Treasurer - Corporate Treasurers

Corporate Treasurers

In corporations, the Treasurer is the head of the corporate treasury department. They are typically responsible for liquidity risk management, cash management, issuing debt, foreign exchange and interest rate risk hedging, securitization, oversight of pension investment management, and capital structure (including share issuance and repurchase). They also typically advise the corporation on matters relating to corporate finance. They could also have oversight of other areas, such as the purchase of insurance.

There are various Treasurer associations. The International Group of Treasury Associations (www.igta.org) is composed of about 30 treasurer's organizations in the world. In Europe, the European Associations of Corporate Treasurers (www.eact-group.com) federates 17 national treasurers associations from 16 countries. The Certified Treasury Professional designation serves as the professional certification for treasury managers and corporate treasurers with over 20,000 CTP's worldwide.

Read more about this topic:  Treasurer

Famous quotes containing the word corporate:

    The corporate grip on opinion in the United States is one of the wonders of the Western World. No First World country has ever managed to eliminate so entirely from its media all objectivity—much less dissent.
    Gore Vidal (b. 1925)