Editorial
Navigating risk
Geopolitical uncertainty continues to dominate the news cycle as our latest edition goes to press. A steady hand on the tiller from corporate treasury, positioned at the heart of companies’ risk function, is more important than ever.
Cyber risk is also on a rampage. Our cyber security feature comes with a warning that corporates should expect a leap in cyberattacks from nation states leveraging AI technology. With insight from two leading cyber security experts, we lay out strategies to hit back. A firm understanding of the company’s key dependences, board buy-in and ownership and collaboration with other companies are vital.
As firms navigate trade policy uncertainty, we get the low down on the impact of tariffs from an embattled treasury community all too familiar with fettered trade. Adeyinka Ogunnubi, President of the Association of Corporate Treasurers of Nigeria, explains that tariffs might protect local industries, but they also lead to higher costs, reduced consumer choice and potential trade conflicts. Elsewhere in our Question Answered feature, Finnish crane group Konecranes says it is keeping a wary eye on its long supply chain.
Our exploration of digital bond issuance finds the bond market is proving remarkably resistant to innovation despite the best efforts of corporates to get on board with digital issuance. Elsewhere, industry experts share their views on how sustainable finance is faring in Europe against the backdrop of the rising anti-ESG movement in America. Read on to find out how treasury professionals can support their companies’ ESG goals in the current environment.
Last – but definitely not least – Visa’s Colleen Ostrowski talks family, purpose and the importance of being part of a team in a lively and inspiring endorsement of a career in treasury. In our Corporate View, Shakira Pillay, Group Treasury Manager at Motus Holdings shares how she learnt the ropes in treasury following a demerger and in the midst of a global pandemic.
