At CARE, we take very seriously our responsibilities to recipients of support and assistance, and the donors who make it possible for us to fulfill our humanitarian objectives. A vital way in which we can demonstrate accountability is the way that we manage our cash. We aim to demonstrate the highest levels of reporting and control, manage counterparty and operational risk, maximise the value of cash we hold, and ensure that funds are liquid and accessible to fund our projects worldwide. This article explores some of the current and planned initiatives that are helping us to achieve these objectives.
Steve ZaubiDirector, Global Treasury Services