Council team’s global awards
An ambitious multi-year project to manage treasury-related risks has earned Auckland Council two prestigious awards.
It won the titles at the Awards for Global Corporate Treasury 2013, including the coveted Judges’ Choice Award.
The team took out the Funding the Organisation Award for its transformation of treasury funding in the three years following the 2010 Auckland Council amalgamation, as well as the overall Judges’ Choice Award.
The awards attracted 71 entries from 53 different international corporate treasury departments, spanning nine different categories.
‘‘This global recognition is an outstanding result not only for council and the local government sector in New Zea- land, but also for Auckland ratepayers who can be confident that we have a worldclass treasury team that manages the cash flow and investment and secures the best borrowing rates for council,’’ council chief finance officer Andrew McKenzie says.