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TMANY Meeting - November 21, 2019
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8 things Strategic Treasurers Are Doing to Avoid Back Office Oblivion

11/21/2019
When: Thursday, November 21, 2019
12pm
Where: Trattoria Tre Colori
254 W. 47th Street
New York 10036
United States
Presenter: Rich Bond, Founder, Bond & Company
Contact: Margaret Green or Joedy Tran
212-465-6482


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8 Things Strategic Treasurers Are Doing to Avoid Back Office Oblivion (I)

Rich Bond, Founder, Bond & Company

 

Many corporations have great treasury functions that play an important role in the strategic direction of their companies. Over the years, I have been fortunate enough to recruit treasury talent for (and out of) a number of those entities, particularly during the time when the definition of treasury was rapidly changing.

 

I have seen treasury go from a hot area, where the demand for talent exceeded the supply, to a stagnant or shrinking job market, particularly for more senior roles. Treasury groups are shrinking, while the businesses are increasing in size and becoming more complex.

 

Rich Bond founded Bond & Company in 1986, and in the early 1990s started recruiting treasury professionals, primarily for very large entities like PepsiCo and GE. At that time, treasury became much more sophisticated, and companies started to use derivatives, obtain greater access to the capital markets, and realize that they could shop for the best services from banks as the services became priced individually.


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