Jamshedpur, March 14 : Tata Steel has been conferred the ‘Asia’s Best Treasury Team’ award by the Hong Kong based Corporate Treasurer, an independent print publication in Asia dedicated to serving treasury teams and chief financial officers. The publication is published by Haymarket Financial Media.
Sandip Basu, Chief Treasury Management, Tata Steel along with the other members of the Treasury team received the award on behalf of the Company at an event held in Singapore on March 7, 2018.
“To be recognised as Asia’s Best Treasury Team is a wonderful achievement and a testament to the professional skills of Tata Steel’s Treasury team. For a large, multi-geographical Company like ours, managing uncertainty and volatility is key and hence a sound treasury strategy is important. We will continue to pursue best practices and strive for excellence in the future”, said Koushik Chatterjee, Executive Director and Chief Financial Officer, Tata Steel.
The award winners are selected basis attributes including treasury management through innovation, astute forecasting and effective risk management, ability to execute complex corporate treasury operations amid challenging market and regulatory conditions.