“It was a great day. Both educational and a good chance to meet your peer (upcoming) treasurers. learn how they perform these activities within their companies.”
“….. Additionally it is a pre that different professionals from the field were involved in order to help you and explain things.”
During a a very lively 8-hour Hackathon, 6 teams were asked to design a hedging strategy for Friesland Campina and to take a close look at the KPIs of a recent credit assessment. Homework was done prior to the session, so the teams were able to move ahead at full speed, with coaching from experts by the organising committee (VU, Deutsche Bank, Zanders and PWC).
Each team then presented their analysis and recommended strategies to Klaas Springer, Director Corporate Treasury at Royal FrieslandCampina N.V., who challenged them with probing questions. Klaas also gave advice on additional matters to consider when presenting to a board of directors. Afterwards Klaas admitted to be inspired by the event as well. Some of the teams came up with ideas FrieslandCampina had not considered at the time. A beneficial event for all parties!
At the end of the day there was a small ‘award winning’ ceremony.