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Treasury Strategy & Transformation
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Asia Pacific Perspectives: Foreword

by Ather Williams III, Head of Global Transaction Services, Bank of America Merrill Lynch

Ather Williams IIIThe role of the treasurer is fast evolving globally with the pace of transformation especially significant in the Asia Pacific region. Today’s treasurers are looking beyond the traditional cash management requirements and taking into account the bigger picture, recognising the importance of strategic action.

At Bank of America Merrill Lynch, we stand firm with our treasury clients as they take on this wider remit. That’s why we are delighted to publish this special supplement, which discusses the challenges and opportunities facing treasurers in areas as diverse as currency volatility, multi-layered regulatory complexity, shifting corporate cultures and ever more powerful technology.

Treasurers in Asia Pacific have experienced rates of economic growth in recent years that would be the envy of their counterparts in other regions. This has prompted a surge of development in the way the treasury function is organized and managed, but there is still work to be done in preparing for a future in which international trade requires truly global connectivity and interdependence between organisations and their people