ASAA 2022 Citi Yearbook
Overall Winner A Rising Star Gwendolyn Ng, Treasury Manager – Asia Pacific & Middle East Team Danone Phases 2 and 3 are ongoing efforts with the local treasury team to rationalise the collection accounts and automate the payment execution process. Do more with less: innovation in treasury While exploring new digital capabilities for the region, Gwen kept in mind the predominant aim to do more with less. She recognises the importance of utilising digital tools to ease the local treasury teams in their cash management and banking responsibilities. Below are some projects which were deployed regionally: • SWIFT KYC Registry. • SWIFT gpi. • Citi Payment Outlier Detection. Gwen’s other notable accomplishments include implementation of the supply chain financing process in Singapore through close collaboration with procurement, payables and banking stakeholders and overseeing the move of operational activities in the region to the shared service centre in Kuala Lumpur, Malaysia. Continuous improvement mindset Gwen firmly believes in continuous learning and the value of knowledge sharing among treasury members to deliver results. She carries a continuous improvement mindset and is constantly seeking ways to add value to the company. Her fresh perspectives and ability to share her thoughts whilst securing support from her colleagues cutting across various divisions have added significant value to Danone. The company has improved operational visibility, control and standardisation with Gwen’s aptitude at work. Danone S.A. is a European multinational food-products corporation based in Paris and founded in Barcelona, Spain. It is listed on Euronext Paris where it is a component of the CAC 40 stock market index. Danone sells products in over 120 markets and had sales in 2021 of €24.28bn. Gwen has demonstrated strong project management skills, effective stakeholder management, covering a complex set of parties across geographies, functions and roles, ability to create trust between local and regional project teams and the ability to take right decisions at the right time, emerging as a well-respected partner by all. She has a very proactive approach and is result-oriented, supporting local treasury teams in all aspects of treasury operations and processes. Gwen’s successful projects helped the regional team to become more resilient and agile, which has been vitally important during the Covid-19 pandemic, enabling us to be more responsive to actual challenges and bring value add to the company. Zurab Abutidze, Regional Treasury Director, Danone treasurytodayasia Adam Smith Awards Asia © February 2023 | 17
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