1. Official lead sponsor
Book today: See registration page for details
Host association
Tuesday 17 – Wednesday 18 March 2009
The Hilton, Amsterdam
THE NETHERLANDS
PLUS pre-conference training
• Advanced Cash Flow
7th annual conference on
Liquidity and Cash Management
for European Companies
Responding to crisis, embracing risk
Official sponsors
Expert speakers include
Kimberly Ross
CFO
Royal Ahold, The Netherlands
Jan Schets
Director of Treasury
Sara Lee, The Netherlands
Charles Jenkins
Regional Director, Western Europe
Economist Intelligence Unit, UK
Vijay Panday
SeniorManager,HeadofKLMGroupTreasurydesk
KLM Royal Dutch Airlines, The Netherlands
2. Official charity
We are delighted to announce that Médecins Sans
Frontières(MSF)isEuroFinance’spreferredcharityfor2009.
MSF provides medical assistance to populations in
distress, victims of natural or man-made disasters and victims of armed conflict. MSF
relies on donations from the public for two key reasons: to ensure the freedom to
provide humanitarian assistance whenever and wherever it is needed, and to remain
independent from political, religious and economic interests.
www.uk.msf.org
If you wish to make a donation, please go to www.justgiving.com/eurofinance
About the conference Tuesday 17 – Wednesday 18 March 2009
Conferences | Training | In-House Training | Research
About EuroFinance
EuroFinance is one of the world’s thought leaders in cash, treasury and
risk management. For over 15 years now, we have led the market in the
development and training of finance professionals looking for innovative
treasury solutions and products. We create a discussion space for the
world’s leading corporations and financial institutions to grow and progress
treasury management.
We run conferences, seminars, exhibitions, public and in-house training
courses as well as tailor-made events for our clients, attracting industry
leaders from across the globe. We also offer research services.
The company is an Economist Group business.
2
Pick up your copy of our incisive, in-depth treasury
publication. Featuring all the initiatives and trends
faced by treasurers around the world.
Visit www.eurofinance.com/treasuryperspectives
to download
Plus...
2008/09 trends and initiatives in treasury
Featuring
storm
the
Beyond Featuring
2008/09 trends and initiatives in treasury
the 2009 treasury agenda
Cash visibility comes into focus
Rethinking capital structure
The risk management portfolio
Trade finance – the risk shifts again
Guiding enterprise risk management
SEPA and what to expect
Becoming better communicators
the 2009 treasury agenda
Cash visibility comes into focus
Rethinking capital structure
The risk management portfolio
Trade finance – the risk shifts again
Guiding enterprise risk management
SEPA and what to expect
Becoming better communicators
Crisis, what crisis?
Playing for strength in a downturn
Treasury’s ‘A’ list
The profession’s top innovators
Top team
Inside the world’s best treasury
Crisis, what crisis?
Playing for strength in a downturn
Treasury’s ‘A’ list
The profession’s top innovators
Top team
Inside the world’s best treasury
There’s no doubt that the global financial crisis has offered treasurers
and their bankers a wild ride. Aspects of financial risk once thought
improbable are now facts of everyday life. Non-financial companies
in Europe entered the crisis in robust condition, a state now being
challenged as recession unfolds. Meanwhile, banks are undergoing an
historic restructuring. Woes abound, but opportunities will emerge
as stability returns, volatility ebbs, and prices bottom. Meanwhile,
barriers continue to fall in the treasury world, propelled by changes in
accounting rules and the creation of a Single European Payments Area.
EuroFinance’s 7th annual conference on Liquidity and Cash
Management for European Companies will help financial professionals
prepare to meet the challenges confronting their businesses in a time
of profound economic change.
Programme highlights – what’s new for 2009?
• The new banking landscape
• The prospect of a re-emerging M&A market
• Maximising liquidity in a time of restrained credit
• Fostering growth in a down market
• Looming regulatory changes
• Understanding counterparty risk with financial service providers
• Using technology to extract the most value out of treasury
Why should you attend?
• Discuss the most pertinent issues affecting treasury today
• Get better acquainted with thought-leaders
• Hear real-life, tried and tested treasury solutions
• Engage in lively debate with your peers
• Gain insights and solutions that will give you a competitive advantage
• Hear from leading international and regional corporations
• Learn the latest advances in cash management technology
• Meet face-to-face with the leading suppliers and service providers
Over 270 finance and treasury professionals from across
Europe attended this conference in 2008
92% of delegates who attended the 2008 conference,
would recommend it to a colleague
3. Day 1 Tuesday 17 March 2009
For programme and speaker updates visit www.eurofinance.com/europe
08:00 Registration, refreshments and exhibition opens
09:00 Chair’s welcome
Sander van Tol, Senior EuroFinance Tutor; and Director, Zanders,
The Netherlands
09:10 Learning the critical lessons of a crisis period
This year’s conference comes at a time of immense challenges and
responsibility for treasury practitioners. The threat of recession
in many countries will test treasury teams to their limits as risk
intensifies further. It also presents treasurers with an opportunity
to maximise their contribution when needed most. The crisis
reinforces the lessons of best practice in liquidity and cash
management. Building a foundation of committed facilities,
diversified funding and maturities, high cash visibility and better
working capital management has never been of greater value.
Freddy Van Den Spiegel, Chief Economist, Director Public Affairs,
Fortis, Belgium
09:50 Macroeconomic overview and outlook – just how bad
is it?
A year ago, all but the most debt-laden European companies were
pretty confident about the 12 months ahead despite the shock of
August 2007’s credit crunch. One year on, confidence is far more
fragile after a period of unprecedented turbulence and volatility
has transformed the global and European banking landscapes and
the prospect of a prolonged recession looms. So just how bad is it?
A leading expert reviews the macroeconomic outlook, and relates
this to the corporate sector’s overall health.
Charles Jenkins, Regional Director, Western Europe, Economist
Intelligence Unit, UK
10:30 Refreshment break
11:00 CFO reflections on treasury’s role in troubled times
A prominent chief financial officer from the region draws on their
previous treasury experience to reflect on current challenges –
from both C-suite and treasury perspectives. How can treasurers
and their teams best support CFOs in a period of recession and risk
aversion? Equally, what should treasurers expect from their CFOs
in this very difficult environment? This session explores how, more
than ever, transparency and teamwork are essential.
Kimberly Ross, CFO, Royal Ahold, The Netherlands
11:40 Seeking safe havens for corporate cash
The troubled summer of 2008 saw cash managers’ focus shift
from return on capital to the return of capital. The most striking
aspect of the search for safe havens has been the extent to which
companies have spurned bank deposits, their traditional harbour
for excess cash. Many treasurers have opted for alternatives such
as government bills or money market funds, though the latter also
suffered after a US fund ‘broke the buck’ as a result of exposure to
the bankrupt Lehman Brothers. This session explores the longer
term consequences of this experience. Will government guarantees
enable deposits to regain their dominance of European cash
investing? Or will diversification of instruments remain a priority?
Panellists include:
Vijay Panday, Senior Manager, Head of KLM Group Treasury desk,
KLM Royal Dutch Airlines, The Netherlands
Greg Zabikow, Manager of International Treasury, Aon Service
Corporation, The Netherlands
Edwin Veenman, European Treasurer, Office Depot, The Netherlands
12:40 LUNCH
Special
guest
speaker
Panel
session
Keynote
speaker
Treasury Networking Reception
Open to all delegates
Join us at the end of the conference on Day 1 for the Treasury
Networking Reception. Relax with fellow treasury and finance
professionals plus speakers and exhibitors.
3
Expert
speaker
14:00 Credit crisis impels new impulse to pool
Cynics call the credit crisis the greatest marketing push for cash
pooling yet. Why? Because optimising cash trapped within the
company is the best form of financing – and never more so
than when credit is constrained. Indeed, some experts put the
proportion of working capital that companies fail to put to work
as high as 50% on average. Clearly, this reinforces the view that
treasurers should always first squeeze the most from their internal
resources. In this case study, one company reflects on its recently-
implemented cash pool structure. In sharing its experience, it
highlights both direct savings and other benefits.
Greg Zabikow, Manager of International Treasury, Aon Service
Corporation, The Netherlands
14:40 Risk is back – coping with operational challenges
Risk is back on the treasury agenda – in a big way. Besides financial
risks like bank counterparty exposures and asset class volatility, the
recessionary era is likely to increase a host of operational risks. In
harder times, suppliers and customers will be more stressed.
So credit risk will require greater attention, including the recent
supply chain finance-driven insights into the strategic value of
supporting suppliers where necessary. Companies will also be
less willing to trade on open account, which may bring traditional
trade finance risk mitigation back. Further risks, such as country
and transportation risk, will need more focus too in the challenging
environment ahead. A panel of corporate treasurers assesses the
changing operational risk landscape and discusses their strategies
and priorities, including key mitigation techniques.
Maciej Müldner, Treasurer, Skanska S.A., Poland
Natalia Kang, European Treasury Center Manager, LG, The Netherlands
Didier Lang, International Group Treasury Manager, Moog, Luxembourg
15:20 Refreshment break
16:00 No longer banking on banks
Before the credit crunch, counterparty risk was primarily a problem
that emerged in doing deals with smaller, weaker commercial
partners. Mitigating this risk was a matter of insurance or other
products. But bank bail-outs across the world, the failure of Iceland’s
lenders and the Lehman bankruptcy have shifted the debate to bank
counterparty risk. Should treasurers employ ratings ‘buckets’, or
just a minimum rating for all banks? What happens in the event of a
downgrade – immediate unwind or phased withdrawal? What if the
downgraded institution is a member of your loan syndicate? And
what should be included in the exposure calculation?
Jan Schets, Director Treasury, Sara Lee, The Netherlands
16:40 Craving credit intelligence
With few exceptions, 2008’s government interventions have not
removed credit risk from the banking sector. Indeed, analysts
calculate that many banks will exhaust their new public capital
rapidly. So how should treasurers obtain reliable credit intelligence
on their bank counterparties? During the crisis, companies were
relying on little more than after-the-event news reports to inform
their bank exposure management. Are the credit rating agencies
the only source, or are credible alternatives available? And is
the expense of credit intelligence justified in a sector that the
authorities have decided is too big to fail? In this panel, a senior
representative from a leading credit rating agency and leading
finance experts will explore the practical concerns that emerge
from counterparty risk and the doubts about the viability of credit
ratings. They will also discuss available alternate methods for
treasurers to assess risk related to bank counterparties.
Moderated by:
Colinda Hogervorst, Senior Consultant, Cash Management and
Bank Relationship Management, ICC, The Netherlands
Panellists:
Charles Jenkins, Regional Director, Western Europe, Economist
Intelligence Unit, UK
Michael Zlotnik, Managing Director & Head of Bank Ratings Europe,
Middle East & Africa (EMEA), Standard and Poor’s, Germany
Kees-Jan Kindt, European Treasury Manager GDA B.V., The Netherlands
17:30 Conference adjourns to the Treasury Networking Reception
Panel
session
Expert
speaker
Case
study
Panel
session
4. 12:20 Diversification – offsetting risk by finding new sources
of finance
Banks may be unwilling to lend, but capital market investors’still have
an appetite for corporate exposure. How can corporate treasurers seek
new sources of finance outside traditional bank borrowing? Even with
the economic cycle turning, products still available to the right names
(not only blue chips) include: US private placements, domestic bonds,
commercial paper, and even some forms of securitisation. Diversifying
sources of finance is a key tool in liquidity management; so too is
anticipating needs and taking early action. This session examines several
companies’approaches to prudently spreading their financing risk.
Pim de Groot – Senior Manager, Finance and Accounting, DENSO
Europe B.V., The Netherlands
Jan Ambergen, Regional Controller EAME, IFF, The Netherlands
Paul Hermans, Treasurer, Barco Coordination Center, Belgium
13:10 Lunch
14:30 The connectivity conundrum
Bank connectivity remains a difficult topic for many companies.
Although SWIFT has begun to attract increasing use through its several
corporate-targeted initiatives, its costs can be off-putting and cheap
domestic systems still prevail. Yet local (multi-bank) systems do not
always offer the level of security and flexibility that some would like.
How should treasurers assess these competing channels, taking into
account Europe’s evolution towards more standardisation? And what is
the impact of the liquidity crisis on customers’ and banks’ views towards
their interconnectivity? This session explores the latest thinking in this
vital area of cash and liquidity management infrastructure.
Johannes Borgman, Managing Director, ADCO Umweltdienste
Holding GmbH, Germany
Bart Van Buggenhout, Senior Product Manager, w1se corporate
e-banking, KBC, Belgium
15:10 Playing a new card – turning to card solutions
Card solutions are increasingly on European corporate treasurers’
working capital improvement radar. As speeding up the cash and
inventory cycles is more important than ever, cards of various types
offer attractive benefits. Purchasing cards, for example, are a way of
lowering the corporate cost cycle. And for consumer-facing companies,
loyalty card schemes provide an opportunity to leverage their brand
strength while potentially supporting pricing and accelerating
turnover. This session considers the benefits, costs and risks in this area.
Drs J.J. Hans Cremer, Portfolio Manager Dialogues Incubator,
Associates BV, The Netherlands
Roelof Hilgersom, Head of Commercial Cards, ABN AMRO,
The Netherlands
15:50 Refreshment break
16:20 Dealing with the SEPA direct debit
The looming Single European Payment Area’s direct debit (SDD)
arrangements – deadline: November 2009, though this appears
to be at risk of further delay – has generated a high degree of
controversy for such a nuts and bolts measure. Detractors continue
to complain that the SDD exposes them to a significant increase in
risk compared to what, in many cases, are existing rapid and reliable
domestic payment infrastructures. How should treasurers who
rely on direct debits for significant proportions of their collections
respond? And what are the implications for e-invoicing, including
e-SEPA? An expert speaker takes stock.
Massimo Battistella, Manager Accounts Receivables,
Administration, Finance & Control, Telecom Italia, Italy
17:00 Close of conference
08:30 refreshments and exhibition opens
09:00 Chair’s welcome
Sander van Tol, Senior EuroFinance Tutor; and Director, Zanders,
The Netherlands
09:10 Relying on relationships (1)
With the banking landscape transformed by government
interventions and credit no longer a cheap, commoditised
product, treasury’s ability to manage bank relationships is ever
more important. Does a government bail-out of your lead bank
mean that you should revisit your banking relationships? How
can proposed margin and fee hikes best be handled in the new
environment? Do banks of different nationalities require
different approaches? One corporate treasurer reveals his
company’s strategy.
Maciej Müldner, Treasurer, Skanska S.A., Poland
09:50 Relying on relationships (2)
A panel of prominent bankers speak about what they value most
in their corporate relationships. Their disclosures may well
surprise you.
Moderated by:
Sander Van Tol, Senior EuroFinance Tutor; and Director, Zanders,
The Netherlands
Panellists include:
Maarten Mol, Head of Transaction Banking, ABN AMRO,
The Netherlands
Peter Pollaert, Head of Cash Management Sales, Fortis, Belgium
Bart Ivens, Global head of Sales PCM, ING Bank
Jasper Savelkoel, General Manager ICM, KBC, Belgium
10:30 Let’s hear you out: the audience opinion
It’s been a tradition at our international conferences to encourage
audiences to cast their votes on the business outlook and other
issues, giving a view from the treasury world. Starting with this
session, we institute voting across all our major conferences. The
format will involve audience voting on issues of direct concern
to treasurers trying to make sense of the global financial crisis.
What do you and your peers think? Have you lost confidence in
your banks? Rating agencies? Are central banks and politicians
handling the crisis capably? When will confidence return? Is there
opportunity for companies to grow, even in an environment like
this? When will M&A start up again? From FX issues through to
regulation, this short survey will determine current sentiment.
11:10 Refreshment break
11:40 Facing up to refinancing risk
In the aggregate, corporate liquidity remains ample. Nevertheless,
many companies face refinancing their debt in the new credit
environment. Banking is likely to come with a higher price tag and
be restricted to favoured customers. Relationships are rapidly
changing in this environment, as even relatively minor adjustments
like waivers are attracting increased fees. Some treasurers fear that
some banks will invoke material adverse change clauses to get
out of lending priced at bull market levels. This session weighs the
fears against the realities and highlights the strategies and tactics
treasurers should employ.
Bas Kolenburg, Executive Consultant, ICC, The Netherlands
Day 2 Wednesday 18 March 2009
For programme and speaker updates visit www.eurofinance.com/europe
Conference venue
The Hilton Amsterdam is a contemporary hotel located just 15 minutes by taxi from Schiphol Airport and
a 15 minute walk from the city centre. Located in Amsterdam’s commercial and financial district, it’s just
2 minutes from some of the most exclusive shopping streets.
Hilton Amsterdam, Apollolaan 138, Amsterdam, Netherlands 1077 BG, Tel: +31 20 710 6000
4
Expert
speaker
Case
study
Expert
speaker
Panel
session
Panel
session
Expert
speaker Case
study
Hotel reservations
For preferential rates at the Hilton Amsterdam hotel please go to:
http://www.hilton.com/en/hi/groups/personalized/AMSHITW_GEURB/index.jhtml.
EuroFinance strongly advises that you reserve your hotel accommodation for this event as soon as
possible as rooms will be subject to availability at the time of booking. The deadline for preferential
rates is 14 February 2009.
Order online at:
www.economist.com/specialoffer/emea
and quote code: QPL3
Subscribe to The Economist
12 weeks
for€24
chure advert.indd 1 13/6/08 10:04:20
Special
voting
5. About the sponsors
Book today: See registration page for details
Fortis Bank and Fortis Insurance provide a total package of banking and insurance services to
personal, business and institutional customers through their own high-performance channels and
via intermediaries and other partners. We have developed a European footprint in the retail banking
market, operating through a variety of distribution channels. We offer financial services to companies,
institutional clients and high net worth individuals and provide integrated solutions to the enterprise
and the entrepreneur. Finally, we successfully combine our banking and insurance skills through
bancassurance in Belgium. Fortis has a presence in 50 countries and a dedicated, professional workforce
of more than 50,000.
Contact:
Peter Pollaert, Global Head of Cash Management Sales
E-mail: peter.pollaert@fortis.com
www.fortis.com
With a rich history dating back to 1824, ABN AMRO is
uniquely positioned in the Netherlands with a strong
presence in the local commercial and consumer banking
markets. ABN AMRO has offices in almost all major towns
and cities throughout the country.
The bank’s full spectrum product range ensures optimal
support for the client’s company’s daily cash and
liquidity management needs.
ABN AMRO and Fortis Bank NL will be merged in the near
future. This new, healthy and strong financial institution
will offer clients a broad range of products and services
in commercial, retail and private banking and will have
presence in 20 countries throughout the world.
Contact:
Erik Zoetmulder
Head of Cash management, ABN AMRO
E-mail: erik.zoetmulder@nl.abnamro.com
ICC is one of Europe’s leading consulting companies
supporting CFO’s, finance directors and corporate
treasurers with their interest rate and currency risk
management, financing issues, cash management
and banking relationship management. As a private
enterprise ICC is not linked to banks, brokers, asset
managers, accountants, auditors or other third parties.
We do not hold any positions in the financial markets
nor do we conduct any transactions. This allows us to
find the best possible solutions to our clients’ currency
and interest rate exposures as well as the best possible
financing solution, often with better banking terms and
conditions and without any conflicts of interest. With 30
years of experience ICC is the preferred sparring partner
for today’s finance professional from around the world!
Contact: Michèl van Dusschoten
Consultancy Director, ICC
E-mail: m.vandusschoten@incc.nl
ING Wholesale Banking is the corporate and investment
banking division of ING Group, a global financial
institution with over 60million clients. ING Wholesale
Banking combines its anchor products of lending,
payments & cash management and treasury with a full
range of value added services. Building on our home
markets in Benelux, we have created a strong base in
Europe and a presence in over 40 countries worldwide –
underpinning our commitment to serve clients wherever
their business needs take them.
From our extensive European branch network we can
offer you payments & cash management solutions.
You will have one point of access to services ranging
from automated liquidity management, reporting
facilities and documentary trade services to committed
implementation and support teams. Whether you are
doing business in Benelux, Central&Eastern Europe,
South-West Europe or the Nordics, ING offers you relevant
and constructive solutions.
Contact: Bart Ivens, PCM Global Head of Sales
bart.ivens@mail.ing.nl www.ingwholesalebanking.com
Official sponsors
KBC Bank, the largest Belgian financial institution, is a
member of the KBC Bank and Assurance group.
Geographically, the KBC Group gives priority to
developing its activities in Europe, especially in the
home markets of Belgium, Central and Eastern Europe.
Outside its homemarkets, KBC’s activities in Western
Europe, USA and Asia are almost entirely focused on
corporate customers, real estate, trade finance and
financial market activities.
The Group offers a full range of domestic and
cross-border cash pooling services and has an
impressive track record in providing tailor-made cash
management solutions, including a.o. a genuine cross-
border notional pool. KBC is one of the first banks
to offer full SCORE compliant MA-CUG – SWIFT for
Corporates solutions.
w1se, the group-wide internet based electronic
banking tool, illustrates KBC’s continued commitment
to corporate cash management. W1se covers 11
European countries, supporting the local languages
and the full range of domestic payment and collection
instruments.
KBC Bank, Havenlaan 2, B–1080 Brussels
Tel: +32 2 429 86 73 Fax: +32 2 429 27 23
Contact: Jasper Savelkoel, Belgium, General Manager,
International Cash Management
Email: ICM@kbc.be
Official publication
Endorsed by
Media partners
Host association
Exhibitors
Official lead sponsors
Would you like to sponsor or exhibit at this event?
There are a limited number of sponsorship and exhibition
opportunities available. If you have products to offer
corporate treasurers and finance directors, then this is the
ideal opportunity to demonstrate them.
Please call Ed Virtue on +44 (0)20 7576 8516 or email
edvirtue@eurofinance.com for more information.
Supported by
Global sponsor
6. Pre-conference training Introductory to advanced Level
Monday 16 March 2009
Conferences | Training | In-House Training | Research
Advanced Cash Flow
Our research regularly shows that the majority of companies that use cash flow
forecasting are dissatisfied with their systems and results. This intensive one-day
course will examine the variety of approaches that can be taken depending on
purpose and profile of company. The relationship between forecasting, liquidity
and working capital is examined in detail so that forecasting is not considered in
isolation, but at the centre of the drive to maximise shareholder value. The objective
is for you to be confident in optimising the accuracy of your forecasts, maintaining
their usefulness under differing scenarios of change and pressures, and to maximise
the benefits seen from improved cash generation.
Course tutors
Damien McMahon
Director Finance & Treasury Solutions Group, PricewaterhouseCoopers, Belgium
Martin Böhme
Manager, PricewaterhouseCoopers, Belgium
08:30 REGISTRATION AND REFRESHMENTS
09:00 Objectives and uses of cash flow forecasts
• Liquidity management
• Establishing cash management policies
• Identifying and avoiding cash shortages
• Determining funding requirements
• Calculating potential dividends
• Planning capital investment programmes
• Banking relationships and loan covenants
09:30 Accurate data collection
• Capturing accurate internal departmental data
• Capturing accurate and timely bank data
• Establishing and enforcing disciplined reporting
• Link with budgeting and accounting systems
• Differentiating cash and accounting items and measures
• Interpreting and adapting input data
• Highlighting certain data vs. estimated data
• Separating metrics you can control and vary from those that are fixed by others
10:30 REFRESHMENT BREAK
11:00 Constructing an effective forecast model
• Receipts and disbursement method
• Own model vs. bought software
• Time horizons
• Allowing for real time adjustment for actual outcomes
• Mechanisms for identifying variance and establishing reporting triggers
• Varying the breadth and depth of information
• Varying degree of accuracy
12:00 Alternative techniques
• Judgmental
• Exponential smoothing
• Extrapolative
• Regression analysis
• Causal
• Distribution/scheduling
13:00 LUNCH
14:00 Analysing the forecast
• Is the forecast realistic? Conducting a reality check
• Understanding and conducting sensitivity tests
• Scenario analysis and stress testing
• Modelling uncertainty and risk
• What hedges are in place, what additional protection is needed?
• Adapting to changing trends and business circumstances
15:00 Linking cash flow forecasting to working capital
management
• The cash conversion cycle
• Information flows
• Linking systems
• Benchmarks and alert triggers
• Measures of working capital performance
16:00 REFRESHMENT BREAK
16:20 The end game: increasing shareholder value via cash
flow management
• Defining shareholder value
• Measuring shareholder value
• Lowering the cost of capital
• Discounting cash flows
• Making cash count – practical and presentational outcomes
17:30 END OF COURSE AND PRESENTATION OF CERTIFICATES
6
EuroFinance is registered with the National Association of State
Boards of Accountancy (NASBA) as a sponsor of continuing
professional education on the National Registry of CPE Sponsors.
State boards of accountancy have final authority on the acceptance
of individual courses for CPE credit.
Complaints regarding registered sponsors may be addressed to
the National Registry of CPE Sponsors, 150 Fourth Avenue North,
Suite 700, Nashville, TN, 37219-2417; Website: http://www.nasba.org
For more information regarding refund, complaint and cancellation policies,
contact EuroFinance on +44 (0)20 7576 8555.
Earn up to 7 CPE credits
Delivery method: group-live
Programme level: intermediate
No prerequisites or advanced preparation required
High quality treasury training
EuroFinance also runs a wide selection of public training courses on all aspects of
cash and treasury management. As specialists in this field we deliver high quality,
intensive courses that consistently reflect the educational needs of the profession,
latest developments and best practice.
Courses range from one-day workshops on the latest hot topics to an extensive
residential summer school, all led by industry experts.
To view our training calendar, please go to www.eurofinance.com/training.
If you wish to discuss the training needs of you or your team, please contact
Georgina Wellman on +44 (0)20 7576 8529
or email georginawellman@eurofinance.com
Do you require in-house training?
EuroFinance provides a specialist in-house training service, delivering tailor-
made courses at a time and place to suit you. This is ideal for clients who require
customised training on specific areas of cash and treasury management for both
small and large groups.
For more information and a personal consultation, please contact
Diana Henderson on +44 (0)20 7576 8518
or email dianahenderson@eurofinance.com
