Adam Smith Awards Asia – winners podcast series

This category looks at foreign exchange and solutions corporates are deploying to tackle the continuing challenges of currency volatility. From technology to new processes, change to a hedging strategy or a new FX requirement as a result of entering a new market or dealing with a new currency and/or client or supplier could drive the solutions here. Overall Winner – Olam International Ltd., Amit K...

Efficient working capital is a key challenge for corporates of all shapes and sizes. This is all about improving key performance indicators (KPIs) of DPO, DSO, DIO, DWC and the cash conversion cycle. Overall Winner – SAIC International Finance Ltd. Their partner Standard Chartered speaks about their winning collaboration and solution. Highly Commended Winner – SRF Limited, Sugandha Singhal, Global...

Any solution which demonstrates how the company manages or forecasts its cash is recognised here. At the heart of treasury sits cash management and "Cash is King" is a frequently used phrase. This is therefore a consistently popular category amongst our nominees. Overall Winner – Beigene, Cecilia Li, Head of Global Treasury, in partnership with J.P. Morgan. Highly Commended Winner – Eato...

This category acknowledges the special relationship between buyer and seller. Letters of credit, guarantees and open account trading are common. We are now seeing much greater use of automation in traditionally paper-based processes. Blockchain is also seeing some traction in the trade space. Overall Winner – Cummins Technologies India Pvt Ltd, Keirobium Dasan, ABO Treasury, in partnership with Ba...

Treasury solutions implemented, or in the process of being implemented, in India are showcased here. Overall Winner – Jörg Bermüller, VP, Group Treasury, Head of Cash and Risk Management – Merck KGaA, in partnership with Deutsche Bank. Highly Commended Winner – Yiyong Wu, Group Treasury Head – Xiaomi Corporation, in partnership with Citi. Highly Commended Winner – Jai Shukla, India Treasurer – ATC...

Here we showcase treasury solutions implemented, or in the process of being implemented, in the PRC. Winner - Vitesco Technologies Holding China Co. Ltd., Jeremy Zhu, Head of Central Finance and Controlling, in partnership with J.P. Morgan. Highly Commended – Aihuishou International Company Ltd. Their partner Kyriba speaks about their winning solution and collaboration. Highly Commended – Starbuck...

This is another new category in 2021 to not only encompass cards but to recognise the emerging cash replacement solutions such as e-cash, digital currencies (crypto-currency/bitcoin) and e-wallets. The winning solution, including virtual cards, could cover any aspect of corporate cards and how they are being used to improve the T&E processes. Best e-Cash Solution Overall Winner – Deutsche Post...

Here we look at liquidity solutions such as cash pooling structures. Some are single country/single currency, single entity whilst some corporates have implemented multi-country/multi-currency/multi entity and even cross-currency arrangements which "follow the sun". Overall Winner – Goodyear, Jane Hua, Treasury – Global Cash Management, in partnership with J.P. Morgan. Highly Commended W...

Overall Winner – Henkel, Sophie Yang, APAC Regional Treasurer, Asia Pacific, in partnership with Citi. Highly Commended Winner – Syngenta Asia Pacific Pte Ltd, Lim, Mui Lai, Asia Pacific Treasurer, Lukas Krattinger, APAC Head of Financial Solutions and Business Development and Carlos Parra Santos, Global Finance Business Partner, Direct Procurement, in partnership with Citi. Highly Commended Winne...

Overall Winner – Goodyear, James Ho, Regional Cash Management Manager & Japan Treasurer, in partnership with Citi. Highly Commended Winner – China Duty Free International. Their partner Bank of China (Hong Kong) speaks about their winning solution and collaboration. Highly Commended Winner – Asahi Beverages, Michael Ewison, Group Treasurer. A new category in 2021 and here we explore treasury s...

Technology is a key component in many of the submissions we receive and is always a hotly contested category. We see projects ranging from the use of APIs and RPA to full-blown treasury technology transformation involving TMS and ERP integration and much more. Highly Commended Winner – SF Holding. Their partner Bank of China (Hong Kong) speaks about their winning solution and collaboration. Highly...

Overall Winner – Flex, Yvione Zhou, Regional Treasury Director. This is awarded by our judges to recognise a project or solution that demonstrates something particularly special, outside of our defined categories. It could be something not seen previously or, as is the case this year, our judges were impressed with a 'Smart Treasury' solution having been developed entirely in-house.

Overall Winner – Cell Signaling Technology, Jane Zhao, Director of Finance, in partnership with Bank of America. You do not need to be a large, major multinational or conglomerate to qualify, as our new category Best SME/MME Treasury Solution illustrates perfectly. Many of the solutions we see being deployed by the larger organisations are now filtering down to the SME/MME sectors. For the purpose...

Overall Winner – AIA Group, Gary Gray, Head of Treasury Operations. Risk continues to be top of every treasurer’s agenda. From foreign exchange risk, counterparty risk, commodity risk and interest rate risk to cyber risk, reputational risk and supply chain risk, all are covered here. It feels like corporates have never had more risks to manage, making this an ever- increasing critical responsibili...

Overall Winner – Takeda Pharmaceuticals Co., Miho Kumazawa, Lead Treasury Operations APAC and Japan, in partnership with Citi and Amundi. This category is extended to include short, medium and long-term investments to showcase how organisations have optimised and/or diversified their investment portfolio, particularly important in a low/negative interest rate environment. We look at how they have...

Overall Winner – Balagopal Kunduvara, Divisional VP, Financial Services, Singapore Airlines Ltd, in partnership with DBS. Highly Commended Winner – Zheng Yu, Treasury Leader APAC, Philips (China) Investment Co Ltd, in partnership with C2FO. This new category recognises the challenges specifically posed by the COVID-19 pandemic. We wanted to showcase the Herculean efforts that have been demonstrate...

Overall Winner – Mithun Gole, Vice President – Corporate Finance & Treasury, Apraava Energy Pvt Ltd. This category recognises unique talent that is rising up the corporate treasury ranks. The individual may have excelled in a professional qualification and whose trajectory is impressive, with a bright and impactful professional future ahead of them. Perhaps a future Group Treasurer, Finance Di...

Overall Winner – Preet Dhupar, CFO, Ikea India Pvt. Ltd. Our Woman of the Year category recognises a leading corporate treasury woman who demonstrates real innovation and professional achievement. Typifying the essence of Treasury Today Asia's Women in Treasury initiative, this award goes to those who, alongside their career journey, also dedicate themselves to inspire others, giving back and...

In this Episode, we explain the criteria for entry, some tips to aide your submissions and what our judges look for when making their decisions. Nominations are now open and will close on September 6th 2021.

In this Episode, we explore the new categories we have added this year. A full list of categories can be found online at treasurytoday.com. Nominations are now open and will close on 6th September 2021.

We are delighted to launch our Adam Smith Awards Asia 2021 – A Winner's Guide podcast series. In this first short episode I will explain what the Adam Smith Awards Asia are, why you should consider nominating and the key dates for your diaries. Nominations opened on 7th June and will close on 6th September 2021.