The Treasury Career Corner

Global treasury leaders are operating in one of the most complex financial environments in decades. Volatility, evolving risks, and growing strategic expectations mean treasury must balance liquidity, risk management, and long-term value creation more carefully than ever.

In this episode, Deepali Chawla, Chief Treasury Officer shares how she navigates these challenges while leading the global treasury function at Moody’s Corporation.

Deepali Chawla is the Chief Treasury Officer at Moody’s Corporation, where she leads the company’s global treasury function. She brings extensive experience in treasury strategy, financial risk management, and liquidity oversight, along with an international career spanning multiple markets and leadership roles.

In this episode of the Treasury Career Podcast, host Mike Richards speaks with Deepali about her journey into treasury and her leadership role at Moody’s. She shares insights on leading a global treasury function, managing risk and liquidity in a volatile environment, and how treasury has evolved into a more strategic business partner.

Deepali also discusses the role of technology and forward planning in modern treasury, along with the mindset and skills needed to build resilient teams and successful treasury careers.

What We Cover in This Episode:

• Deepali’s early career journey and transition into treasury
• Building a career internationally and adapting to new environments
• The evolving role of treasury within global organisations
• Leading the treasury function at Moody’s
• Managing financial risk and liquidity in a complex global environment
• The importance of forward planning and preparing for potential market disruption
• How technology and automation are reshaping treasury operations
• Creating a more strategic and forward-looking treasury function
• Building and developing high-performing treasury teams
• Career advice for professionals looking to grow within treasury

You can connect with Deepali Chawla on LinkedIn.

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🌍 EuroFinance International Treasury Management – September 16th-18th 2026, Barcelona – The world's largest treasury event. Save 10% with our exclusive discount code, visit here - https://treasuryrecruitment.com/partners/eurofinance/

👉 Find out more about all our partners: https://treasuryrecruitment.com/partners/

What does it take for a treasurer to earn - and protect - credibility with boards, rating agencies, and banking partners during billion-dollar transactions?

In this episode, we explore how treasury leaders like Stephen Kaufhold, Vice President & Treasurer at Incyte, build trust when the stakes are highest.

Stephen Kaufhold returns to the show, now serving as Vice President & Treasurer at Incyte. When he last appeared, he was SVP & Treasurer at Allergan, leading treasury through significant capital markets activity and transformation. Since then, he has continued to navigate change at scale, bringing experience across financial services, telecom, and pharmaceuticals.

In this follow-up conversation, Stephen reflects on his transition from Allergan to Incyte and shares how treasury builds and sustains credibility during defining corporate moments.

We discuss capital allocation in pharma, managing leverage through large-scale transactions, and staying strategically relevant in an evolving financial landscape. Stephen also outlines how treasury professionals can deliberately build the exposure, skills, and judgment required to lead at the highest levels - from rating agency presentations to boardroom financing decisions.

What We Cover in This Episode:

• Transitioning from Allergan to Incyte and navigating corporate transformation
• Financing multi-billion-dollar acquisitions and divestitures
• Presenting capital structure strategies to boards and audit committees
• Building and maintaining credibility with rating agencies
• Capital allocation priorities in pharma: R&D, business development, debt reduction and buybacks
• Operating in both investment-grade and non-investment-grade environments
• Developing and mentoring treasury teams for long-term success
• The importance of broad treasury exposure across cash management, capital markets and securitization
• Navigating compressed deal timelines and capital markets volatility
• The evolving impact of AI, crypto, and cybersecurity on treasury

You can connect with Stephen Kaufhold on LinkedIn.

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🎓 Exclusive discount on CTP & FPAC – Visit our AFP partner page to find out how much you can save: https://treasuryrecruitment.com/partners/afp/

💡 Earn CTP credits just by listening – Selected episodes of the Treasury Career Corner are AFP-accredited. Listen, take a short quiz, score 80% or more, and we'll send you your free certificate.

🌍 EuroFinance International Treasury Management – September 16th-18th 2026, Barcelona – The world's largest treasury event. Save 10% with our exclusive discount code, visit here - https://treasuryrecruitment.com/partners/eurofinance/

👉 Find out more about all our partners: https://treasuryrecruitment.com/partners/

What does it really take to build a global, state-of-the-art corporate treasury from the ground up - and then lead it through a global pandemic, digital transformation, and the rise of AI?

In this returning guest episode, Julien Muet, Head of Corporate Finance & Treasury at TÜV Rheinland Group, shares how he built and transformed a global treasury function - and what seven years of leadership, crisis management, and modernization have taught him.

Julien Muet leads the global corporate finance and treasury function at TÜV Rheinland Group, a multinational testing, inspection and certification organization operating across industries worldwide.

Since stepping into the role, he has centralized governance, strengthened liquidity structures, modernized systems, and positioned treasury as a strategic partner to the business.

Seven years after first joining the show, Julien returns to share how he built TÜV Rheinland Group’s treasury function from scratch, navigated the COVID-19 liquidity crisis, and modernized operations through automation and AI.

From securing liquidity during uncertainty to embedding technology and strengthening leadership culture, this episode is a practical look at what modern treasury transformation really requires.

What We Cover in This Episode:

• Building and centralizing a global treasury function
• Designing and executing a multi-year treasury strategy
• Strengthening liquidity through revolving credit facilities and crisis financing
• Leading treasury through the COVID-19 pandemic
• Implementing automation and integrating treasury systems
• Applying AI in treasury: bots, forecasting, and reporting
• Leadership evolution: humility, team stability, and hiring philosophy
• The future of treasury and the skills professionals need to stay relevant

You can connect with Julien Muet on LinkedIn.

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🎓 Exclusive discount on CTP & FPAC – Visit our AFP partner page to find out how much you can save: https://treasuryrecruitment.com/partners/afp/

💡 Earn CTP credits just by listening – Selected episodes of the Treasury Career Corner are AFP-accredited. Listen, take a short quiz, score 80% or more, and we'll send you your free certificate.

🌍 EuroFinance International Treasury Management – September 16th-18th 2026, Barcelona – The world's largest treasury event. Save 10% with our exclusive discount code, visit here - https://treasuryrecruitment.com/partners/eurofinance/

👉 Find out more about all our partners: https://treasuryrecruitment.com/partners/

Bringing order to financial chaos requires more than policies and processes.

In this episode, Ritu Narula, SVP Finance and Treasurer at Hilco Global, shares how she has built centralized, high-performing treasury and finance teams across geographies and cultures by focusing on what actually works in decentralized organizations.

Ritu Narula is the Senior Vice President of Finance and Treasurer at Hilco Global, a global financial services firm specializing in asset valuation, advisory, and monetization. With over 20 years of experience, including 18 years at Stericycle, Ritu has led treasury transformations across diverse sectors and geographies. From scaling global teams to managing multi-billion dollar deals, she brings a unique blend of hands-on knowledge and strategic leadership.

In this candid conversation, Ritu walks us through her journey from a one-person treasury team to becoming a global finance leader. She shares actionable insights on building centralized treasury operations in decentralized businesses, balancing speed with controls, managing through stress, and adapting leadership styles across cultures.

What We Cover in This Episode:

• Transitioning from a decentralized to a centralized treasury model
• Leading treasury through rapid M&A activity and international expansion
• The difference between public and private company treasury structures
• Building trust and credibility in new roles and new cultures
• Creating shared services from scratch and integrating global operations
• Lessons in situational leadership and letting go of control
• Treasury technology: from Excel chaos to automation and analytics
• Cultural nuances in global banking and regional operations
• Training and mentoring the next generation of finance professionals

You can connect with Ritu Narula on LinkedIn.

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Subscribe on your favourite platform:

CLICK HERE for 🎧Spotify Podcasts

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🎓 Exclusive discount on CTP & FPAC – Visit our AFP partner page to find out how much you can save: https://treasuryrecruitment.com/partners/afp/

💡 Earn CTP credits just by listening – Selected episodes of the Treasury Career Corner are AFP-accredited. Listen, take a short quiz, score 80% or more, and we'll send you your free certificate.

🌍 EuroFinance International Treasury Management – September 16th-18th 2026, Barcelona – The world's largest treasury event. Save 10% with our exclusive discount code, visit here - https://treasuryrecruitment.com/partners/eurofinance/

👉 Find out more about all our partners: https://treasuryrecruitment.com/partners/

What does it take to lead treasury during a once-in-a-generation investment cycle?

In this episode, we chat with Andrew Binnie, Group Treasurer at SSE plc and uncover how treasury is powering SSE’s £33 billion transformation - driving strategy, navigating funding, and building purpose-led teams.

This week’s guest is Andrew Binnie, Group Treasurer at SSE plc. With an impressive career spanning Vodafone, BT, and now SSE, Andrew has led treasury through large-scale corporate transformations, capital market transactions, and strategic reorganizations.

Andrew shares the inside story of his transition to SSE and how he’s leading the treasury function through one of the UK’s largest investment programs in energy infrastructure. From IPOs and hybrid capital to leadership philosophies and capability building, this episode offers a masterclass in treasury leadership during transformation.

What We Cover in This Episode:

• SSE’s £33bn “Transformation for Growth 2030” investment plan
• Treasury’s role in funding £15bn of that investment through debt and hybrid capital
• Building and integrating high-performing treasury teams
• Leading with clarity, purpose, and a co-created team vision
• Andrew’s lessons from Vodafone’s M&A, IPO, and high-yield ventures
• How BT’s £25bn fiber investment reshaped its treasury function
• Career insights: when to take risks, and when to build foundations
• Why strong leadership and aligned values matter more than job titles
• The importance of communication, planning, and preparation in treasury
• Treasury’s evolving role: from support function to strategic enabler

You can connect with Andrew Binnie on LinkedIn.

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🎓 Exclusive discount on CTP & FPAC – Visit our AFP partner page to find out how much you can save: https://treasuryrecruitment.com/partners/afp/

💡 Earn CTP credits just by listening – Selected episodes of the Treasury Career Corner are AFP-accredited. Listen, take a short quiz, score 80% or more, and we'll send you your free certificate.

🌍 EuroFinance International Treasury Management – September 16th-18th 2026, Barcelona – The world's largest treasury event. Save 10% with our exclusive discount code, visit here - https://treasuryrecruitment.com/partners/eurofinance/

👉 Find out more about all our partners: https://treasuryrecruitment.com/partners/

What if your treasury function could run smarter, not harder?

David Mazzola, Head of Treasury at Norstella shows how a systems-first mindset turned chaotic spreadsheets into scalable, global treasury operations - and how you can do the same.

David Mazzola is the Head of Treasury at Norstella, a global pharma intelligence solutions provider.

Known for being “tech-obsessed,” David has led treasury transformations across insurance, tech, and pharma by embedding systems thinking into every function he touches.

In this episode, David shares how a deep interest in technology shaped his unconventional path into treasury and helped him drive transformation at companies like QBE, Spotify, and now Norstella.

You’ll hear how he implemented treasury management systems across global teams, why many organizations fail at tech adoption, and how automation tools like RPA can radically reduce manual workloads.

If you’re a treasury professional looking to modernize your function - or just want to understand how to lead with systems thinking - this episode is packed with practical strategies and real-world lessons.

What We Cover in This Episode:

• How David transitioned from banking operations into corporate treasury
• Early lessons from building treasury systems from scratch at QBE
• Why many treasury functions fail at tech adoption - and how to avoid it
• Implementing KYRIBA across global regions and its organizational impact
• What David learned by contrasting organic treasury builds (like Spotify) with post-M&A integrations (like Norstella)
• How robotic process automation (RPA) helped slash 20 hours of work into 45 minutes
• Balancing urgency with control when building treasury infrastructure fast
• Why treasury leaders must keep their eyes on liquidity, risk, and future scaling
• David’s take on the future of treasury - from AI to blockchain to better B2B payment flows

You can connect with David Mazzola on LinkedIn.

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🎓 Exclusive discount on CTP & FPAC – Visit our AFP partner page to find out how much you can save: https://treasuryrecruitment.com/partners/afp/

💡 Earn CTP credits just by listening – Selected episodes of the Treasury Career Corner are AFP-accredited. Listen, take a short quiz, score 80% or more, and we'll send you your free certificate.

🌍 EuroFinance International Treasury Management – September 16th-18th 2026, Barcelona – The world's largest treasury event. Save 10% with our exclusive discount code, visit here - https://treasuryrecruitment.com/partners/eurofinance/

👉 Find out more about all our partners: https://treasuryrecruitment.com/partners/

What separates a treasury leader from a scorekeeper?

In this episode, you’ll learn how to step out of the traditional treasury box and drive strategic, high-impact results across your organization - straight from Scott Paredes who’s done it across multiple industries.

Scott Paredes is a seasoned finance and risk management executive known for his innovative strategies and for leading high-performing treasury teams across global organizations. Throughout his career, Scott has consistently positioned treasury departments at the forefront of business transformation.

He pioneered multiple first-of-their-kind capital markets transactions - including the first Sustainability-Linked Asset Based Loan and was recognized with a 2022 Alexander Hamilton Award by Treasury & Risk for developing a cutting-edge cyber-fraud prevention solution.

Host Mike Richards sits down with Scott to explore his multifaceted treasury journey - from leading funding strategies in Latin America to pioneering sustainability-linked lending and combatting cyber fraud. Scott shares how thinking differently, collaborating internally, and continually evolving treasury strategy can move the function from back-office to business-critical.

What We Cover in This Episode:

• Scott’s unique journey working alongside his twin brother in treasury
• Lessons from managing liquidity and FX through 9/11 and global crises
• Launching new asset classes in underdeveloped capital markets
• How Scott approached massive M&A integration and refinancing at Ensco
• Implementing the first sustainability-linked asset-based loan at Southwire
• Real-world fraud prevention strategies that won awards
• Creative cash flow improvements through customer partnerships
• Why AI and cyber controls are central to treasury’s future
• Career-building strategies for aspiring treasury leaders

You can connect with Scott Paredes on LinkedIn.

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🎓 Exclusive discount on CTP & FPAC – Visit our AFP partner page to find out how much you can save: https://treasuryrecruitment.com/partners/afp/

💡 Earn CTP credits just by listening – Selected episodes of the Treasury Career Corner are AFP-accredited. Listen, take a short quiz, score 80% or more, and we'll send you your free certificate.

🌍 EuroFinance International Treasury Management – September 16th-18th 2026, Barcelona – The world's largest treasury event. Save 10% with our exclusive discount code, visit here - https://treasuryrecruitment.com/partners/eurofinance/

👉 Find out more about all our partners: https://treasuryrecruitment.com/partners/

What does it take to transform a lean, manual treasury operation into a global, scalable powerhouse supporting 40+ markets?

Alex Chalmers, Group Treasurer at Inchcape, shares how he did just that - while navigating complex M&A, implementing automation, and building regional treasury leadership around the world.

Alex Chalmers is the Group Treasurer at Inchcape, the world’s leading independent automotive distributor. With a career spanning Vodafone, Subsea7, and private equity-backed ventures, Alex brings deep expertise in building treasury functions that align with dynamic, fast-growing global businesses.

In this episode of the Treasury Career Corner, Alex takes us through his treasury journey, from entering the field “by accident” to leading Inchcape’s treasury function through major growth and transformation.

You’ll hear how he modernized systems, scaled operations across continents, and handled a £1.3B acquisition - while still staying hands-on with regional treasury realities.

What We Cover in This Episode:

• How Alex transitioned from accounting to treasury - and why it stuck
• Early lessons from Vodafone and Subsea7 on cash visibility and project health
• Treasury in a PE-backed business vs. a listed global company
• Building a modern treasury function from the ground up at Inchcape
• Managing treasury across 40+ markets with regional leadership
• The importance of TMS, payment platforms, and automation
• Financing a £1.3B acquisition and preparing for market debut bonds
• The role of stablecoins and digital payments in emerging markets
• Developing yourself as a senior treasury leader
• Why curiosity, simplification, and networking are core to treasury success

You can connect with Alex Chalmers on LinkedIn.

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🎓 Exclusive discount on CTP & FPAC – Visit our AFP partner page to find out how much you can save: https://treasuryrecruitment.com/partners/afp/

💡 Earn CTP credits just by listening – Selected episodes of the Treasury Career Corner are AFP-accredited. Listen, take a short quiz, score 80% or more, and we'll send you your free certificate.

🌍 EuroFinance International Treasury Management – September 16th-18th 2026, Barcelona – The world's largest treasury event. Save 10% with our exclusive discount code, visit here - https://treasuryrecruitment.com/partners/eurofinance/

👉 Find out more about all our partners: https://treasuryrecruitment.com/partners/

What does it really take to build a treasury function from the ground up in a fast-moving tech company? And why is the mindset of “Fix the Now, Plan for Next” a game-changer for treasury leaders navigating scale and uncertainty?

In this episode, we sit down with Michael Scott, Senior Director of Treasury at Toast, whose impressive resume spans industry giants like Dell, HomeAway, Expedia, Dropbox, and Fastly.

Michael Scott is the Senior Director of Treasury at Toast where he leads global liquidity, capital markets, investments, and risk management. He’s built his career around scaling treasury functions, strengthening financial resilience, and advancing automation across fast-growing technology companies.

Before joining Toast, Michael led treasury teams at Dropbox, Fastly, Expedia, and Dell.

His story is a masterclass in building, scaling, and future-proofing treasury teams that don’t just survive - but thrive - through rapid change and disruption.

In this conversation, Michael walks us through his approach to starting up treasury from scratch, shares how he led Expedia’s treasury response to the COVID-19 crisis, and explains how those lessons are shaping his leadership at Toast today.

What We Cover in This Episode:

• Michael’s unconventional entry into finance from a career in radio and media
• How his MBA experience clarified his path into corporate treasury
• Lessons from Dell’s treasury team and its emphasis on mentorship and rotation
• Building a treasury function from the ground up
• How Michael led the treasury response to COVID-19 at Expedia, helping raise $4B in capital
• Transitioning to Dropbox and leading a cost-saving transformation project
• Why Toast’s growth stage required hiring for scale and embedding a strategic mindset
• How Michael assesses treasury talent and builds high-performing teams
• His approach to implementing treasury technology and evaluating TMS platforms
• The leadership shift from being a hands-on doer to managing parallel transformation streams
• Michael’s advice for junior finance professionals entering the treasury world

You can connect with Michael Scott on LinkedIn.

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🎓 Exclusive discount on CTP & FPAC – Visit our AFP partner page to find out how much you can save: https://treasuryrecruitment.com/partners/afp/

💡 Earn CTP credits just by listening – Selected episodes of the Treasury Career Corner are AFP-accredited. Listen, take a short quiz, score 80% or more, and we'll send you your free certificate.

🌍 EuroFinance International Treasury Management – September 16th-18th 2026, Barcelona – The world's largest treasury event. Save 10% with our exclusive discount code, visit here - https://treasuryrecruitment.com/partners/eurofinance/

👉 Find out more about all our partners: https://treasuryrecruitment.com/partners/

What does it take to lead treasury at a global manufacturing powerhouse known for constant expansion?

In this episode, we uncover the operational discipline, strategic thinking, and career moves that shaped Bert Jameson’s path to becoming Vice President and Corporate Treasurer at Ingersoll Rand.

Bert Jameson is the Vice President and Corporate Treasurer at Ingersoll Rand. With a career that spans high-impact roles at Cargill, Buffalo Wild Wings, and Winnebago, Bert has built treasury functions from scratch, led billion-dollar bond issuances, and helped guide complex M&A transactions - all while staying grounded in the fundamentals of financial leadership.

In this conversation, Bert walks through his journey from accounting and tax into the world of treasury, sharing how key career moves, mentorship, and adaptability shaped his rise to leadership.

He reveals how treasury operates at the heart of business growth and explains the systems and mindset that allow him to support global operations and fast-paced corporate development.

What We Cover in This Episode:

• How Bert pivoted from tax to treasury through initiative and education
• The skillsets he developed on Cargill’s corporate treasury advisory team
• Early exposure to valuations, deal structuring, and bond issuance
• Moving from big food and hospitality brands into cyclical manufacturing
• Building a treasury function from the ground up at Buffalo Wild Wings
• Supporting global operations through a scalable treasury playbook
• The role of treasury in M&A - from pre-close due diligence to post-close integration
• Bert’s “Three Pillars of Treasury” framework
• The cautious role AI is beginning to play in cash forecasting and operations
• The importance of being a mentor and strategic career planner

You can connect with Bert Jameson on LinkedIn.

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🎓 Exclusive discount on CTP & FPAC – Visit our AFP partner page to find out how much you can save: https://treasuryrecruitment.com/partners/afp/

💡 Earn CTP credits just by listening – Selected episodes of the Treasury Career Corner are AFP-accredited. Listen, take a short quiz, score 80% or more, and we'll send you your free certificate.

🌍 EuroFinance International Treasury Management – September 16th-18th 2026, Barcelona – The world's largest treasury event. Save 10% with our exclusive discount code, visit here - https://treasuryrecruitment.com/partners/eurofinance/

👉 Find out more about all our partners: https://treasuryrecruitment.com/partners/