Jean-Marc Servat, Chair, EACT
Readers of TMI will be familiar with Jean-Marc Servat, who has been Chair of the European Association of Corporate Treasurers (EACT) since 2015. After more than 20 years in large multinational companies, he has worked as an independent consultant in treasury, finance and risk since 2013. In this feature, he describes his career to date, and offers some guidance to finance professionals new to treasury.
How did you come into treasury and what attracted you to the profession?
Like some people, my treasury career really started by accident. Once I had graduated from business school, with strong financial skills, I started my career in a sales role at Dow Chemical. In particular, I was keen to develop some commercial experience which is more difficult to acquire at business school. During the three years I spent in this role, I became acquainted with Dow’s credit team, who visited customers and analysed data in order to set credit limits and were the financial advisors of the commercial organisation. Credit management was part of treasury, and it was appealing to me as it combined financial analysis with commercial exposure to the business, which is how I became part of treasury.