by Ather Williams III, Head of Global Transaction Services, Bank of America Merrill Lynch
The economic and political landscape in EMEA has not been a restful one for the corporate treasury profession over the past year. Conflict in the Middle East and on Europe’s borders combined with the near-miss of Greece’s refinancing and continuing uncertainty over the UK’s future in the European Union have created a kaleidoscope of risks.
At the same time, treasurers are taking on an even more strategic role as they work more closely with other business functions such as procurement to manage payments and optimize working capital.
Taken together, these changes add up to a challenge for treasurers – one which promises a more rewarding future for those who embrace a new perspective on what the limits of corporate treasury should be.
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