DACT, the Dutch Association of Corporate Treasurers, is the professional association for (corporate) treasurers and other treasury professionals in the Netherlands. The Association has around 700 members who work for multinationals, and large and medium-sized enterprises as well as the government and non-profit organisations. DACT fosters the professional development of its members, offers a network within which treasury professionals feel connected with each other, and facilitates a platform for the exchange of information and the deepening of knowledge.
Membership is open to those who (1) possess relevant experience and knowledge in the treasury field and (2) at the time of applying for membership, either work in the treasury sector (verified by a contract of employment) or have daily involvement in treasury activities within their organisation or institution, other than as a consultant or advisor.
Education and training
. PEP (Personal Education Programme)
Under its PEP banner (Permanent Education Programme) DACT regularly offers training events covering specific topics. The PEP programme deals not only with traditional professional topics (such as cash management, hedging, interest rate management, loan documentation and the management of working capital) but also new subjects, such as Fintech, cybercrime, etc. A PEP lasts on average 2 – 3 hours. The number of participants ranges from 25 to 50.
. Round Table Conferences
The objective of an RTC is for Corporate Treasurers and experts from a specific professional area to discuss strategic issues in a closed meeting. Participants are selected and invited based on several criteria, which include function and organisation. The subject for an RTC is introduced in a small group setting by a speaker with expertise in the topic. A renowned moderator leads the discussion to ensure the session is interactive.
The (annual) Summer Conference brings together numerous members and renowned speakers to address topical issues related to the overall economy, particularly finance or treasury. The number of participants ranges from 100 to 150.
The DACT Treasury Fair is the event for treasurers and other (financial) professionals. The Fair offers practical workshops and professionally-related presentations on current trends and developments, as well as information on the latest solutions, products and techniques in the sector. The number of participants averages 600.
. Network groups
A growing number of DACT members are no longer confined to one employer, but they offer their services as interim treasury specialists. This trend is evident in all functions within the treasury profession: cash managers, treasury managers, treasury control specialists, system implementation experts, investor relations specialists, treasury analysts, and specialists in payment traffic. DACT has designed the DACT Interim Treasury Platform for this ever expanding collective of interim treasury specialists.
. Committee on Professional Practice
The Committee on Professional Practice deals with relevant law and regulations, and other professional matters. It consists of a minimum of 5 members from diverse disciplines who have many years’ experience in the treasury field underpinned by sound theory (including fiscal and legal). The committee is chaired by Frank Muusse (Philips Lighting).
. Documentation Service
The documentation service was created to fund the supply of publications, books, and documents.
. Job Vacancy Bank
DACT endeavours to place on its website as many treasury field vacancies as possible and to inform its members about them.
The DACT Board currently has 9 members who are elected by the General Assembly for a period of three years.
Erwin Bastianen, Board Member
Telephone: 31 35 6954 101