TMI Awards 2023: Corporate Recognition Award Winners

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Innovation and excellence are essential components of modern corporate treasury. Both can help drive value creation and business growth in an increasingly complex and competitive landscape. This is why the annual TMI Awards continue to recognise the most impactful projects in these twin areas, highlighted by the varied and impressive case studies in this Yearbook.

But in the day and age of AI and progressively smarter digital treasury tools, it is important to remember that innovation isn’t confined to lines of code and algorithms. Rather, it’s a mindset, a culture, a way of working and being – and in many senses, the lifeblood of the profession. Done right, it permeates every facet of treasury management, and generates tangible wins, while moving the industry forward.

The same can be said of sustainability. As we recognise in our Treasury4Good Awards, embracing ESG is not just a case of implementing a policy and adhering to standards. It’s a question of integrating green and clean practices alongside socially progressive initiatives, not to mention promoting diversity, equity, and inclusion at every turn.

All of this can be achieved from within the treasury function – with the right tools, the right opportunities, and the right people.

In fact, people are essential to the creativity that lies at the heart of this year’s award-winning projects. The endless ingenuity and resourcefulness of treasury team members, who harness their expertise to build never-before-seen solutions, or to find paths around obstacles, never fails to impress.

What’s more, teamwork is essential for achieving excellence in corporate treasury. Collaborative efforts among treasury functions, procurement, sustainability teams, IT specialists, banks, vendors, and other stakeholders are instrumental in implementing innovative projects and overcoming challenges.

Cross-functional teams also bring together diverse perspectives and skill sets, fostering creativity and supporting a culture of continuous improvement.

In short, groundbreaking projects such as these highlight the importance of human intelligence in achieving transformative outcomes. They also showcase the collective dedication and expertise of treasury professionals working towards a common goal. Congratulations to all our winners!