The incoming president of the ACT believes that this is an extraordinarily interesting time for treasurers. Gerry Bacon takes over the role from David Swann on 1 May and says:
Talking to treasurers and people here at the ACT, such as the CEO and the policy and technical team, one realises that the credit crisis is making organisations more aware of the value contributed by good treasurers.
And while some treasurers have always been highly involved in the business, Bacon says the current economic conditions offer a good opportunity for those treasurers who were further removed to become more integrated with, and closer to, the business units and to understand what drives sales and cashflow.
