OOIL sails through with automated treasury

OOIL group treasurer Louis Au Yeung describes how treasury has supported the shipping company through the recent volatility in global trade.
The OOCL Shenzhen
The OOCL Shenzhen

Louis Au Yeung, group treasurer at Hong Kong's Orient Overseas International Limited OOIL, has had a rocky ride during the past two years. The global shipping company with $4.4 billion in revenue last year saw trade volumes plummet and then watched Asia rebound. With Yeung's team of 13, five dedicated to finance and eight to cash management, he's helped the company navigate stormy seas and catch the market upturn.

Please describe OOIL's treasury.

The OOIL Group adopts a centralised treasury operation in order to maximise cost efficiency through synergy of expertise, tax efficiency and technology advancement. As one of the major companies in Hong Kong with the most extensive multinational...

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