The Soft Skills that Drive Treasury Success: Collaboration, Negotiation, and Empathy
In today’s dynamic and complex financial landscape, the role of a treasurer extends beyond traditional responsibilities such as liquidity management, risk assessment, and capital structuring. While technical proficiency in treasury functions—such as cash forecasting, funding, and investment strategies—is essential, soft skills are emerging as critical differentiators for success. Specifically, collaboration, negotiation, and empathy are the […]
Building Resilience in Treasury Teams: Creating a Culture Ready for Change
In treasury, we’re no strangers to pressure. Whether it’s dealing with sudden market volatility, tackling liquidity crunches, or adapting to new regulations, the only constant in our world is change. And let’s face it, some of these changes hit us harder than we’d like. But here’s the thing: resilience isn’t just about surviving tough times; […]
Russia’s Central Bank Halts Foreign Currency Purchases Amid Ruble Depreciation
On November 27, the Central Bank of Russia announced it would suspend foreign currency purchases until the end of the year. This decision comes as the Ruble has experienced significant depreciation, losing approximately 24% of its value since August and reaching its lowest point against the US Dollar in over two years. Key Economic Factors: […]
Top 5 Strategies to Control Costs in Cross-Border Finance Operations
This article is written by HedgeFlows Managing finances for a business involved in international trade introduces complexities and hidden costs that can affect profitability. To safeguard your financial outcomes, it’s crucial to identify and mitigate these expenses. Here are five key strategies to help finance teams optimize costs in cross-border operations. 1. Scrutinize Foreign Exchange […]
Navigating Foreign Exchange and Interest Rates in Nigeria: My Experience at the Treasury 360 Conference
The Treasury 360 conference, organised by the Association of Corporate Treasurers of Nigeria, was an eye-opening event that brought together some of the brightest minds in finance to address the pressing challenges facing Nigeria’s economy. The event offered a rare glimpse into the critical challenges and strategies shaping Nigeria’s financial landscape. As a non-treasurer, I […]
Communication is Key: How to Communicate Treasury Changes Across the Organization
Change is never easy, especially in a corporate treasury context where every adjustment ripples across departments and processes. But let’s face it: treasury is often seen as the “black box” of finance, and poorly communicated changes can reinforce that perception. If you want to drive impact—and get people on board—you need to do more than […]
Montenegro and Albania Join SEPA: A Major Step Forward for Payments in Europe
The Single Euro Payments Area (SEPA), a framework enabling seamless euro transactions across member countries, has expanded its geographical scope to include Montenegro and Albania. Announced on November 21, 2024, this significant milestone paves the way for these nations to officially join SEPA’s payment schemes in April 2025. This inclusion marks progress in aligning their […]
ESG Day: Strengthening Partnerships for Sustainability at CTA Continental
At CTA Continental, we understand the critical role our farmers play in our supply chain and the importance of fostering strong relationships with our key partners. With this in mind, we hosted an “ESG Day” on November 13, 2024, bringing together our banking partners to showcase the intensive efforts we’ve dedicated to empowering farmers and […]
Leveraging Emotional Intelligence in Treasury: A Change Management Tool
In today’s world, Emotional Intelligence (EI) skills often seem undervalued, especially as we observe leaders as people exhibiting narcissistic and populist behaviors. Empathy appears diminished amid ongoing global conflicts lacking resolution. Even in business, where pragmatism and long-term focus are paramount, the lines between politics and corporate interests blur, challenging the role of EI. Despite […]
Treasury for Non-Treasurers: Sophistication in Solvency Management (Part II-Strategic Function)
Welcome back. In the first part of this article, we explored solvency management within operational treasuries. As a quick reminder, solvency management—keeping an organisation solvent for as long as possible—is a treasury’s primary duty. In this second part, we’ll focus on strategic solvency management, the level most valuable and of interest to non-treasurers. To stay […]