Overall Winner – Cargill Asia Pacific Treasury Ltd, Nyet Sian Kiew, in partnership with Deutsche Bank. Highly Commended Winner – Carlsberg Singapore Pte Ltd, Dawn Hoe, in partnership with Citi. This category incorporates any relationship (internal as well as external) managed by the treasury function, such as investor relations, employee relations, ratings agencies, procurement etcetera, in addition to the core bank(s)/other service provider(s) relationships. Economic turmoil and the recent coronavirus pandemic have certainly focused minds on the value of relationships.