Corporate Treasury 101

Episode 272: His Treasury Department navigated a Cyber-Attack, Covid, and Fraud within 6 months.


Listen Later

In this episode of Corporate Treasury 101, we explore how treasurers navigate extreme crises. From cyberattacks and corporate fraud to the impact of COVID-19, Matt Cornwall shares firsthand lessons in crisis management, leadership, and the evolving role of treasury operations.

Matt Cornwall is a seasoned finance professional with over 25+ years of experience, transitioning from Chartered Accountant to Treasurer just before the global financial crisis. He has held key treasury roles at companies like Virgin Atlantic and Travelex, where he managed through a cyberattack, financial fraud, and the pandemic. Matt is now Head of Treasury Operations for EMEA at Chubb, the world's largest property and casualty insurer.

Expect to Learn
  • The Unexpected Path to Treasury: How Matt transitioned from accounting to treasury, and why he never looked back.
  • Surviving a Cyberattack: The inside story of the Travelex ransomware attack and how Matt’s team managed operations with no systems.
  • Crisis Leadership: Strategies for leading a team through uncertainty, from cyberattacks to global pandemics.
  • Treasury and Technology: How modern treasury operations rely on technology, and what happens when it all fails.
  • Lessons in Resilience: What Matt learned about communication, leadership, and adaptability during the toughest period of his career.

Episode Breakdown with Timestamps

[00:00:00] - Introduction & Treasury Career Trends

[00:00:57] - Meet Matt Cornwall: From Accounting to Treasury

[00:03:45] - The Role of Qualifications in Treasury

[00:05:37] - The Travelex Cyberattack: A Real-Life Crisis

[00:10:46] - Managing Treasury Without Systems

[00:14:13] - Unexpected Challenges Beyond the Cyberattack

[00:27:08] - Financial Fraud at the Parent Company

[00:30:52] - The COVID-19 Impact on Treasury Operations

[00:39:09] - Leadership in Crisis: Communication & Trust

[00:47:40] - Life After Travelex: Matt’s Current Role at Chubb

[00:49:32] - Closing Thoughts & How to Connect with Matt

Follow Matt Cornwall on Socials: 
  • Linkedin: https://www.linkedin.com/in/matt-cornwall-6447521/ 
  • Website: https://www.chubb.com/us-en/ 

Follow Corporate Treasury 101:

  • Website: https://corporate-treasury-101.com/ 
  • LinkedIn:https://www.linkedin.com/company/86645197/admin/dashboard/  

Follow Hussam & Guillaume:

  • Hussam on LinkedIn: https://www.linkedin.com/in/hussam-ali-6bb69186/ 
  • Guillaume on LinkedIn: https://www.linkedin.com/in/guillaume-jouvencel/ 
  • Gha Marketing Website: https://ghapodcast.com/ 

----------------------------------------------------------------------------------

Get $100 off any AFP product, including their CTP Exam Prep Platform, using our discount code! Find this and More on our partner's page

https://www.corporate-treasury-101.com/partners-page

...more
View all episodesView all episodes
Download on the App Store

Corporate Treasury 101By Guillaume and Hussam

  • 5
  • 5
  • 5
  • 5
  • 5

5

2 ratings


More shows like Corporate Treasury 101

View all
WSJ Your Money Briefing by The Wall Street Journal

WSJ Your Money Briefing

1,718 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

532 Listeners

WSJ What’s News by The Wall Street Journal

WSJ What’s News

4,357 Listeners

Pivot by New York Magazine

Pivot

9,502 Listeners

The Daily by The New York Times

The Daily

112,351 Listeners

WSJ Minute Briefing by The Wall Street Journal

WSJ Minute Briefing

674 Listeners

Animal Spirits Podcast by The Compound

Animal Spirits Podcast

2,014 Listeners

Wall Street Breakfast by Seeking Alpha

Wall Street Breakfast

1,035 Listeners

The Treasury Update Podcast by Strategic Treasurer

The Treasury Update Podcast

49 Listeners

The Treasury Career Corner by Mike Richards

The Treasury Career Corner

23 Listeners

FT News Briefing by Financial Times

FT News Briefing

677 Listeners

TreasuryCast by TMI - Treasury Management International

TreasuryCast

4 Listeners

The Prof G Pod with Scott Galloway by Vox Media Podcast Network

The Prof G Pod with Scott Galloway

5,486 Listeners

All-In with Chamath, Jason, Sacks & Friedberg by All-In Podcast, LLC

All-In with Chamath, Jason, Sacks & Friedberg

9,862 Listeners