Traditionally, treasury has been a middle-office function with limited resources, supporting businesses on financial aspects. However, according to a survey by DBS of 570 senior executives from 15 markets, 94% of respondents say that treasury and finance functions are now pivotal to strategic decision-making and shaping corporate strategy.
The evolving role of treasurers is largely attributed to the accelerated pace of multinationals adapting to Asia’s new environment, characterized by unprecedented supply-chain shifts and geopolitical tension. As companies expand into new geographies, treasurers are at the forefront of managing financial risks and securing the necessary financing.
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