We are excited to announce that we have changed our name from the Finance and Treasury Association Limited (FTA), to the Australian Corporate Treasury Association Limited (ACTA).
Over the past 20 months as the Board has deliberated on its strategy, and it became clear that the future for the association is not to be a ‘broad church’ but to focus on treasury, at all levels and to those in that treasury ecosystem (eg tech and product providers, banks, legal specialists, consultants). This led to a change in our stated purpose ‘to be Australia’s Treasury Community’ and now, to a name change to the Australian Corporate Treasury Association which ties this all together, and to show who we are, and who we are here for – an Association for Treasury professionals, to drive the profession forward.
Our new logo is the one element that unifies and represents our brand and our vision.
The Australian Corporate Treasury Association has a longstanding place within the Treasury community in Australia; started in 1982 as The Currency Club, the club was formed following the Aussie dollar being floated in the early 80’s, and with financial deregulation, there was a need in those early years to bring a community together to help each other navigate the new world.
It grew quickly, and in 1985 the Australian Society of Corporate Treasurers was born. In 1988 it hosted its First Annual Congress and has run continuously now for 33 years straight.
In 1998, with the continued evolution of the Treasury role, the name was changed to the Finance and Treasury Association, the FTA. The Finance part of the name was introduced to reflect the broader Financial Risk Management role of treasurers and to try to broaden the appeal of the Association to the finance community.
In hindsight, the addition of Finance to the title has taken the focus away from the association’s core mandate, being a place of education, training, and networking for Treasury professionals and those in the Treasury eco-system. Treasury in itself is a profession and function found across Australian business, from the large ASX companies, down to small family-owned SME’s – regardless of what they call the function. Within those Treasury, functions sit roles of many names and descriptions, not just Treasurers, hence the reference to Treasury as all-encompassing.
The rename from the Finance and Treasury Association Limited (FTA) to the Australian Corporate Treasury Association Limited (ACTA) was officially endorsed at the annual general meeting in December 2020.
Through both the GFC of 2008 and the pandemic of 2020, Australia has been reminded of the importance and value of Treasury and treasury professionals in Corporate Australia.
Don’t forget to Like and follow us on social media (@actatreasury) and to keep an eye out for our newly branded social posts to ensure you stay up to date with the latest news from the Australian Corporate Treasury Association.
Over the coming months you will see the new branding used, and updates to our website, including the member portal, so make sure you keep an eye out on social media, and we encourage you to take a look at the member forum (by signing in via the member portal) to discuss front of mind topics with your peers.
We hope you like the new look.
Australian Corporate Treasury Association