The PFM Group, a US provider of independent financial advisory services to governments and non-profit organisations, has named Robert Delany as a managing director and chief financial officer (CFO).
Delany’s hiring is the result of an extensive search for an executive with his experience, and reflects both PFM’s robust growth and the firm’s commitment to continuing to build on a solid financial platform. He was most recently CFO and chief operating officer (COO) for Sciens Capital Management, where he managed strategic planning, acquisitions and corporate development. Prior to that, he managed similar functions as executive vice president (EVP) and COO for European operations for American Financial Realty Trust/European Financial Realty.
Delany holds both a BSc degree in Accounting and a MSc degree in Finance from Drexel University, LeBow College of Business in Philadelphia, where he also previously served as an adjunct professor.
Cash-flow based metrics now feature prominently alongside traditional revenue measures of business performance in the key figures or financial summary pages of any public company.
GTNews asks Pugsley about what advice she would give to treasurers dealing with mergers and acquisitions, what the key challenges for her year ahead will be and how she is selecting a treasury management system (TMS).
The US money market fund reforms came into effect in 2016 and are already dramatically shaping US fund industry with investors flooding out of prime funds and into government securities. While the reforms are similar, they are not the same. GTNews interviews Yeng Bulter, global head of the cash business at State Street Global Advisors on the differences.
Tim de Knegt, strategic finance and treasury manager for the Port of Rotterdam, discusses how he is using blockchain, the challenges he will face in his role of treasury over the next 12 months and the advice he would give to someone starting out their career in treasury.