Don’t Issue Blank Cheques!

Don’t Issue Blank Cheques! By Patrick Verspecht, Treasury Professional A few months ago, I got a call from a friend who is the Global Controller of a small Belgian multinational company. He was seeking an opinion on how to prevent one of their customers drawing on two bank guarantees for a quite significant amount, representing […]

My Life in Treasury: Patrick Verspecht

My Life in Treasury Patrick Verspecht, Experienced Treasury Professional In this edition, Helen Sanders, Editor, talks to Patrick Verspecht who has enjoyed a long career at Dresser Industries, Halliburton and GE. After more than 35 years in the IT and treasury professions, Patrick talks about his career and emphasises the importance of retaining experience in […]