hampshire University. With Clayton Christensen, she coauthored Hire Education: Mastery, Modularization, and the Workforce Revolution (2014) while leading the higher education practice at Christensen’s Institute for Disruptive Innovation.
Her service work includes advising BrightHive, a data collaboration platform, the Virginia Economic Development Partnership, the Institute for Higher Education Policy (IHEP), the SkillUp Coalition, Basta, Hitch, Bayes Impact, Clayton Christensen Institute Social Capital R&D Project, and World Education’s Personal and Workplace Success Skills Library. She has also served as a commissioner for Massachusetts Governor Baker’s Commission on Digital Innovation and Lifelong Learning, Harvard University’s Task Force on Skills and Employability, and the American Academy of Arts and Sciences’ Commission on the Future of Undergraduate Education.
Her commentaries on redesigning higher education and developing more innovative workforce and talent pipeline strategies have been featured in The Economist, The Wall Street Journal, The New York Times, Harvard Business Review and on PBSNewshour.
Michelle is a former Fulbright Scholar and a graduate of Harvard and Stanford.
May 30th 2025
Networking
The networking breaks, held in the exhibition area, are your opportunity to dive deeper into new ideas sparked by the sessions with peers, industry leaders, and solution providers in a more informal setting. Maximise your time by booking one-on-one meetings in advance through the app.
AI challenge: finding solutions
Session hosted by:
Treasurers are at different stages of AI adoption in treasury processes, and many are curious about AI’s capabilities in improving operations. Whether an expert or a beginner with AI tools, the AI challenge is designed to test the power of AI applications in finding solutions to treasury challenges. Working in groups, treasurers will team up and collaborate to prompt several AI tools to provide strategic and practical suggestions and solutions to improve efficiencies in specific treasury processes. Each group will then feedback their methodology and solution to the moderator, who will summarise the findings.
-
Andrew Webster
Vice president of organizational innovation and transformation
ExperiencePoint
X
Andrew Webster
Vice president of organizational innovation and transformation
ExperiencePoint
Andrew Webster is a globally recognized innovation leader who helps organizations embrace what’s next—whether that’s building innovation capability, adopting new ways of working, or harnessing the potential of AI.
As Vice President of Organizational Innovation & Transformation at ExperiencePoint, he has spent over 15 years delivering high-impact programs for Fortune 100 companies, public institutions, and top universities in more than 40 countries. He has worked with over 10,000 professionals and taught in 20 of the world’s top 50 MBA and executive education programs.
Andrew is especially passionate about helping leaders prepare for the future of work through AI, human-centered design, and experiential learning. He has spoken for Training Industry, ATD, Chief Learning Officer, Training Magazine China, and at the DesignOps Summit, the Edison Awards, and most recently the 2025 SIOP Conference, where he co-led a hands-on session on integrating experiential learning, talent data, and generative AI to support more human-centered talent strategies.
Beyond the classroom and the stage, Andrew’s leadership extends into systems-level change and community impact. He serves as Chair of the Governance Committee for the West Toronto Ontario Health Team, where he champions smarter, more accessible healthcare systems. He also sits on the Board of African Women in Technology, advancing global equity and innovation. From innovation labs to boardrooms, Andrew brings global insight and a human-centered lens to shaping what’s next
May 30th 2025-
11.30am -01.00pmAI challenge: finding solutions
-
Lunch
End of conference
Registration Opportunities
Please submit the form and we will reach out to you with more information.
Thank you for showing interest in the event. We will reach out to you with more information on the registration process.
Download Brochure
Please submit the form and we will reach out to you with more information.
Thank you for showing interest in the event. We will reach out to you with more information on the registration process.