Set-up of Treasury Department & Treasury management system implementation

Company overview

The client is a leader in the lifestyle and techonology industries across the Middle East. Companies it its lifestyle portfolio includes famous establishments like Cavalli Club, Cavalli Caffe, Cirque le Soir and Lina’s Café.

Engangement Details

The group was preparing for a significant period of change and felt it was the right time to establish a treasury function.

Cugavadi acted as the interim Group Treasurer as the new treasury function was established.

Solution

Selection & implementation of a Treasury Management System

Design and implementation of cash flow forecasting model

Development of Treasury Policies

Dedicated training programme for the new Treasury staff

Provide ad-hoc treasury consultancy services