At the cutting edge (TT May06 p28-30)

Over the decades, the responsibilities of the treasury department have changed markedly. The role of the treasurer has been reinvented and re-invigorated in recent years. Treasurers now strive to adopt a holistic approach to their roles within their organisations. The so-called silo mentality – if indeed it ever existed – is simply not an option. Cash management had traditionally been the focal point of most treasurers and most responsibilities did not deviate from this remit.