Photo of Luca Hammel, Dufry.
Luca Hammel, Global Treasury Front Office Head at Dufry has been described as a “go-getter in all areas of treasury and finance”. Although he is early on in his career, Hammel’s already exemplary CV readily confirms this assessment.
Global Treasury Front Office Head
As the Global Treasury Front Office Head of the Dufry Group, Luca Hammel is responsible for cash and liquidity management, FX hedging and IC financing. Besides this he leads the roll-out of a multi-bank connectivity tool (TIS) and coordinates credit card fee negotiations. He graduated from the University of Zurich with a Masters degree in banking and finance.
Luca started his career as an intern at UBS in 2011 whilst studying for his degree in Business and Economics, before joining Dufry in 2012 on a part-time basis. During this stint with Dufry, Luca shone and was offered a full-time position as Corporate Treasury Analyst in 2015. In this role, he juggled a multitude of treasury responsibilities and was tasked with managing the implementation of the TIS payment solution and also intercompany financing and hedging in Latin America – an especially complex market.
The professionalism and commitment that Luca applied to these duties caught the eye of his boss, Yves Gerster, Global Treasury & Shared Services Director at Dufry. “Under Luca’s management, the TIS implementation has been a success and many milestones have been achieved ahead of the planned deadline,” says Gerster. “Also, he was able to expand the scope of certain areas of the project beyond their initial target. To achieve this, Luca has had to manage many different stakeholders in different departments, countries and organisations around the world.”
Luca’s work also enabled him to achieve a promotion to Global Treasury Front Office Head and he is now responsible for the group’s cash management strategy and intra-group liquidity management as well as continuing with the implementation of the new payments system. Luca has also earnt a place on the company’s internal fast-track career programme – which cherry-picks future leaders in the company.
As well as learning on the job, Luca has been keen to develop through education. As well as completing his undergraduate degree, he has also recently attained a Masters degree in Banking and Finance from the University of Zurich.