Agenda
You are viewing the 2023 agenda. The agenda for the next event, taking place in Copenhagen, will be published early in 2024.
Understand how treasury can play a strategic role amid economic uncertainty and debate how future trends such as bitcoin, Web 3.0 and AI will reshape the agenda.
Ongoing economic risks mean that protecting and maintaining cash and sourcing liquidity is the main challenge for treasurers. The core stream will focus on the art and science of cash management and liquidity provision. Our experts will discuss the financial and technical tools needed to protect against rising inflation and interest rates.
Moderated by:
Robert Novaria
Partner,
Treasury Alliance Group
Robert Novaria
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.
Treasury technology is rapidly advancing, often making current systems less useful or obsolete. Understand the current landscape, discuss which solutions are essential and which are “nice-to-have”, and get the tools to benchmark the solutions that will move you closer to an integrated treasury.
Moderated by:
Dan Blumen
Partner,
Treasury Alliance Group
Dan 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.
Optimising treasury for the new economic cycle can mean restructuring operations and reconfiguring teams. Leading treasurers will discuss practical case studies to help you identify the ideal treasury team and the best way to collaborate in a hybrid work environment.
Moderated by:
Adrian Rodgers
Senior EuroFinance tutor and director,
Arc Solutions
Adrian Rodgers
Senior EuroFinance tutor and director,
Arc Solutions
After qualifying as a Chartered Accountant, Adrian spent a number of years with IBM, in a variety of treasury and sales roles. Adrian was also part of the implementation team which created IBM International Financial Services, the European centralised treasury operation based in Dublin. Adrian then joined the newly created cash management consultancy team of Chase Manhattan Bank, with a brief to help create cash management solutions which matched the needs of customers’ underlying businesses and technology infrastructures. As a Director at PricewaterhouseCoopers, he specialised in managing change in the finance function, including re-engineering of corporate treasury. His current company is an independent consultancy providing advisory, design and implementation services to corporates and banks, on a variety of change-related issues within the finance function. Services include strategy development, process design, bank and vendor selection and project management. Clients include major corporations with a strong international focus.
In the current risk-off environment, it is essential that treasurers act as a custodian of cash and hedge against potential loss where necessary. However, the complexity of derivatives, forwards and futures in hedging instruments can be expensive and uncertain in a volatile pricing environment. Explore the application of risk controls in different market scenarios and evaluate strategies to preserve cash.
Get the tools to protect your treasury by managing organisational, structural and technological changes.
Amid economic uncertainty, treasurers need supporters and partners to collaborate to achieve greater resilience. Learn how leading treasurers have leveraged partnerships with financial institutions, fintech firms and internal stakeholders to build and implement treasury solutions.
Moderated by:
Simon Jones
Independent treasury expert
Simon Jones
Independent treasury expert
Simon has over 30 years of experience in finance, treasury and transaction banking across both developed and emerging markets. Simon was previously Chief Customer Officer at ClearBank and lead the client management, product & marketing teams at the UK’s first cloud based infrastructure clearing bank.
Prior to joining ClearBank in 2019, Simon spent over 20 years at JPMorgan. During his time at the bank, he was responsible for treasury solutions in EMEA, supporting clients around the world. He was also Head of Corporate Sales in EMEA from 2012 to 2015 and Asia Regional Executive for Treasury Services from 2006 to 2010, based in Hong Kong.
Simon is actively involved in UK FinTech as a Mentor for TechStars Accelerator programme.
Discuss the topics shaping the future of finance, such as crypto, CBDCs, Web 3.0, the metaverse, and diversity and inclusion at our new stage. Hear from early-adopters as well as technology experts about how these themes will be important in the near future.
The Innovation hub, located right on the exhibition floor, will showcase the emerging technology developed in response to the most pressing treasury challenges.
Registration and light breakfast
Conference welcome and opening remarks
Emma West
Managing director, EuroFinance and CPI
Emma West
Managing director, EuroFinance and CPI
September 27th 2023- 08:50am -9:00amConference welcome and opening remarks
Geopolitical compass: alternating polarities
Recent events have increased the polarisation of west and east, with the US and China locked in a state of mutual mistrust, not least over Taiwan and security issues. In between sits Europe uneasily pinned against Russian aggression in the Ukraine, whilst the Middle East states are the beneficiary of conflict, in energy and commodities. Africa, largely in debt to China and Europe, is in universal growth, whilst India is set to become the world’s largest fastest growing economy. The long-awaited opening up of China, 3 years after the pandemic, has begun to ease global supply chains, which is set to calm inflation and cool rising rates into 2024. Nations and their corporations have applied lessons from the crisis through the diversification and localisation of supply especially in food, energy and commodities in de-globalisation trends, yet how far these will impact global trade is still to be fully measured. As the ascendancy of China gathers pace, the polarity of geopolitical power will increasingly alternate.
Patrick Foulis
Foreign editor,
The Economist Group
Patrick Foulis
Foreign editor,
The Economist Group
September 27th 2023- 09:00am -9:45amGeopolitical compass: alternating polarities
Herman Van Rompuy
Former prime minister of Belgium and former president,
European CouncilHerman Van Rompuy
Former prime minister of Belgium and former president,
European CouncilSeptember 27th 2023- 09:00am -9:45amGeopolitical compass: alternating polarities
Herman Van Rompuy was elected as the first full-time President of the European Council in November 2009, taking office when the Lisbon Treaty came into force. In 2012, he was re-elected for a second term, running until November 2014. He is now professor at the universities of Leuven and Louvain, the College of Europe in Brussels and Sciences Po in Paris and he is the President of the European Policy Centre.
At the time of his first election, Herman Van Rompuy was Prime Minister of Belgium. Prior to that he had served in Belgium as Speaker of the House of Representatives (2007-2008) and in several government positions, including as Vice-prime Minister and Minister of Budget (1993-1999).
As former economist at the National Bank of Belgium, Herman Van Rompuy began his political career in 1973 as national vice-president of his party’s youth movement. He was president of the Flemish Christian Democrats (1988-1995) and Member of Parliament (1995-2009). Herman Van Rompuy was born in Etterbeek (Brussels) and is married to Geertrui Windels; they have four children and six grandchildren. He holds a Bachelor in Philosophy, and a Master in Economics from the university KU Leuven. In 2014, he was awarded the Charlemagne Prize (Internationale Karlspreis), Aachen. He was ennobled to Count in July 2015
Economy: global growth outlook positive as risks linger
Economic forecasts are predicting a bounce to 3 percent global growth in 2024, with emerging economies at 4.2 percent outperforming developed economies at 1.4 percent in the GDP growth league tables. The EIU forecasts US growth at 1.2 percent and China growth at 4.7 percent. Whilst optimists might see a more bullish return, and pessimists might see deeper uncertainty trends, there seems to be a growing consensus that inflation will return to pre-pandemic targets by 2025. Risks to derail growth include economic dynamics such as growing public sector debt, weaker asset prices and financial instability while geopolitical factors such as an escalation of the Russian war on Ukraine, climate change and disaster, and energy insecurity could also come into play. Calls for degrowth strategies to address sustainability, or the rise of AI to replace millions of human jobs, whilst clear trends, are not likely to move the growth needle much in either direction just yet. The economic data reads that the world has dodged recession and the global recovery is on track. Yet the world is not quite as it was and advanced markets are evolving just as emerging markets are transitioning. So, what do treasurers need to think about? Find out here.
Christian Odendahl
European economics editor,
The Economist Group
Christian Odendahl
European economics editor,
The Economist Group
September 27th 2023- 09:45am -10:30amEconomy: global growth outlook positive as risks linger
José-Luis Peydró
Professor of finance and deputy head of finance, Imperial College Business School
José-Luis Peydró
Professor of finance and deputy head of finance, Imperial College Business School
September 27th 2023- 09:45am -10:30amEconomy: global growth outlook positive as risks linger
Alexander Lehmann
Senior adviser, Independent Economics and non-resident fellow, Bruegel
Alexander Lehmann
Senior adviser, Independent Economics and non-resident fellow, Bruegel
Alex Lehmann is a Senior Adviser at Independent Economics, the London-based macro advisory firm and serves on the Sustainability Standing Committee of ESMA, the EU’s capital markets supervisor. He is also a non-resident fellow at Bruegel, the top-rated Brussels think tank, where he has worked on EU financial sector policies, sustainable finance, and crisis management. Following a distinguished career in international financial institutions he has advised numerous emerging market central banks, governments and multilateral and EU institutions.
Networking break I Sponsored by Deutsche Bank
Treasury strategy: powering competitiveness
Whether in positive global growth or recession scenarios, depending on your outlook, treasurers play a strategic role in the competitiveness of companies by driving efficiencies in the capital allocation and structure, and seeking optimal solutions in risk management and cash operations. The world’s leading treasurers discuss their strategic positioning and the contribution of treasury to the overall competitiveness of the business, with a look to navigating future growth, or recession scenarios, as the case may be.
Mack Makode
VP and treasurer,
Under Armour
Mack Makode
VP and treasurer,
Under Armour
September 27- 11:30am -12:30pmTreasury strategy: powering competitiveness
- 02:00pm -2:40pmIf you’re API and you know it, clap your hands!
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.
Mandana Sadigh
SVP and treasurer,
Mattel Inc.
Mandana Sadigh
SVP and treasurer,
Mattel Inc.
September 27th 2023- 11:30am -12:30pmTreasury strategy: powering competitiveness
Ms. Mandana Sadigh has been Senior Vice President and Treasurer of Mattel, Inc. since 2010. She is responsible for all aspects of global treasury operations, capital and investment policy, and global insurance and risk management. Mandana has 29 years of experience at Mattel in a variety of senior leadership roles, including SVP of Corporate Strategy and M&A (2000-2003), Divisional CFO of Mattel International (2003-2005), and SVP of Finance and Strategy (2005-2010). Prior to joining Mattel, Ms. Sadigh spent 8 years in the banking industry.
Ms. Sadigh serves as the chair of Mattel’s Administrative Committee, responsible for overseeing the company’s various retirement plans, health and welfare plans, as well as deferred compensation plan. She also serves as the chair of Mattel’s Political Action Committee (PAC) Advisory Board, and holds the position of the Treasurer of PAC. She is the President and Member of the Board of Directors of Far West Insurance Company, a subsidiary of Mattel, Inc. and is an active member of the Toy Association Investment Committee.
Ms. Sadigh holds a bachelor’s degree in economics and a master’s degree in business economics from the University of California in Santa Barbara.
Tony Masone
Vice president, treasurer,
Amazon
Tony Masone
Vice president, treasurer,
Amazon
September 27th 2023- 11:30am -12:30pmTreasury strategy: powering competitiveness
Tony leads Amazon’s Treasury and Risk Management organization, overseeing the teams responsible for Cash Management, Trading & Investments, Capital Markets, Control, Global Risk Management and Claims, Internal Audit, Denied Party Screening, and Treasury & Risk Technology. Prior to joining Amazon, Tony worked at General Electric for 17 years, managing treasury functions for commercial real estate, commercial finance, and global banking before being promoted to Industrial Treasurer, where he oversaw treasury functions for GE’s seven largest operating units: aviation, medical, power, gas and oil, rail, appliances, and lighting. He has also worked at KPMG, PepsiCo, Air Express International, and Kraft Foods Group.
Tony takes a modern approach to Treasury and Risk Management, and is passionate about creating new technology that reduces repetitive manual tasks and promotes automated, scalable processes and innovation. Tony has a BS in Accounting from Roger Williams University and a MBA from the University of New Haven. When he’s not building the digital Treasury and Risk Management organization of the future, you can find him refereeing soccer for disabled youth, cooking Italian feasts for his family, and trying to keep his chocolate lab Gatsby from interrupting his video calls.
Moderated by:
Robert Novaria
Partner,
Treasury Alliance Group
Robert Novaria
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.
Lunch
Managing liquidity and working capital in an inflationary environment
Managing working capital in the business without additional borrowing is a core focus now as rates continue to rise. Optimising existing liquidity and liquid assets to generate working capital where required in the business is an area of intense focus for many treasurers. In inflationary environments, where receivables might increase in value but decrease in volume, optimising and accelerating cash cycles for working capital also is an option. In this session, treasurers discuss their strategies to facilitate a greater flow of working capital and identify opportunities to release sources of liquidity to areas of the business at the point of need.
Bruno Saraiva
Head of group financing, Forvia
Bruno Saraiva
Head of group financing, Forvia
September 27th 2023Bruno joined FORVIA in 2017 as Treasury Manager in South America – Brazil and moved to France (FORVIA HQ) in 2019. He is now responsible for banking relationships, financing and working capital solutions at group level.
Throughout his career, Bruno has developed extensive experience in liquidity solutions and working capital optimization.
Prior to his current role, he worked at Renault and Philip Morris leading treasury and controlling activities.
He has 14 years finance experience at multinational companies, 4 years of corporate treasury experience and currently based in France.
Eugenio Cavenaghi
Head of working capital advisory and structured trade, Europe,
Santander
Eugenio Cavenaghi
Head of working capital advisory and structured trade, Europe,
Santander
September 27th 2023
Treasury flexibility: adapting to business change
As the economic cycle turns and companies restructure, the treasury might find itself in the midst of business change, in terms of new business lines and products, either through organic growth or acquisition. As new revenue flows and new order to cash processes commence, the treasury needs to adapt and embed in new business lines. The process involves a collaboration of treasury and business in a mutual understanding of functions, stakeholders, products and for treasury, how cash is optimally collected, distributed and held or invested, as well as the ongoing liquidity and working capital needs of the new enterprise. In this session treasurers discuss the processes they put in place to onboard new business into the treasury functions and adapted treasury to accommodate business change.
Han Hoestra
VP, treasury,
Prologis
Han Hoestra
VP, treasury,
Prologis
September 27th 2023- 02:00pm -2:40pmTreasury flexibility: adapting to business change
Han Hoestra has a background in Treasury Management for over 30 years as Cash Manager, Treasury Consultant and Treasurer, servicing a range of corporates, financial institutions and non-profit organizations. He joined Prologis in 2012 and oversees treasury operations for Europe and Asia. In his role Han was leading or involved in several projects or transitions, like a Pan-European roll-out of new cash management banks, introduction of Inhouse Banking, implementation of FX and interest risk management for Prologis and funds managed.
Edwin Koopmans
Corporate treasurer, Zalando SE
Edwin Koopmans
Corporate treasurer, Zalando SE
September 27th 2023- 02:00pm -2:40pmTreasury flexibility: adapting to business change
John Colleemallay
Senior director, group treasury and financing, Dassault Systèmes
John Colleemallay
Senior director, group treasury and financing, Dassault Systèmes
September 27th 2023- 02:00pm -2:40pmTreasury flexibility: adapting to business change
Moderated by:
Nicholas Franck
EuroFinance Tutor
Nicholas Franck
EuroFinance Tutor
September 27th 2023- 04:00pm -4:40pmEmbedding ESG metrics in treasury operations
Nick is a treasury professional with over 30 years’ global experience in Treasury, Banking and Consulting. He studied Engineering at university and specialised in computing during his final year. His earliest jobs were hands-on with technology, building a dealing desk information management system and implementing a treasury management system. His responsibilities have grown since then to include technology strategy and implementation management whilst still remaining hands-on. He has been responsible for buying and implementing treasury technology, designing processes and controls, and maintaining and upgrading all of these over time. Examples include straight-through-processing integration with banks and advanced reporting tools. In addition, Nick has worked on non-treasury projects. These have given him practical knowledge of technology integration across business silos, which is now particularly relevant for cash forecasting, real-time reporting and dashboards. Nick’s combination of Treasury and business expertise, knowledge of technology, and deep interest in the subject make him an ideal tutor for this treasury technology course.
If you’re API and you know it, clap your hands!
Some treasurers say, that APIs are happiness, because they make everything work together; disparate and unconnected treasury systems come to life in unison. Other treasurers think APIs are something of a distraction, because it is possible to run treasury management applications on ERP systems and so the need to connect TMS applications or run scripts for new solution software bolt ons, is a resource intensive technology transformation project. Questions over what to buy, what to build, and how to connect occupy too much treasury time, at a time when investments and resources are stretched. So which treasurers are API happy, and who are not? In this session we run the pros and cons of building and connecting treasury systems using APIs.
Javier Orejas
Global head of banking, IATA Pay
Javier Orejas
Global head of banking, IATA Pay
September 27th 2023- 02:00pm -2:40pmIf you’re API and you know it, clap your hands!
Javier holds a Master’s degree in Law and business administration from the Complutense University of Madrid. A Pre-Doctorate in Law, MBA from ICAI/ICADE and a Master’s degree in finance and banking direction from AFI. In his current role as Global Head of Banking and IATA Pay at IATA (International Air Transport Association), Javier is responsible for designing and leading new cash management and payments solutions which support airlines’ financial health and enables IATA to make its financial services cheaper, faster and safer. Prior to IATA, Javier held various positions at Accenture in the area of strategic banking consulting.
Kelvin Brace
Group head of MNC sales, global transaction services, DBS
Kelvin Brace
Group head of MNC sales, global transaction services, DBS
September 27th 2023- 02:00pm -2:40pmIf you’re API and you know it, clap your hands!
Mack Makode
VP and treasurer,
Under Armour
Mack Makode
VP and treasurer,
Under Armour
September 27- 11:30am -12:30pmTreasury strategy: powering competitiveness
- 02:00pm -2:40pmIf you’re API and you know it, clap your hands!
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.
Felix Meyer
Treasury technology and IS, head,
ABB
Felix Meyer
Treasury technology and IS, head,
ABB
September 27th 2023- 02:00pm -2:40pmIf you’re API and you know it, clap your hands!
Felix’s experience in treasury technology and cybersecurity goes beyond his qualifications as a certified information systems security professional (CISSP). Next to organizing repeated training sessions for Treasury employees in cybersecurity topics stressing awareness and being actively involved in
SWIFT CSP audits, as a treasury technology specialist, he often must challenge fintechs on the maturity of technology solutions from a security and controls perspective.
After working as an asset liability manager in a small Swiss bank, Felix Meyer’s background in Treasury started as a financial consultant implementing Treasury management solutions for large corporate clients at the solution provider Trema Treasury Management Systems (now ION/WallStreetSystems). This experience led him to join the corporate Treasury department of the Swiss/Swedish corporate ABB, where he was responsible for both technical and business sides of the treasury management solution, including database maintenance and contributing technical expertise to the internal development. His skillset expanded into project management, where he led several successful upgrades of the treasury management system. In his latest position as Treasury IS Manager, next to his role as a portfolio project manager of ongoing treasury implementations (such as the implementation of SAP S4-HANA IHC or a new TMS solution), he helps guide the treasury technology decisions in the areas of insurance/captive/trade finance /treasury operations, moving forward in the treasury digitalization journey.
His background includes certifications in Treasury (ACT), project management (PMP), product management (certified scrum product owner) and technical areas (SQL server administration, Azure fundamentals) and serves as associate chairman of the Swiss SWIFT Corporate Association.
Managing treasury risk management programs in today’s macroeconomic environment
Now more than ever, the treasury function plays a critical role in overall corporate strategy given recent hawkish central bank activity around the world. As global interest rates rise and countries worldwide fight inflationary pressures, organisations face unprecedented challenges in how to efficiently mitigate risk. In this panel, senior treasury leaders from Polaris Inc., and JBT Corporation will discuss how they effectively operate and measure large-scale FX and commodity risk management programs, automate complex accounting processes across both GAAP and IFRS reporting standards, and communicate results to key stakeholders through analytics and business intelligence reporting.
Amol Dhargalkar
Managing partner, chairman,
Chatham Financial
Amol Dhargalkar
Managing partner, chairman,
Chatham Financial
September 27th 2023Eric Frankberg
Director, assistant treasurer,
Polaris Inc.
Eric Frankberg
Director, assistant treasurer,
Polaris Inc.
September 27th 2023Sherri Nicole Speaks
Assistant treasurer,
JBT Corporation
Sherri Nicole Speaks
Assistant treasurer,
JBT Corporation
September 27th 2023
What does the modern treasury team look like now?
It might be nostalgic to look at the traditional treasurer as a financial controller, and as that definition is not always accurate, speaks to the multi-faceted nature of the treasury function; at once cash custodian, risk manager and forecaster, technician and accountant, and more recently strategic influencer, the treasurer wears many hats, and needs an array of skills, expertise and support in the modern treasury. So what does a modern treasury team look like today? What is the ideal composition of skills and talents in financial and technical areas? When building out a treasury team, what are the essential characteristics and attributes that the next generation of treasury need to have? To answer these questions, recent treasury builders discuss how they designed and evolved the modern treasury team.
Sharyn Tan
Global head of cash management,
PayPal
Sharyn Tan
Global head of cash management,
PayPal
September 27th 2023- 02:00pm -2:40pmWhat does the modern treasury team look like now?
James Kelly
Group treasurer,
Pearson
James Kelly
Group treasurer,
Pearson
September 27- 02:00pm -2:40pmWhat does the modern treasury team look like now?
- 11:50am -12:30pmAI forecasting: It’s still about the ROI
James is responsible for treasury, risk management and insurance at Pearson, the world’s leading learning company, including management of the group’s debt portfolio, interest rate swap hedging portfolio and foreign exchange risks.
Throughout his career, James developed extensive experience in capital markets redemptions, bond issuance including an ESG-linked bond that got recognised as deal of the year by the Association of Corporate Treasurers, FX risk management strategy, financing and derivatives portfolio management, acquisition, working capital initiatives, and has designed many treasury policies and strategies.
Previously he worked for Rentokil, Associated British Ports and Sky. He holds a Masters Degree in Economics from the University of St Andrews.Antonio Lorusso
Treasury manager, Technogym
Antonio Lorusso
Treasury manager, Technogym
September 27th 2023- 02:00pm -2:40pmWhat does the modern treasury team look like now?
Moderated by:
Paul Greenhalgh
Head of UK and Ireland corporate and e-commerce sales,
J.P. Morgan Payments Paul Greenhalgh
Head of UK and Ireland corporate and e-commerce sales,
J.P. Morgan PaymentsPaul Greenhalgh is a Managing Director within J.P. Morgan Payments, where he leads the UK & Ireland and Payments Corporate & e-Commerce Sales team. Paul has been working in banking for 21 years, and he began his career in 2001 as a Graduate at the Royal Bank of Scotland. Paul then moved into Treasury Sales at Bank of America Merrill Lynch where he spent 10 years and became the Head of Treasury Sales, U.K. and Ireland. Paul then moved to Deutsche Bank as a Sales Director covering U.K. and multinational clients for their international Cash and Liquidity Management needs. Paul joined J.P. Morgan in March 2018 and shortly became Head of Treasury Sales U.K. and Ireland. Paul took the role of Head of Payments & e-Commerce Sales for UK & Ireland in 2022. Paul is Cert ICM qualified, holds a BA (Hons) in Politics & Modern History from the University of Manchester and a Master’s degree in Management.
Always on: Treasury services on time
24/7 treasury is the expectation of multinational corporations working across global time zones, with automated capability that offers the quickest, optimal and most efficient execution of essential cash and liquidity management functionality. The always on connected treasury is responsive to real time risk, from rate moves, to FX spots and hedging, to cash account visibility, sweeping and pooling, intraday on-demand netting and forecasting. This is treasury execution timing in sync with the need. So just how achievable or necessary is the always on treasury? What is required to set the clocks and metronome to the treasury movements? In this session banking partners discuss how they work with the treasurer to create always on services.
Mila Harger
Head of digitisation,
BAT
Mila Harger
Head of digitisation,
BAT
September 27th 2023- 02:00pm -2:40pmAlways on: Treasury services on time
Bruce Meuli
Advisory executive,
Bank of America
Bruce Meuli
Advisory executive,
Bank of America
September 27th 2023- 02:00pm -2:40pmAlways on: Treasury services on time
Susana Aristizabal
eBay treasury international,
eBay
Susana Aristizabal
eBay treasury international,
eBay
Susana joined eBay in 2020 where she leads the Treasury team responsible for Cash Management and Payments for markets outside of the US. Susana has over 20 years of professional experience in all aspects of Treasury in large multinationals holding leadership positions. She is recognized for process improvements and change management, having implemented several transformation projects in her career. Besides Corporate Treasury, Susana has also worked as Teacher and Consultant.
Susana is an International Business graduate from McGill University, an M.B.A from HEC Montreal, and Certified Treasury Professional C.T.P. by the Association of Financial Professionals.
Rebecca Hirschboeck
Assistant treasurer,
The Kraft Heinz Company
Rebecca Hirschboeck
Assistant treasurer,
The Kraft Heinz Company
September 27- 02:00pm -2:40pmAlways on: Treasury services on time
- 09:00am -9:40amNew ways of working: the nomadic treasurer
Fintech partnerships: client as collaborator in FX and cash management solutions
When bringing in a new fintech solution to treasury operations, there are several options. Some treasurers will work directly with fintechs, whilst others prefer to work with fintechs through their banking partners. If the solution requires an internal API build, then technical consultants and internal systems architecture leads in the collaboration. Some banks might have solutions that work as well as external fintech applications and TMS vendors might also have add-on functionality that performs equally well. In all these cases, the treasurer works with internal and external stakeholders to test and evaluate the effectiveness of fintech solutions and how the solution can best be integrated. In this session we hear from Global beauty and skincare firm L’Occitane Group how they partnered with a technology firm to remove manual processes from its FX management. This has created a more efficient and secure process while freeing up treasury to enhance hedging strategies.
Quentin Jarret
Front office treasurer, L’Occitane
Quentin Jarret
Front office treasurer, L’Occitane
September 27th 2023François Masquelier
President,
EACT
François Masquelier
President,
EACT
September 27th 2023
Conference breaks into streams
Delegates can choose between 6 streams and The Future Focus Stage. Please see the tabs at the top of this page.
AiVidens
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Don’t miss this opportunity to gain knowledge that will help you contribute to the financial well-being of your company
Edouard Beauvois
CEO,
AiVidens
Edouard Beauvois
CEO,
AiVidens
September 27th 2023- 02:00pm -2:20pmAiVidens
DeftHedge
Session outline TBC
Alexandre Brossollet
Chief operating officer,
DeftHedge
Alexandre Brossollet
Chief operating officer,
DeftHedge
September 27th 2023- 02:20pm -2:40pmDeftHedge
Financing, refinancing and the impact of rising rates: revolvers and alternatives
As the cost of capital increases with each Fed or ECB rate hike, the options to source financing in bank and bond markets look less attractive. Not surprising then that loan refinancing dropped 36% in the US last year to US$345bn. Yet for companies that have revolver loans and require refinancing, or need new financing, alternative sources of debt liquidity provision at scale and volume, or at lower cost of capital, are scant. In this session treasurers, CFOs and banking partners discuss strategies for loan refinancing and alternative liquidity strategies to manage capital requirements in the treasury and business.
Giuseppe Amodio
Group VP, co-head of treasury, corporate and global markets, STMicroelectronics
Giuseppe Amodio
Group VP, co-head of treasury, corporate and global markets, STMicroelectronics
September 27th 2023Giuseppe is Group VP and Co-Head of Treasury in the STMicroelectronics headquartered in Geneva.
With 20+ years of treasury experience, he worked in different industries before joining STMicroelectronics in 2006. After various senior roles in the corporate treasury department, he became Co- Head in 2021 with the responsibility of financial risk management, all financing sources including capital markets issuances, liquidity investments, corporate finance and corporate banking. He also led the implementation of a TMS and now working on modernizing the cash management for the entire group.
Sayan Mukherjee
VP treasurer,
Nexperia
Sayan Mukherjee
VP treasurer,
Nexperia
September 27th 2023
New B2B Marketplaces and digital payments: upgrading supply chain efficiency
More and more, businesses are looking to expand online operations with B2B transactions. These platforms, supported by banks, streamline payments, compliance, and financing. They’re changing how trade and finance work, even in traditional industries. By collaborating with banks, businesses are improving payment processes within these platforms, boosting efficiency in working capital and cash management. In this session, we will explore how Covento by Vestas, in partnership with Citi, is transforming the renewable energy industry with a unique B2B marketplace with a user-oriented approach, and how these marketplaces can also reshape supply chains, customer and supplier behaviors, and even spark new business opportunities.
Thomas Light
Europe trade sales head, trade and working capital solutions,
Citi
Thomas Light
Europe trade sales head, trade and working capital solutions,
Citi
September 27th 2023Thomas Farran
Head of payments,
Covento by Vestas
Thomas Farran
Head of payments,
Covento by Vestas
September 27th 2023Frederico Jose Homs Ricci
Head of delivery experience and aftersales,
Covento by Vestas
Frederico Jose Homs Ricci
Head of delivery experience and aftersales,
Covento by Vestas
September 27th 2023
Payments of all kinds - achieving platform perfection
When treasurers talk of payments transformation, there are words that light up eyes and bring music to ears. Interoperability, standardisation, automation, connectivity, centralisation, systems compatibility, transparency, workflow and compliance are all critical components in the synchronicity of payments perfection. The antithesis is a patchwork of platforms and portals that work for some but not all kinds of payments, and that is often the starting point of the transformation journey. Treasurers are faced with the choice of looking for internal technical help and support in payment systems rebuild, or launching an RFP for a solution to meet their platform requirements. Yet finding a multilayered interoperable solution, with built in fraud prevention, risk mitigation, compliance compatibility, as well as multi account, multi rail, and cash reporting capabilities is a challenging and intensive process. In this session we hear from Boehringer Ingelheim on the journey their treasury team took towards payments transformation, the challenges they overcame and the partnership they developed with TIS, to achieve a perfect platform to deliver payments of all kinds on a global scale.
Stefan Eckart
Senior manager corporate treasury,
Boehringer Ingelheim
Stefan Eckart
Senior manager corporate treasury,
Boehringer Ingelheim
September 27th 2023- 02:40pm -3:20pmPayments of all kinds - achieving platform perfection
Stefan Eckart is Senior Manager Corporate Treasury at Boehringer Ingelheim responsible for the strategic Cash Management of the Group. He holds a Master degree with the focus on Finance and Controlling from the University of Applied Sciences Mainz. During his 15 years’ experience he held several positions within the Treasury organization of Boehringer Ingelheim (Front-, Middle- and Back Office).
His main focus is the interaction and cooperation with banking relationships as well as the definition and optimization of global Cash Pooling structures.
The recent success was the consolidation of the group’s cash management activities into a centralized payment platform including reporting, sanction screening and fraud prevention.
Additionally he hosts the governance function for the integration of the groups legal entities into one Payment- and Collection Factory.
Eric Humbert
Corporate treasury, Boehringer Ingelheim
Eric Humbert
Corporate treasury, Boehringer Ingelheim
September 27th 2023- 02:40pm -3:20pmPayments of all kinds - achieving platform perfection
Jörg Wiemer
Co-founder and chief strategy officer (CSO),
Treasury Intelligence SolutionsJörg Wiemer
Co-founder and chief strategy officer (CSO),
Treasury Intelligence SolutionsSeptember 27th 2023- 02:40pm -3:20pmPayments of all kinds - achieving platform perfection
Jörg Wiemer, MBA, is co-founder and CSO of TIS. Jörg draws on more than 20 years of experience in the treasury and corporate finance area, with his most recent previous appointment being Senior Vice President and Head of Global Treasury at SAP AG, where he and his team were responsible for international treasury management.
Moderated by:
Nicholas Franck
EuroFinance Tutor
Nicholas Franck
EuroFinance Tutor
September 27th 2023- 04:00pm -4:40pmEmbedding ESG metrics in treasury operations
Nick is a treasury professional with over 30 years’ global experience in Treasury, Banking and Consulting. He studied Engineering at university and specialised in computing during his final year. His earliest jobs were hands-on with technology, building a dealing desk information management system and implementing a treasury management system. His responsibilities have grown since then to include technology strategy and implementation management whilst still remaining hands-on. He has been responsible for buying and implementing treasury technology, designing processes and controls, and maintaining and upgrading all of these over time. Examples include straight-through-processing integration with banks and advanced reporting tools. In addition, Nick has worked on non-treasury projects. These have given him practical knowledge of technology integration across business silos, which is now particularly relevant for cash forecasting, real-time reporting and dashboards. Nick’s combination of Treasury and business expertise, knowledge of technology, and deep interest in the subject make him an ideal tutor for this treasury technology course.
Avallone ApS
Transform your KYC: how technology and expertise can elevate Enterprise Know-your-customer programs. Know-Your-Customer (KYC) and Know-Your Business (KYB) processes are crucial for corporations and financial institutions of all sizes, but it is very often a major frustration for everyone involved: compliance, legal, treasury and more. How can technology and outside guidance not only alleviate pain but help strengthen processes? Join this session for insights and trends on KYC and how the right tools and services can help achieve an optimal KYC program.
Anders Meinert Jørgensen
CEO/co-founder,
Avallone
Anders Meinert Jørgensen
CEO/co-founder,
Avallone
September 27th 2023- 02:40pm -3:00pmAvallone ApS
Anders Meinert Jørgensen has been in corporate banking and leading compliance divisions for +20 years for the largest Nordic banks. Currently, he’s the CEO/Co-founder of Avallone.
Agents of Change: Recognising the treasurers of tomorrow
Celebrate and help give a voice to a new class of treasurers who are leading transformation within their organisation and the broader industry. Hear fresh ideas and how the next generation of treasurers are pushing the boundaries of our industry.
Nicolas Panayi
Group treasurer,
OSM Thome
Nicolas Panayi
Group treasurer,
OSM Thome
September 27th 2023- 02:40pm -3:20pmAgents of Change: Recognising the treasurers of tomorrow
Embedding diversity and inclusion into treasury teams and operations
D&I has risen to the forefront of hiring in recent years, in recognition of the benefits a diverse workforce and team can bring to the development of organisations and products, and to reflect the markets and communities that companies serve. In terms of gender and race and socio-economic backgrounds, diverse workforces bring creativity and dynamism away from traditional and limiting groupthink. In ESG too, the emphasis on social inclusion in supply also promotes diverse sourcing of services. How this is applied in treasury manifests in the composition of the team and the approaches that a diverse workforce brings to solutions in treasury management. Here we discuss the practice of diversity in treasury and the benefits for the business.
Johanna Hyttinen
Deputy head of global treasury,
Unilever
Johanna Hyttinen
Deputy head of global treasury,
Unilever
September 27th 2023Adesola Orimalade
Independent treasury professional
Adesola Orimalade
Independent treasury professional
September 27th 2023Adesola Harold Orimalade is a transformational, purposeful, and highly accomplished C-Level executive with more than 25 years of broad experience spanning business, finance and operation across various industries including banking, retail, telecommunication, renewable energy, as well as travel and tourism industries. In the different Treasury leadership roles, he has held, Adesola played a vital role in introducing initiatives and processes to advance systems, protocols, policies, risk and compliance, and overall infrastructure to ensure core areas of the organization met best-in-class standards for increasing efficiencies and reducing cost.
Throughout his career, he has built a reputation as an innovative thinker committed to leading business operations and processes, overseeing risk management, and driving organizational change to enable record-breaking growth.
An inspirational leader who takes pride in developing people, Adesola has a successful record in upskilling members of his team, expanding their skill sets, supporting their progression and he has run treasury and transactional finance career events with a couple of European universities.He also volunteers for the causes he cares about and currently sits on the board of Citizens’ Advice Redbridge. An acclaimed global speaker, author, and podcaster. His recent works include the children’s book “Grandpa’s Shoes” and the anthology “Lessons Life Has Taught Me,” both garnering praises. He hosts the podcast “Stories Unpeeled,” now streaming on Spotify.
Franca Aeby
Senior cash manager,
Roche
Franca Aeby
Senior cash manager,
Roche
September 27th 2023Franca Aeby has been working at Roche since 2014 where she first joined the Treasury back office department and has since then held various roles of increasing responsibility within Treasury as well as international assignments in Finance business partnering. Since 2017 she is working in Treasury Operations as a Senior Cash Manager, overseeing Middle East & Africa and is responsible for the Group’s short term liquidity planning. Franca Aeby holds a master degree (MSc) in business and economics from the University of Basel, Switzerland.
Moderated by:
Debbie Kaya
Senior director of treasury,
Cisco Systems, Inc.
Debbie Kaya
Senior director of treasury,
Cisco Systems, Inc.
September 27th 2023- 04:40pm -5:20pmTreasurer as influencer - the ascent of the strategic treasurer
Debbie is the Global Cash and Operations Director for Cisco Systems, Inc. based in San Jose, California. She is responsible for the Global Cash Management, investment and defined contribution (401k) operations as well as Global Stock Plan Services and M&A Payroll/Stock. Debbie joined Cisco in 1999 and has held various roles throughout Cisco’s Finance Organization. She has worked in Sales Finance FP&A, Supply Chain Finance, and Treasury.
In addition to working at Corporate Head Quarters in San Jose, Debbie worked within the Investment Operations team in Reno, Nevada and was the EMEA Cash Manager and acting APAC Cash Manager based in Amsterdam, The Netherlands.
She has more than 25 years of experience in the technology industry. Debbie holds a Bachelor of Science from The University of California, Los Angeles and a Masters in Business Administration from the Kelley School of Business at Indiana University.
The irresistible rise of API technologies in treasury: fails to success
At a basic level, APIs just enable different systems to exchange information by unifying data formats, yet the cumulative impact of the technology when applied through treasury systems can be transformative. From connecting multiple ERPs to TMS systems, to extending forecasting and payments systems, the humble API takes on superpowers. Getting APIs structures aligned, and deciding whether to buy or build APIs, often the latter, are critical systems design choices that the treasurer now faces. Wearing the ‘tech hat’ and in collaboration with systems architecture colleagues, the treasurer is integral to the API project. Given the regulatory controls of data sharing and transfer, the API project is also subject to compliance scrutiny. For this session, we hear from treasurers who have managed API implementations and come fresh with stories of journey fails to success.
Ciaran Walsh
Head of international sales,
Goldman Sachs Transaction Banking
Ciaran Walsh
Head of international sales,
Goldman Sachs Transaction Banking
September 27th 2023Per Christian Lindgård
Head of cash management,
Norsk Hydro
Per Christian Lindgård
Head of cash management,
Norsk Hydro
September 27th 2023Per Christian Lindgård is currently heading the Cash Management team in the treasury department of Norsk Hydro with responsibility for the global cash and payment infrastructure and the in-house bank operations. He has a broad international experience from various management roles within commercial, risk management and finance areas since he joined the Aluminium trading business of Hydro in 1995. Prior to joining Hydro, he worked in the power production industry. Per Christian is a Norwegian national with a BS degree in finance from Agder University, Norway and an MBA in International Finance and Management from Middlebury Institute, Monterey, California.
Bruce Edlund
Group director, assistant treasurer,
Cloud Software Group
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.
Putting capital to work and managing ratings for liquidity risk
Borrowing, especially in leveraged scenarios, carries the risk of ratings downgrades which can increase the cost of capital and so it is not surprising that all liquid sources of capital and cash on balance sheet are put to work before increasing borrowing. Working capital management has become front and centre in treasury activity as the hiking of interest rates puts the brakes on borrowing. Tools to track working capital and hunt down and free trapped pools of liquidity, like sniffer dogs roaming accounts, have been let loose. In this session treasurers who have rounded up hidden pockets of capital and put cash to work for the business share their experiences.
Daniel Duriancik
EMEA regional treasurer,
3M
Daniel Duriancik
EMEA regional treasurer,
3M
September 27th 2023- 02:40pm -3:20pmPutting capital to work and managing ratings for liquidity risk
Daniel is the EMEA Treasurer for 3M and is also leading their Global in-house bank based in Dublin, Ireland. As part of these roles, he is responsible for international cash liquidity strategy, investments, FX risk management, the relevant trade and hedging strategy execution and 3M’s Global intercompany lending, netting and payment on behalf programs.
Prior to joining 3M, Daniel has led the build out and the expansion of AIG’s Dublin Treasury Centre as their International Assistant Treasurer which resulted in the creation of a centralised Global Treasury Operations and Treasury technology function. Daniel has also focused on managing core Treasury and Technology processes across various roles and locations at Dell Technologies, Dell Bank and Citibank with attention to process transformations and technology innovation.
Moderated by:
Damian Glendinning
Chairman of the advisory board,
CompleXCountries
Damian Glendinning
Chairman of the advisory board,
CompleXCountries
Komgo
Session outline TBC
Networking break I Sponsored by Goldman Sachs
Networking break I Sponsored by Goldman Sachs
Networking sponsor
Societe Generale is one of the leading European financial services groups, determined to serve its clients with the three defining features of its wholesale banking business: strong, long-lasting client relationship, a pioneering spirit and responsible solutions. With the strength of its values, recognised expertise and distinct company culture built on over 150 years of history, Societe Generale mobilises its teams to offer a comprehensive range of innovative solutions to help corporate and financial institutions accomplish their goals and leverage their potential. Through its Global Transaction Banking offering, Societe Generale provide services related to domestic and international payments, liquidity management, financing, international trading activities, factoring and supply chain finance. In addition, our clients benefit from the investment bank specialists, recognised worldwide for their expertise, and from our international network with a presence in more than 50 countries. Combined with our in-depth knowledge of local markets, we can provide world-class bespoke solutions.
Networking break I Sponsored by Goldman Sachs
Networking break I Sponsored by Goldman Sachs
Networking break I Sponsored by Goldman Sachs
Networking break I Sponsored by Goldman Sachs
Networking break I Sponsored by Goldman Sachs
Cash management, pooling and avoiding traps in global markets
In current markets, the need to manage cash and ensure that cash is in the right place at the right time is paramount. Sweeping cash from global and local accounts, pooling cash, depositing surplus cash overnight on account or in and out of liquid funds, and then moving cash to the point of need is all in a day’s work for the treasurer. In domestic markets and countries, the process can be limited by inefficient account management systems and manual processes that are increasingly being automated. In global operations, this process is fraught with obstacles, including foreign exchange controls, hard currency limits and shortages, and cash repatriation restrictions, where companies need to manage local currency operations. In this session treasurers discuss the challenges of cash management in global operations and the tools that are helping mobilise cash to where it is needed in the business.
Hans Dunnik
Treasury manager EMEA, Abbvie
Hans Dunnik
Treasury manager EMEA, Abbvie
September 27th 2023- 04:00pm -4:40pmCash management, pooling and avoiding traps in global markets
Hans has 20 years of finance experience in the healthcare and banking industry, with the past 9 years in corporate treasury management at AbbVie.
He is currently responsible at AbbVie for Treasury Management for the EMEA region at the regional treasury center located in the Netherlands.
Prior AbbVie, he worked as interim finance professional for Randstad (Yacht) and in various finance controlling roles at Rabobank and Abbott Laboratories.
Hans holds a bachelors degree in Business Economics, a pre-masters degree in Managerial Controlling.
Next to that, Hans is a registered Financial Controller and holds a Certificate in Treasury from the Association of Corporate Treasurers.
Nicolas Murat
Director cash management and treasury systems,
Carrefour
Nicolas Murat
Director cash management and treasury systems,
Carrefour
September 27- 04:00pm -4:40pmCash management, pooling and avoiding traps in global markets
- 02:00pm -2:40pmCash forecasting 2.0: evolution to liquidity planning
Marc Andre Mohn
Director corporate treasury,
Adidas
Marc Andre Mohn
Director corporate treasury,
Adidas
September 27th 2023- 04:00pm -4:40pmCash management, pooling and avoiding traps in global markets
Michael Lenaerts
Director, treasury and assistant treasurer,
Dana Incorporated
Michael Lenaerts
Director, treasury and assistant treasurer,
Dana Incorporated
September 27th 2023- 04:00pm -4:40pmCash management, pooling and avoiding traps in global markets
Michael has 20 years of experience in corporate treasury management in the automotive industry.
He is currently Assistant Treasurer at Dana Incorporated, responsible for EMEA treasury operations, global funding, supply chain financing activities and capital market transactions
Prior to Dana Inc, he was European Treasurer at International Automotive Components Group.
Michael holds a master’s degree in Commercial Engineering, he is a CFA Charterholder and a Chartered Global Management Accountant.
Treasurer as strategic leader: managing business change in a complex world
The rise of the treasurer to strategic leader has been propelled by the growing importance of treasury functions through the recent periods of market disruption, regulatory change and business uncertainty. From the pandemic through to the current rate environment, the role of the treasurer in managing cash and capital has given prominence to the essential role that treasury plays in underpinning and supporting business activity through change. The emergence of advanced technologies leveraging data and intelligence are opening new possibilities for the modern day treasury – unleashing the ability to inform cash and payments operations – across supply chains, across borders, and in working capital and liquidity management. Set against this backdrop, banks can be more than just the cash vehicle to a corporate’s treasury team – they are becoming critical enablers in empowering the transformation of the treasury by providing the value-added technologies needed to champion this change. In this session we hear from treasury leaders on the changing role of treasurers, weighing the catalysts, opportunities and challenges facing corporate treasurers on the road ahead.
Brooke Di Natale
SVP and head of product for global treasury solutions,
Mastercard
Brooke Di Natale
SVP and head of product for global treasury solutions,
Mastercard
September 27th 2023Royston Da Costa
Assistant treasurer,
Ferguson plc.
Royston Da Costa
Assistant treasurer,
Ferguson plc.
Royston Da Costa has over 34 years’ experience working in treasury. He joined Wolseley, now Ferguson Group, in April 2002, and was responsible for managing the group’s daily debt and cash requirements.
In 2010, Royston was given the responsibility for driving the automation of Treasury’s processes at Ferguson, which led to the implementation of their current treasury management system in 2015, a cloud-based solution by Coupa.
He was promoted to assistant group treasurer in November 2016, and was made responsible for the middle office, and in November 2019 assumed responsibility for the Front Office. He continues to drive forward the group’s strategy on treasury technology.
Today, Ferguson use 13 cloud based solutions and most of their processes are automated.
Royston previously worked at Sky, Gillette, PolyGram, Seagram, and Vivendi Universal.
Ferguson won the 2020 BELLIN (now part of Coupa) Champions Award for “Best Practice”.
Royston also won the Adam Smith award on behalf of Ferguson for the “Best Cyber-Security Solution” in 2019.
Ferguson won the Corporate Recognition Award for “Future proofing Treasury” at the 2018 TMI Awards for Innovation and Excellence.
Dave van der Zwan
Head of treasury,
CM.com
Dave van der Zwan
Head of treasury,
CM.com
September 27Dave is the Head of Treasury for CM.com since 2021 and responsible for Corporate Finance, Treasury Operations and Financial Risk Management.
CM.com (AMS: CMCOM) is a global leader in cloud software for conversational commerce that enables businesses to deliver a superior customer experience. Our communications and payments platform empowers marketing, sales and customer support to automate engagement with customers across multiple mobile channels, blended with seamless payment capabilities that drive sales, gain customers and increase customer happiness.
Prior to joining CM.com, Dave held treasury and corporate finance roles in settings with a diverse range of development phases, capital and ownership structures at Endemol Shine Group, PostNL and Hertel.Samuel Vallotton
VP, global treasury, Salesforce
Samuel Vallotton
VP, global treasury, Salesforce
Samuel Vallotton is the Vice President, Global Treasury 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.
Embedding ESG metrics in treasury operations
With energy stocks soaring and record profits being made by energy companies around the globe, ESG and net zero portfolios have performed poorly by comparison. That has led bullish investors to decry ESG stocks, some saying, in corners of Davos, that the fad is over and it should now go away. Certainly, whether ESG can still be a priority for companies in inflationary markets is an understandable question. Yet for many companies, the undeniable fact of climate change has unaltered environmental, social and governance policies that continue to embed in business practices, including treasury operations, and not least in compliance policy for suppliers and subsidiaries. In this session treasury professionals reflect on the priorities in ESG and the metrics that are in place to ensure compliance.
Emer Murnane
Group treasurer,
Smurfit Kappa Group
Emer Murnane
Group treasurer,
Smurfit Kappa Group
September 27th 2023- 04:00pm -4:40pmEmbedding ESG metrics in treasury operations
Natasha Vowles
Head of treasury, funding, Tesco
Natasha Vowles
Head of treasury, funding, Tesco
September 27th 2023- 04:00pm -4:40pmEmbedding ESG metrics in treasury operations
Natasha joined the Tesco Treasury team in 2016 and has been Head of Treasury – Funding since February 2019. As Head of Funding she has responsibility for external funding, managing Tesco’s relationships with banks, credit rating agencies and debt investors. Prior to Tesco she worked in Treasury & Corporate Financing in the energy sector.
Nicholas Franck
EuroFinance Tutor
Nicholas Franck
EuroFinance Tutor
September 27th 2023- 04:00pm -4:40pmEmbedding ESG metrics in treasury operations
Nick is a treasury professional with over 30 years’ global experience in Treasury, Banking and Consulting. He studied Engineering at university and specialised in computing during his final year. His earliest jobs were hands-on with technology, building a dealing desk information management system and implementing a treasury management system. His responsibilities have grown since then to include technology strategy and implementation management whilst still remaining hands-on. He has been responsible for buying and implementing treasury technology, designing processes and controls, and maintaining and upgrading all of these over time. Examples include straight-through-processing integration with banks and advanced reporting tools. In addition, Nick has worked on non-treasury projects. These have given him practical knowledge of technology integration across business silos, which is now particularly relevant for cash forecasting, real-time reporting and dashboards. Nick’s combination of Treasury and business expertise, knowledge of technology, and deep interest in the subject make him an ideal tutor for this treasury technology course.
Navigating digital transformation: The Siemens Gamesa odyssey
Embark on an insightful journey as we unravel the tale of Siemens Gamesa’s digital transformation that won them the 2023 EuroFinance Treasury Excellence Award in the technology implementation category. In the midst of a challenging merger, Siemens Gamesa’s treasury team stood at the helm of two contrasting systems and orchestrated a successful unification under an efficient system landscape. This panel discussion will shed light on the intricate challenges, innovative strategies, and the transformative power of technology that aided in this herculean task. Learn about the establishment of a state-of-the-art In-house bank, and how the treasury team set a new industry benchmark for process automation.
Michael Faschang
Head of treasury management systems,
Siemens Gamesa
Michael Faschang
Head of treasury management systems,
Siemens Gamesa
September 27th 2023- 04:00pm -4:40pmNavigating digital transformation: The Siemens Gamesa odyssey
The billion dollar heist: is the great crypto experiment done?
Recent estimates are that over $1bn in cryptocurrencies have been stolen in heists and scams, most recently FTX, as regulators step up proposals to legislate the industry. Yet regulatory clarity is exclusive as several different pieces of legislation involving digital assets come under both the Securities Exchange Commission and the Commodity Futures Trading Commission (CFTC). Yet crypto pioneers and believers in decentralised finance would claim that the future of finance is decentralised. In this talk we look at the regulation of cryptocurrencies and what treasurers need to know about their future controls in finance and payments.
Martin C.W. Walker
Finance director,
Center for Evidence-Based Management
Martin C.W. Walker
Finance director,
Center for Evidence-Based Management
September 27th 2023- 04:00pm -4:40pmThe billion dollar heist: is the great crypto experiment done?
Moderated by:
Patrick Kunz
Owner, Pecunia Treasury and finance B.V. and interim head of treasury, The Social Hub
Patrick Kunz
Owner, Pecunia Treasury and finance B.V. and interim head of treasury, The Social Hub
September 29th 2023- 11:00am -11:40amFuture shapes of finance
Patrick is managing director of Pecunia Treasury & Finance and Treasury-as-a-service.com. He acts as interim treasurer and treasury consultant for multinationals, SME’s and non-profit organisations. Pecunia offers both treasury consultancy and interim support from junior to senior consultants and also implementation support for TMS or payment hubs and cloud FX trading/international payments. As an interim manager Patrick has been with many companies in his career. Projects he has led include: cash management optimization, corporate (re)financings, FX optimisations, Treasury management system implementations, negotiation of bank costs and tenders. Patrick holds a masters degree in international business and a post-doc degree in Financial Risk Management (FRM). Next to that Patrick is charterholder for the qualified treasurer title.
Optimising managed treasury services to de-risk operations
The increasingly strategic function of treasury, together with expanding treasury services, demands operational decisioning to align with business goals. For treasurers, choices as to which treasury services should be managed by external professional service providers are often driven by considerations around derisking operations whilst increasing efficiencies. In this session we hear from the President at Comcast Capita;l, who talks through the core decision making and operational choices in managed treasury services, how services align with core treasury risk strategies, and the benefits to the business.
Roberta Eiseman
President,
Comcast Capital Corp
Roberta Eiseman
President,
Comcast Capital Corp
September 27th 2023- 04:00pm -4:40pmOptimising managed treasury services to de-risk operations
Casey Kernan
Americas treasury leader, financial accounting advisory services,
EY
Casey Kernan
Americas treasury leader, financial accounting advisory services,
EY
September 27th 2023- 04:00pm -4:40pmOptimising managed treasury services to de-risk operations
Moderated by:
Edwin Veenman
EuroFinance sr. tutor
Edwin Veenman
EuroFinance sr. tutor
September 27th 2023
Treasury expansion: building the banking blueprint
Treasurers have got it tough, building the business case for treasury expansion, and taking that plan to the CFOs office is no easy task. Just how much treasury is needed? Where should the treasury be? What functions should be outsourced? What can be handled by shared services centres? Which services should be offshore? What functionality should be in the cloud, and which on company servers and systems? Should the treasury share data with third parties, including fintechs, for enhanced services? And how should the treasury configure liquidity provision and work with banking partners? In this session bank partners and treasurers discuss how they plan to configure the next phase of treasury services and how to optimally configure the growing treasury function.
Alex Wong
EMEA GTS head of product management – corporates,
Bank of America
Alex Wong
EMEA GTS head of product management – corporates,
Bank of America
September 27th 2023- 04:00pm -4:40pmTreasury expansion: building the banking blueprint
Ambar Morshed
Head of EMEA MNC payments sales,
J.P. Morgan
Ambar Morshed
Head of EMEA MNC payments sales,
J.P. Morgan
September 27th 2023- 04:00pm -4:40pmTreasury expansion: building the banking blueprint
Ambareen Morshed is currently responsible for the Payments business at J.P. Morgan covering Multi National Large Corporates in Europe, Middle East and Africa.
Ambareen joined J.P. Morgan in 2019 and previously led the Treasury FX Sales team in EMEA, covering corporates, financial institutions, and public sector clients.
Prior to this and during her 18 years of experience in the banking industry, Ambareen has held roles at both Bank of America Merrill Lynch and Lloyds Bank. She has an extensive background within Transaction Banking and Markets focusing on foreign exchange solutions.
Ambar holds a bachelors degree in Politics from University College of London (UCL).Blanca Goni
Country head, GPS,
HSBC
Blanca Goni
Country head, GPS,
HSBC
September 27th 2023- 04:00pm -4:40pmTreasury expansion: building the banking blueprint
Treasurer as influencer - the ascent of the strategic treasurer
In popular culture, influencers are the stars of social media, but in the corporate context, influencers are the strategic changemakers in the company who drive innovation and best business practices. As technology takes on much of the day to day activities of treasury, treasurers are increasingly being called on, and leading on, the transformation of business change. In accounts, payments, collections, cash and liquidity management, as well as data reporting, cloud computing, digitalisation and risk management, treasurers are leading from the front. The strategic role of the treasurer and the ever increasing role and responsibilities of treasury leaders has created the ‘influencer’ moniker. Treasurers are increasingly called upon to plot a path through current inflationary markets, and sit at the CFOs table. Here we discuss the ascendency of the treasurer as influencer and the increasingly strat