Topic: Keys to the Kingdom: Maximum Autonomy, Control, Access; Minimum Oversight
Topic Description:
Treasury leaders are trusted and credible professionals within an organization. Often working under the radar, treasury professionals are known in small circles for their unique skills and both strategic and operational knowledge. They often work directly with executive management and consult with leaders, cross-enterprise, on all finance-related matters. Together with their small but mighty teams, treasurers hold a great deal of control and authority to access financial information and systems - and unparalleled access to move large amounts of cash around the world. In many cases, treasurers personally develop relationships with internal and external business partners, contingencies and procedures, and design dual authentication and dual access contingency plans. In many ways, treasury professionals hold the keys to the kingdom.
But what would happen if a treasury professional leaves suddenly or unexpectedly? How will the company consolidate and regain control of all points of access, authority and control – and potential vulnerabilities? Who will effectively and efficiently contact all business partners and disable all access, privileges and rights in a timely manner in accordance with company guidelines and other mandates? Would company executives know what to do if a breach were to occur?
Three 20+ years treasury management industry veterans and advocates will address the types of authority and levels of access and control that treasurers hold, as well as risks to the company, business partners, clients and other constituents. Procedures and third-party tools for top executives to minimize those threats will also be outlined.
Speakers:
Laurel Egan Kenny, MSCM, MBA; President, Turningpoint Communications
Laurel Egan Kenny, MSCM, MBA, is Founder and President of Turningpoint Communications, a national treasury management-focused marketing and training firm promoting clients’ best practices and thought leadership, as well as engaging their key constituents in unexpected and compelling ways – through education, in marketing and sales communications, at strategic events, in the media and in the communities they serve. In short, Laurel helps her clients to sell themselves, sell solutions to their customers’ business challenges and to sell value propositions.
Laurel founded Turningpoint in 2008 after 13 years’ building and leading marketing and sales teams for two global Fortune 100 financial services firms in wealth and treasury management divisions. Laurel built out, led and grew the commercial marketing and business development servicing discipline at Sovereign Bancorp (now Santander) and, as a founding member of wealth management servicing division at State Street Corporation, she built and grew a business development and relationship management team that increased assets under administration from $0 to $150 Billion in two years.
Laurel shares her marketing / communications and management talents locally, regionally and nationally, serving multiple Boards of Directors for Regional Association for Financial Professionals Associations, including those in New England, Dallas, Chicago, New York, Mid Atlantic and Great Lakes. She is past President and 10 year and current Board member for the Marshfield Chamber of Commerce and the South Shore (Boston, MA) Young Professionals. She also led a four-year management, marketing and management transformation of the South Shore Chamber of Commerce as Chief Operating Officer.
Laurel is known for connecting people and for bringing heavy hitters from multiple perspectives together to present timely and compelling treasury and finance, marketing and business development topics nationally for customers and conferences, alike. She earned three degrees: MBA (Innovation and Entrepreneurship), MS (Communications Management) and BA (English and Communications), from Simmons University, Boston. She also earned tow certificates: Executive Leadership and Performance Leadership from Cornell University in New York. She resides on the south shore of Boston, Massachusetts with her family.
Audrey Cosgrove, Director, Treasury Operations, Creighton University
Audrey Cosgrove is Director, Treasury Operations at Creighton University and current President of Nebraska AFP. Prior to her work in treasury, she worked at Omaha’s Joslyn Art Museum and The Durham Museum in the curatorial & education programs. She also served as Activities Director at an Assisted Living facility before pursuing a path in corporate banking. She began as an administrative assistant in the Agribusiness and Renewable fuels branch of FNBO, before working her way up to a Corporate Treasury associate implementing products and training customers on treasury products. Audrey earned a B.A. in Theatre Arts from Hastings College.
Raymond Vines, CPA, CTP, MSA
Trainer, Turningpoint Communications
Adjunct Instructor TM and FP&A, Coburg University
Adjunct CTP Instructor, Rice University,
AFP Instructor, The Treasury Academy
Ray brings 30 years’ corporate treasury experience (and honesty) to bear for Turningpoint Communications’ treasury management sales trainees, customers, customers’ clients and other key constituents as the “voice of the client” for programs, documentation and high-touch client experiences. Ray is also an instructor for AFP’s CTP, Treasury Learning System Instructor-led courses, educating hundreds of prospective CTP candidates each spring and fall for Rice University and the University in Germany. Previously, Ray served as Director of Treasury for Dean Foods, Dallas TX, for seven years, where he was responsible for leading treasury operations and his team, managing internal and external relationships and continuous process improvement. Prior to Dean Foods, Ray spent 20 years at RadioShack as Director of Treasury Operations. Ray is an active participant in enhancing the role of treasury management as an industry and career through his participation on industry roundtables and his leadership of the Dallas AFP, including his role as past president of the organization. Ray co-chaired the award-winning TEXPO conference in Dallas in 2018, leading all technological, marketing and communications aspects of the conference and was a key member of the content team for #DallasTEXPO2023. Ray holds a BS in Finance and MS in Accounting from University of Texas and lives and works in the Dallas / Fort Worth area. Ray is also a WSET Level 3 Advanced (Wine & Spirits Education Trust) Wine and Spirits Certified instructor, Ray customizes courses in wine / spirits etiquette for financial audiences and executives.
