Treasury Strategy & Transformation
Published  6 MIN READ
Please note: this article is over 8 years old. If you feel this article is inaccurate or contains errors get in touch here . Many thanks, TMI

An Entrepreneurial Approach to Centralisation at AkzoNobel

by Jarno Timmerman, Head of Treasury South East Asia Pacific, AkzoNobel Treasury & Investor Relations

AkzoNobel has a centralised approach to treasury management, with a regional treasury centre (RTC) based in Singapore with responsibility for Asia Pacific, apart from China, Hong Kong and Taiwan which are supported through a dedicated treasury function in Shanghai. The RTC supports between 110 and 120 entities across 20 countries, covering cash management, foreign exchange, risk management, internal and external financing and investment.