in association with BNP Paribas
by Helen Sanders, Editor
TMI has an established reputation for promoting best practices and innovation in cash and treasury management and recognising the achievements of corporate treasurers globally. As a leading cash management bank both on a pan-European basis and throughout its global network, BNP Paribas espouses these same principles. This year, therefore, TMI has been delighted to present the TMI Star Awards in association with BNP Paribas. The awards were open to corporate treasurers globally and decided in three regional categories by an independent panel of experts chaired by Helen Sanders, Editor of TMI. Award winners for each region were then put forward for the Global TMI Star Awards.
Awards were presented at the EuroFinance Conference in Miami (North America Awards) and at BNP Paribas’ Cash Management University in Paris (Europe and Asia Pacific Awards). The TMI Star Global Awards were also presented at the Cash Management University.
Campofrio Food Group
Readers of TMI will already be familiar with Campofrio’s working capital initiative (edition 232) for which its treasury team has won a TMI Star Award. Like many companies, Campofrio Food Group had to reinvent its treasury activities as a result of the global financial crisis. Despite the Group non-investment grade rating and extremely adverse financial markets conditions for periphery-based companies, under Luis Montesinos’ leadership the company has reinvented its treasury activities both to overcome the immediate crisis, and ultimately to benefit from a virtuous cash flow cycle, as well as a responsible attitude to financing.