Over the past three years the Adam Smith Awards Asia, supported in 2016 by ANZ, has become firmly established as the ultimate industry benchmark for corporate treasury best practice in the region.
The awards were created to ensure that extraordinary achievement is recognised and celebrated and to challenge corporates across the region to deliver better and more innovative solutions and you have certainly risen to that challenge.
The Adam Smith Awards Asia 2016 attracted an astonishing 203 nominations from 17 different countries and a wide range of companies in terms of size, geographical location and industry sector. Indeed, the nominations we received were quite simply stunning examples of how corporate treasurers across the region are responding to the evolving challenges they face. Our judging panel commented on the calibre of the 2016 nominations and the challenge they faced in selecting the winners. In their view, this was the best set of nominations they have seen to date.
The Overall and Highly Commended Winners showcase the very best and brightest in the industry, and each solution demonstrates a high degree of strategic planning, collaboration and innovation.
A particular mention goes to our Top Treasury Team 2016, General Electric, led by Vincent Liu, Asia Treasurer, Managing Director. The work of the General Electric team is truly at the forefront of innovation through the use of market-leading solutions, logical execution and business ownership and highlights the evolving nature of the corporate treasury department within businesses.
Within the pages of this Yearbook, the winning solutions are briefly summarised in short case studies that we hope you will find informative and inspiring. A number of these will be presented in more detail as part of our Adam Smith Awards Webinar series throughout 2017.
Our 2016 award winners have certainly set a high bar and all of us at Treasury Today Asia wish to congratulate you on your hard work, dedication and achievements. We applaud the many applicants who participated in 2016.
We are already looking forward to seeing what 2017 brings with much anticipation.