An Interview with Maciej Müldner, CFO, Skanska Poland
This month, Helen Sanders, Editor, talks to Maciej Müldner, whom we have featured in TMI on a variety of occasions, including as winner of the Award for Innovation and Excellence in Risk Management, 2010. Maciej is unusual amongst treasury professionals in that he has successfully forged a varied career within the same organisation for much of his career, recently becoming Finance Director of Skanska Property Poland.
How did you first get into treasury, and what attracted you to the profession?
While I was at university, I started working part-time with an Austrian bank as a relationship manager, and spent eight years in banking, ultimately with Deutsche Bank. During this time, I became involved in various aspects of customer relationships, and therefore the corporate treasury function, including corporate finance, cash management etc. One of the most valuable elements of my time at Deutsche Bank was a training programme for senior relationship managers that taught us how to think like CFOs and therefore engage with, and support clients more successfully. This was a formative experience, and ultimately resulted in being offered a role by Skanska following the purchase of Exbud in Poland.
How did your career progress to the role you hold now at Skanska?
I have been very fortunate in that I have pursued my career in a single organisation, whilst fulfilling a variety of different roles. When I first joined Skanska in 2002, I was involved in a major treasury re-engineering project during a period where we were struggling for survival, so the project covered a number of elements, including financing, new guarantee lines, cash management etc. We restructured treasury significantly over three years, implemented a cash pool and payments factory, standardised bank relationships and revised the way that we were managing currency risk.