The Future of Bank Treasury: Focus for Today and Tomorrow

Moorad Choudhry is a non-executive director at Newcastle Building Society; Honorary Professor at University of Kent Business School, and Chairman of Newdigate Football Club. He is a Fellow of the Chartered Institute for Securities & Investment, and a Liveryman of the Worshipful Company of International Bankers. He is author of The Principles of Banking, (Wiley 2012, 2023).

Annick Aboya is the EMEA Head of Sell-side Risk & Derivatives Solutions Sales at Bloomberg L.P., where she leads growth of Bloomberg’s risk analytics and derivatives valuation platform across Europe, the Middle East, and Africa.

With over a decade of experience in capital markets and financial technology, Annick brings deep expertise in multi-asset risk systems, structured products, and client advisory at the intersection of data, technology, and regulation. Earlier in her career, she spent several years at BNP Paribas CIB across London, Cape Town, Brussels, and Paris, focusing on structured product sales, equity derivatives, and trade finance.

She was also a Capital Markets Consultant at Accenture, where she worked on operating models for AI and automation in investment banking.

Jamie is Director of Global Economics at Bloomberg, where he oversees global modelling, country risk, trade and climate change research. He previously spent a decade as Chief European Economist and has worked at the UK Office for Budget Responsibility, the New Zealand Treasury and HM Treasury. He is co-author of ‘The Price of Money’ a book about the past, present and future of the natural rate of interest with Oxford University Press, and makes regular appearances in print, online and on television.

Jamie is also a Visiting Professor at the University of Sheffield, where he received his PhD, and has published papers on fiscal policy, measuring slack and the determination of interest rates.

Tomasz Noetzel is a Senior Equity Analyst at Bloomberg Intelligence covering EM and UK banking sector. Prior to joining BI team in 2010, he was leading development of ESG data product in Europe. Tomasz graduated from London Business School and is CFA charter holder.

Chris Westcott has over 30 years of experience in the banking industry, with the majority of time spent in the field of Treasury management. He has held a range of senior positions in the Treasury functions of both Nat West and Royal Bank of Scotland in the UK. These have included divisional Treasurer roles and various project assignments, such as leading the development of an in-house securitisation capability and the integration of the ABN AMRO Treasury function post-acquisition.

In the lead-up to the implementation of CRD IV, Chris was the Basel 3 Programme Director for RBS, accountable for over-seeing the group-wide set of projects to achieve compliance with the new regulations.

Francois started his career in fixed income quant research at CACIB in New York. He worked at UBS in London as managing director in Equity Derivatives, Corporate Solutions, Equity Capital Markets and as senior banker at Société Générale in Paris in charge of a portfolio of global hedge funds and financial institutions. He then created an asset management company in Paris and Luxembourg which he managed for a few years before joining Bloomberg 10 years ago. He has focused on Bloomberg risk Solutions since 2018.

André is a product manager at Bloomberg, responsible for bank treasury and accounting solutions. He has extensive experience in technical accounting (including hedge accounting) and valuation of complex financial instruments under IFRS, providing risk management and treasury consulting services to a number of bank and large multinational corporate treasuries. He has dedicated large part of his career improving the effectiveness and efficiency of treasury activities, processes and workflow; whether by active participation in the strategic vision and product roadmap planning of software vendors or as consultant and advisor to large corporations and financial institutions.

George Littlejohn MA FCA MCSI is Senior Adviser to the Chartered Institute for Securities & Investment (CISI). He qualified as a chartered accountant with PwC in London before becoming a journalist with The Economist, specialising in financial and economic matters. George has led the institute’s work in a number of countries, including in particular in the last three years in Ukraine.

He also led on the development of the CISI’s award-winning Certificate in Ethical AI, developed in conjunction with the Alderman Professor Michael Mainelli when he was Lord Mayor in 2023-24.

Peter Eisenhardt is the Secretary General of the International Council of Securities Associations, the global organization of securities industry associations. ICSA provides a forum for member associations to exchange views and advocate appropriate regulations and initiatives across jurisdictions to promote efficient and well-functioning securities markets (www.icsa.global). He also acts as a consultant for leading investment banks and teaches courses in capital markets and asset liability management.

Peter has over thirty years’ experience in banking. He was Head of Short Term Fixed Income Origination at Bank of America Merrill Lynch in London. He worked for J.P. Morgan in New York, London, and Tokyo in treasury, money market trading, bond options trading, repo, credit, and origination.

Peter was voted by industry peers to Euroweek‘s “Dream Team of the Global Capital Markets” in 2004. He is past chairman of the International Capital Markets Association Euro Commercial Paper Committee. Peter holds a BA from Wesleyan University and an MBA from New York University.

Beata Lubinska is a financial engineer and seasoned banker with over 20 years of international experience across Milan and London, working with prominent institutions such as GE Capital, Deloitte, Standard Chartered Bank, and MeDirect Group. Currently, she is Head of Treasury at Allica Bank and a faculty member at the BTRM Diploma in Treasury & Risk Management.

She holds a PhD in Finance from Wroclaw University of Economics and brings expertise in Asset Liability Management (ALM), Funds Transfer Pricing (FTP), liquidity and interest rate risk (IRRBB), behavioural modelling, and regulatory capital frameworks (Basel III/CRD V).

A prolific author, she has written three practitioner guides: Asset Liability Management Optimisation, Interest Rate Risk in the Banking Book: A Best Practice Guide to Management and Hedging and Bank Treasury Management: A Practitioner’s Guide to Hedging and Funding Strategy.

Beata regularly trains treasury and risk professionals across Europe and the US, and her hands on approach, practical insights, and are well regarded in the industry.

James Hollinshead has over 14 years of experience in balance sheet and interest rate risk management across challenger, national, and global banks. At Santander UK, he manages liquidity and IRRBB frameworks, overseeing both business-as-usual ALM reporting and the delivery of new risk infrastructure, including major hardware and software upgrades.

Passionate about professional development within the ALM community, James has served as a CFA UK Ambassador, and helped to deliver the society’s eminent speaker series.

Jonathan has spent the last 16 years working at Bloomberg covering a range of regions, clients and products – from managing the firm’s global relationships with largest banking group customers to overseeing key buy and sell-side relationships in Southern Europe. He currently manages Bloomberg’s Trading Solutions franchise for Europe, Middle East and Africa. Prior to joining Bloomberg Jonathan worked for a data and research start up firm and also for the European Parliament. He is a graduate of the University of Cambridge.