Wednesday, December 14, 2016

CLP WINS CFO INNOVATION AWARD FOR EXCELLENCE IN TREASURY MANAGEMENT TRANSFORMATION

HONG KONG, Dec 9 (Bernama-BUSINESS WIRE) -- CLP Holdings Limited (CLP) has won a CFO Innovation award for Excellence in Treasury Management Transformation, recognising the Group’s success in modernising its treasury management practices with early adoption of a new international financial reporting standard.

Francis Ho, Senior Director - Group Treasury and Project Finance of CLP, said, “We place high importance on prudent financial planning and risk management, and we are committed to using innovative technology for better control and efficiency. Taking a forward-looking approach, CLP has adopted a new integrated treasury management system that could enhance our capability to monitor and consolidate the Group’s treasury profile, while also providing a one-stop solution to hedge accounting, evaluation, compliance and treasury reporting.”
http://mrem.bernama.com/viewsm.php?idm=28100

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