François Masquelier (ATEL) : Skilled Talents Shaping Treasury Management
Treasury management is a key function in Luxembourg's economy, contributing significantly to the country's ecosystem and growth. Treasury management not only ensures the smooth operation of businesses but also supports the country's broader economic objectives. In an increasingly complex global financial landscape, the expertise of treasurers is more important than ever. This interview with François Masquelier, Chairman of the Luxembourg Association of Corporate Treasurers (ATEL), explores how professional development helps treasurers stay ahead of evolving financial markets, strengthen Luxembourg's economic position and ensure the long-term success of businesses.
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The Growing Need for Qualified Treasurers
In Luxembourg, Treasury Management has evolved into a strategic function, with professionals tasked with navigating a complex array of global financial markets and instruments. The demand for skilled treasurers has increased as companies face greater economic uncertainty, competition and regulations. Effective treasury management involves managing cash flows, liquidity, investments and foreign exchange transactions, while mitigating risks that could impact financial stability. To meet these challenges, it is essential that treasurers continually update their knowledge and skills. Continuing professional development plays a key role in equipping professionals with the skills they need to remain competitive. Through specialised programmes such as International Treasury Management and Corporate Finance Fundamentals, developed by the House of Training in collaboration with ATEL, treasurers gain essential knowledge of financial instruments, investment strategies and risk management technologies. This training programme ensures that professionals are equipped to meet the requirements of a constantly evolving financial landscape.
Lifelong Learning as a Key to Success in Treasury Management
According to the European Association of Corporate Treasurers (EACT) Treasury Survey 2024, a significant HR challenge is impacting Corporate Treasurers. 15.8% of respondents believe that a lack of internal human resources hinders treasury optimisation, increasing pressure on existing teams. Additionally, 12.6% identify an urgent need for new skills and specialised talent, particularly in digitalisation, automation, and risk management. This dual constraint—staff shortages and evolving skill requirements—urges companies to rethink their training and recruitment strategies to address the challenges of an increasingly complex financial environment. Lifelong learning has become an essential part of professional development for treasury management professionals. As financial markets continue to evolve, staying ahead of innovative technologies, regulations and market trends is critical to ensuring effective decision-making and risk mitigation. In Luxembourg, companies benefit from the expertise of treasurers who are committed to upskilling and adapting to changes in the financial environment. Continuing education ensures that treasurers can integrate new strategies and techniques into their roles, enhancing their ability to manage financial resources effectively. Training programmes that focus on corporate treasury management and financial decision-making provide professionals with the tools they need to help companies meet challenges such as liquidity management, risk assessment and strategic resource allocation. The knowledge gained through such training directly contributes to the efficiency and resilience of companies, enabling them to thrive in a complex financial world.
"A strong understanding of Treasury Management is a necessity for companies to remain agile and competitive"
Impact on Luxembourg's Economic Competitiveness and Resilience
The development of skilled treasury professionals is critical to Luxembourg's continued competitiveness in the global financial sector. In a world characterised by geopolitical uncertainty and economic volatility, the ability to manage corporate liquidity and financial risk has even been more important. By investing in the ongoing training and development of treasurers, Luxembourg is strengthening its financial infrastructure and ensuring its position as a leader in the global marketplace for finance. As François Masquelier highlights: “A strong understanding of treasury management is a necessity for companies to remain agile and competitive. The impact of this training goes beyond individual careers; it is helping to shape a resilient and sustainable financial sector in Luxembourg, supporting the long-term success of its businesses and economy.” As part of its mission, the House of Training strengthens the skills of Luxembourg companies, anticipating and responding to market challenges. Through our training programmes, we support managers and their employees and provide them with the skills they need to seize current and future economic opportunities.