“Corporate Treasury Management” seminar
“Corporate Treasury Management” seminar19 Mar 2018
On March 5th 2018, a seminar on “Corporate Treasury Management” was held by the Department of Management,Faculty of Business Administration and International Trade. The seminar was presented by Mr. Hesham Abouldahab, a corporate treasurer at Mansour Automotive Co. and was attended by about 140 students. It aimed at providing MIU students with an idea about a promising and currently growing activity in the Corporate business which is “Corporate Treasury Management CTM”. Mr. Abouldahab elaborated that the CTM is a mixture of financial, economic & business related activities responsible for the management of cash resources for any organization aspiring to achieve its strategic targets. He added that the primary goal of treasury management is to efficiently manage the cash and related financial assets of an organization to provide the financial flexibility needed to achieve the organization’s objectives in a manner consistent with its overall strategic plan. About the job of the Corporate Treasurers, Mr. Abouldahab clarified that they are currently playing an increasingly critical role as advisors to their organizations especially as the global/regional companies are looking to centralize the underlying flows to minimize the operating cash required for the effective cash management of the company. After his presentation, a rich discussion was opened between Mr. Aboueldahab and the students. It focused on how the function of the Corporate Social Responsibility (CSR) is practiced through the “corporate treasury management”. Mr Abouldahab also gave a hint about ‘Corporate Governance and Ethical Management Practices’ and he indicated with several examples that this is actually practiced through the anti- bribery and anti-terrorism policies as one of the main guidelines of the “Corporate Treasure Management” that aim at making sure that the corporate transactions, cash investments and products never being penetrated or vitiated by such criminal activities.