Lonmin has appointed its chief financial officer (CFO) Simon Scott as acting chief executive officer (CEO) of the platinum mining company, as it deals with the fallout of a strike at its South African mine. Scott will take over from CEO Ian Farmer, who has commenced a course of medical treatment. The company said in a statement that “it will be some months before he is able to return to work full-time.”
Scott will be supported by the existing team of executive vice presidents (EVPs) and the executive committee, which will continue to include both chairperson Roger Phillimore and chief operating officer (COO) Mahomed Seedat.
Today CGI and GTNews have announced the launch of the fifth annual Transaction Banking survey report, which offers which offers critical insight into the corporate-to-bank relationship.
On-Demand Treasury Management Solutions continue to gain increased adoption in the US and EMEA regions.
Treasurers are being expected to do more work with fewer resources than ever before, so it is little wonder that the automation of day-to-day operations was highly discussed on the second day of EuroFinance, the annual treasury event held in Barcelona this week.
Chicago based Treasury Management System (TMS) vendor GTreasury and Sydney based risk and treasury management vendor Visual Risk have joined forces in a strategic alliance to ... read more