The Handbook of Global Corporate Treasury

Preface

IN THE CONTEXT OF TODAY’S business world and volatile markets, be it the efficient management of money, managing the financial risks for the firm, or raising and running capital and the balance sheet, the treasurer’s function has become a critical cog in the wheel of an enterprise’s smooth functioning.

This book is a ready reference for anyone interested in the nuances and practicalities of the large world of corporate Treasury. It is designed to be a bottom-up building block for readers interested in knowing more about corporate Treasury, very similar to the training programmes that we at Aktrea run for our clients, across basic, intermediate, and advanced levels. In the book, I cover cases from our existing case database and also pick up experiences from corporate and banking experts touching on challenges and solutions across the world.

To borrow a soccer term, the concept of total football, where every player is expected to take on the roles of defender, midfielder, or forward when required, is applicable to most global treasurers. The reality for corporate treasurers is that they are expected to be all-rounders, and for employees in Treasury, their functional knowledge across all aspects of Treasury increases their mobility within, and outside, the firm. In short, treasurers cannot afford to have one technical strong point. They are expected to have multiple strengths, given the demands of their role.

In this context, a book that covers the entire corporate Treasury ...