Session 03 | Texpo Conference

Navigating ESG in the Capital Markets (A) (F)

James P. Gilligan, CTP, FPAC - Senior Vice President - MFR Securities, Inc.
James Washam, PhD, CTP, FPAC - Dean of the Neil Griffin College of Business - Arkansas State University

Monday, April 17th
2:30pm - 3:30pm
Dallas D1

Session Description

ESG issuances are becoming the norm, rather than the exception. Gain a deeper understanding of ESG related financing opportunities and the impact of ESG issues on financing costs and access to financial markets. This session will cover everything from the basics of ESG to growth of ESG bond markets to the latest research on ESG and a firm’s cost of capital. Learn about the types of opportunities available for green bonds, the issuance process, and post-issuance reporting.

Speaker Information

James P. Gilligan is Senior Vice President for MFR Securities, Inc., a woman owned securities firm based in New York, where he advises the firm and assists on capital market transactions. Prior to MFR, Jim worked for over 38 years at Evergy, Inc., a public utility holding company based in Kansas City, Missouri, where he retired as Assistant Treasurer in 2020. At Evergy, Mr. Gilligan had responsibility for all the cash management and corporate finance functions, including debt and equity financings, rating agencies, investments, cash forecasting, bank relationships, payments and disbursements. He graduated Cum Laude from the University of Missouri with a BS of Business Administration and also an MBA in Finance. Mr. Gilligan holds the professional designations of Certified Treasury Professional (CTP) and Certified Corporate Financial Planning & Analysis Professional (FPAC). He is active in the Association for Financial Professionals (AFP), having previously served 8 years as a member of its Board of Directors, Chair of the Government Relations Committee, associate editor of the Essentials of Treasury Management (the textbook for the CTP credential,) and chair of the AFP PAC Board of Trustees. He has testified twice before Congress on the subject of money market reform. He is also a director and past president of the Kansas City AFP, a retired member of the Board of Directors of the Greater Kansas City Better Business Bureau and a former Regional Director of the National Association of Credit Management. Mr. Gilligan holds the SIE, Series 7 and Series 63 FINRA securities licenses.

James Washam joined ASU as a finance instructor in 1989 and became an assistant professor in 1992. His teaching specialties include working capital management and financial risk management, and he has been considered an expert in treasury management. Promoted to associate professor of finance in 2000, Washam holds the McAdams Frierson Professorship of Bank Management.

Washam is a frequent speaker at national conferences and conducts treasury management seminars throughout North America. A member of the Association for Financial Professionals (AFP), Washam also holds membership in the Financial Management Association (FMA), Mid-South Association of Financial Professionals and the American Risk & Insurance Association (ARIA).

Washam received his bachelor of science in finance from ASU in 1986 and his master of business administration the following year. He earned his Ph.D. at the University of Mississippi in finance in 1993 and holds professional certifications in corporate treasury management (CTP) and corporate financial planning and analysis

Attachments/Links

Session Handouts

Cash Forecasting in a Changing Environment – How to Utilize Cash Forecasting Tools to Reduce Exposure in Today’s Environment (I) (F) (G)

Navigating the Economic Landscape: Connecting Macro Factors and the Impact on your Business (I) (F)

Steve M. Wyett, CFA - Chief Investment Strategist - Bank of Texas, powered by BOK Financial
Steve Orr, CFA, CMT - Chief Investment Officer, Texas Capital Bank
Will Goldthwait - Portfolio Strategist, State Street Bank
Tammy Foy - National Sales Director, Treasury Services - BOK Financial

Monday, April 17th
2:30pm - 3:30pm
Dallas D3

Session Description

This executive panel discussion will allow attendees to connect the dots between macroeconomic factors and their own personal and business situations. Persistent inflation, a labor market unlike anything we have seen, deglobalization, and a Federal Reserve whose stated goal is to slow the economy, all prompt for a thought provoking conversation. We hope you will join us to explore different perspectives and ideas to help navigate the landscape.

Speaker Information

Steve Wyett is Chief Investment Strategist at Bank of Texas, powered by BOK Financial, a top-25 U.S. based bank offering sophisticated wealth, commercial and consumer products and services. The company’s banking subsidiary, BOKF, N.A., operates under the brands Bank of Oklahoma, Bank of Texas and Bank of Albuquerque. It operates as BOK Financial in Arizona, Arkansas, Colorado, Kansas and Missouri.

Steve began his investment career in 1982 as an institutional bond salesperson for First National Bank of Oklahoma City. He remained in institutional bond sales until 1999, when he joined Tom Johnston Investment Management Inc. as their head trader and fixed income SMA manager. While there, Steve attained his CFA Charter and was an analyst and portfolio manager. He joined Bank of Oklahoma in 2005 as a Senior Portfolio Manager in the Tulsa market. In 2006, Steve was named the Market Leader for the Tulsa market, and in 2008, he assumed responsibilities as the Portfolio Management Executive for BOKF. In 2015, he assumed the role of Managing Director-Investments within Private Wealth before being named the Chief Investment Strategist for BOK Financial in 2020. In his current position, he is part of the creation of and is responsible for the communication of the BOKF investment management process across multiple delivery platforms. Steve interacts with internal business partners as well as external clients and prospects. He is an active participant in the formulation of the investment message as a member of the Wealth Management Asset Allocation Committee as well as membership on the Alternative Asset Subcommittee and Manager Review Committee. Steve is also a member of the Wealth Management Investment Committee and Internal Trust Committee within the Trust Department.

Steve Orr is the Chief Investment Officer and Chief Compliance Officer for Private Wealth Advisors. He is responsible for the strategy, construction and performance of client portfolios and trusts.

With over 30 years of portfolio management experience, Steve joined Texas Capital Bank from Communities Foundation of Texas where he managed investments and helped to raise the Foundation’s performance to among the highest in their peer groups of universities and foundations. Prior to Communities, he successfully ran insurance and arbitrage portfolios for Associates First Capital totaling $4 billion and insurance and bond mutual fund portfolios at Caterpillar, Inc. He has winning track records in every asset class in which he has invested.

Steve earned his Bachelor of Arts in Economics and a minor in Math from the University of Texas at Austin, a Masters in Business from Texas State and a Juris Doctorate from St. Mary’s School of Law. He is an attorney, CFA® and CMT® charter holder. He currently chairs the Parkland Hospital Pension Investment Committee and serves on the Dallas Jewish Community Foundation Investment Committee.

Will Goldthwait is a Portfolio Strategist at State Street Global Advisors. He is a member of the Global Cash and Global Fixed Income Investment Management Teams. Will is responsible for the communication of cash and fixed income investment strategy and performance to clients, consultants and prospects. He covers multiple sectors and vehicles, including both active and indexed fixed income. Prior to joining State Street Global Advisors in 2014, Will spent time on both the advisory and brokerage side of the business. Most recently he was part of Royal Bank of Scotland’s Institutional Fixed Income Sales team and Merrill Lynch’s Institutional Money Market Sales Team. Prior to Merrill Lynch Will worked as a Money Market Portfolio Manager and Fixed Income Trader for Columbia Management and Fleet Investment Advisors.

Tammy Foy is the National Sales Director in the Treasury Services division of BOK Financial. She joined Bank of Texas, powered by BOK Financial, in 2013 and is currently responsible for the strategic sales and onboarding efforts of their Treasury, Payments and Liquidity solutions across an eight state region, including Healthcare. Foy leads a highly skilled team passionate about building relationships and delivering superior sales consulting and onboarding experiences for the Treasury clients they serve.

Foy received her Bachelor of Business Administration in Finance from Texas A&M University.

Foy is a member of the local Association for Financial Professionals (DAFP) and has been instrumental in the organization and execution of various networking, education and thought leadership events throughout the years.

Foy is actively involved in National Charity League (NCL), a Mother Daughter organization which empowers girls to succeed as confident, well-rounded and socially aware contributors in their communities. Through this organization, Foy and her daughters have volunteered numerous hours of their time supporting North Texas Food Bank, Meals on Wheels, New Friends/New Life and others.

Foy lives in the University Park community in Dallas. When not working, she spends as much time as possible with her family and friends. Foy also enjoys staying active by walking with friends and practicing yoga. She is an active member of Highland Park United Methodist Church.

Favorite Quote: The most important things in life aren’t things…Anthony J. D'Angelo

Don’t Sleep on Your Real-Time Payments Strategy (B)

Miyoshi Lee - Director, Head of U.S. Real-Time Payments - Bank of America
Juan Estrada - President & CEO, Quickpay Funding
Cheryl Gurz - Real Time Payments Product Manager - The Clearing House

Monday, April 17th
2:30pm - 3:30pm
Houston A

Session Description

The adoption of Real-Time Payments continues to see growth in this post pandemic world as the industry solves for pain points with new/unanticipated use cases. Often practitioners equate RTP to just a faster payment when, in reality, the real differentiators are precision and transparency. Join our panel of experts from The Clearing House, Participating Banks, and Corporate Practitioners as they examine use cases and share how your payments strategy can reap the benefits.

Speaker Information

Miyoshi Lee is the Head of US Real-Time Payments (RTP) within Global Transaction Services at Bank of America. She is responsible for end to end management of US RTP products and services for large corporate, commercial, and business banking clients with US-domiciled accounts. Miyoshi joined Bank of America in 2004, enjoying successful roles as the bank’s first dedicated Operational Risk Manager for Global Markets, as well as multi-faceted roles within Global Transaction Services, including Enterprise Innovation and Development, Digital Channel strategy, Global Payments Strategy & Business management, and Wire Product Management. Prior to Bank of America, Miyoshi was a foreign currency and commodities trader, managed proprietary trading activities at large multinational corporations, and worked in Harare, Zimbabwe as a Strategy & Investment Consultant. Miyoshi is a Six Sigma Greenbelt who earned an MBA in International Finance & Corporate Strategy from The University of Michigan Business School in Ann Arbor. She also completed an Executive Education program in Agribusiness Economics at Kansas State University; and she is a Phi Beta Kappa graduate of the University of South Carolina where she earned a BS degree with Honors in Finance. In her spare time, Miyoshi is dedicated to civic-minded organizations both at work in New York City and in her New Jersey home community. At BofA, she has served as the Global Co-Chair of two major employee networks – the Parents & Caregivers Network as well as the Black Professional Group. She regularly provides counsel to teams regarding eldercare resources and tips for working caregivers, and champions inclusive business models that embrace diversity unconditionally. Outside of work, she has served as the President of a Charter School Board in Newark, NJ, a Leadership Council member of UNCF of Northern New Jersey and a member of the National Black MBA Association, the Women's Bond Club of New York, NAACP, Alpha Kappa Alpha Sorority, Inc. and the Native Plant Society of New Jersey. Although proud to be a Southern belle born and raised in Georgia, Miyoshi has happily called New Jersey her home for more than two decades, where she resides with her husband, their two children, and a Hawaiian rescue cat.

Cheryl Gurz joined The Clearing House in 2019 as their Real Time Payments Product Manager. In this role she is tasked with driving product adoption and usage of the TCH Real Time Payment Network. This is the first new payments infrastructure in the US since the ACH network was introduced in the 1970’s. Cheryl advises bank and corporate clients on Real Time Payments best practices and market trends. She has held leadership roles across global transaction banking, specializing in providing strategic payment solutions to the industry at Citi, BNY Mellon, HSBC and CGI.

Liquidity Management During Times of Uncertainty (I) (L) (F) (G)

Brian Jones - Executive Director, Global Liquidity Solutions - J.P. Morgan Chase
Frank Woodley - Assistant Treasurer - Arcosa, Inc
Seanna Drewery, CTP - Assistant Treasurer, OneSource Virtual, Inc.
Jason Woodward - Treasurer, Fossil Group
Suzanne Hall - Staff VP - Leggett & Platt

Monday, April 17th
2:30pm - 3:30pm
Houston B

Session Description

Intermediate Level session focusing on how Corporate Treasury can better position companies to navigate a tightening economy through basic and intermediate level liquidity management techniques such as account rationalization, consolidation of cash and gaining visibility and insights to better manage and forecast cash flows.

Leadership Track Sponsored by J.P. Morgan

Speaker Information

Brian Jones is the Head of US Corporate Liquidity Product Solutions at JPMorgan where he leads a team of product experts who deliver liquidity solutions providing visibility, control and optimization for the unique client personas and industries that exist within the Commercial Bank. Those solutions reach over 24,000 clients that include corporations, municipalities, financial institutions and nonprofit organizations with annual revenue generally ranging from $20 million to well over $20 billion.

Brian has extensive experience in developing, commercializing and managing banking products within treasury management and liquidity services, with stints at regional and global banks in various roles within product management. Brian has a Bachelor’s degree in Financial Institutions Management and an MBA in Finance and Strategy.

Frank Woodley is the Director of Treasury and Assistant Treasurer for Arcosa, Inc. Arcosa, Inc. has businesses with leading positions in construction, energy, and transportation markets with annual revenues in excess of $2B. Frank was a key contributor in the successful spin off of Arcosa, Inc. from Trinity Industries in 2018. His team currently manages cash operations, cash forecasting, investments, credit card and commercial card programs. During his career he has been with more than 10 companies with revenues ranging from $100M to $15B. His passion is finding digital solutions to automate data aggregation and to visualize the data with BI dashboards you can interact with in real time.

Seanna Drewery, CTP is the VP of Treasury Operations at OneSource Virtual (OSV) OSV supplies its clients with a wide range of financial and human resource business process services, including payroll and tax processing. Seanna’s team supports OSV on an annual basis by impounding $125Billion, executing payroll for approximately 2% of the US population, leveraging transactional volumes to reduce bank cost, and by adapting quickly to maximize interest income despite the ever-changing market conditions.

Jason Woodward is Assistant Treasurer for Fossil Group, where he is responsible for global liquidity, debt compliance, and risk management. In this role, Jason manages working capital across multiple regions including North America, EMEA, and Asia Pacific. Jason has been involved in treasury management for over 25 years. Jason is a CTP and received a BBA from Stephen F. Austin University.

In her current position as Assistant Treasurer at Leggett & Platt, Incorporated, a Fortune 500 Global company, Suzanne Hall is currently responsible for investments, cash management, supervision of bank relationships and services, as well as leading the shared services initiatives for the organization. She has worked for Leggett & Platt for the past 28 years and has held numerous positions within the company. She holds a BS in Finance and Accounting. She is also certified in Six Sigma.

Suzanne serves on many different committees within her organization including Cyber Security, Business Continuity Steering committee, I D & E community engagement pillar, PCI oversight, United Way liaison and most recently, as the Co-Lead for the Women’s ERG group.

Attachments/Links

Session Handouts

Upgrading ERP: Effect on Treasury (I) (F) (G) (T)

How To Be Great At FP&A (A)

“Annie get your data” How to get the most from your data with system integrations (I) (F) (G)

Rob Palacios - Chief Innovation Officer, Executive Vice President - CG Infinity
Wyatt Abernethy - EVP, Managing Director of Treasury Solutions - Veritex Community Bank

Monday, April 17th
2:30pm - 3:30pm
San Antonio B

Session Description

Do you have issues aggregating your data and reporting across multiple systems?

Did you make a technology investment and realize you can’t access your data?

Listen to two senior financial services & technology professionals that will describe the strategies and methods they have used through the years with and for multiple financial institutions. You will receive a technology perspective and a banking perspective.

Pain points and pitfalls
Pros and cons
Best practices

Speaker Information

Rob Palacios currently serves as Chief Innovation Officer and Executive Vice President with Cyber Group Inc., a strategic consulting firm headquartered in Dallas, TX.

In this role, Rob helps clients leverage Digital Innovation and Transformation strategies to create real and sustainable business value with customer centric approaches. Key focus areas include the development of new products, services and revenue streams, the use of technology to increase back-office efficiencies and strategic frameworks to provide customers with exceptional experiences.

Rob works closely with Leadership teams, Executives and Board Members to assess opportunities, develop prioritized strategic roadmaps and execute high-value initiatives that can deliver significant return on investment to the enterprise.

Rob previously served as the Chief Information Officer and then Director of TCB Labs at Texas Capital Bank, growing the organization from $2 billion to over $30 billion in assets during his 15-year tenure. He spent several years leading consulting practices for firms including Hitachi Consulting and Arthur Andersen as well as working with start-up ventures in Austin and DFW. Rob began his career with the National Security Agency (NSA) where he was part of the U.S. Department of Defense Artificial Intelligence Lab and Special Projects Division, specializing in Neural Networks and Natural Language Understanding.

Rob holds a B.S. in Computer Science from Texas Tech University’s College of Engineering in Lubbock, Texas

Wyatt Abernathy is EVP, Managing Director of Treasury Solutions at Veritex Community Bank. He is a 20-year banking professional, including retail branch and treasury management.

Attachments/Links

Session Handouts

CTP – Session 3 – Mastering CTP (ETM7) Materials (B)

Dubos Masson, Ph.D, CTP, CertICM, President, The Treasury Academy
Raymond Vines, CTP - Part Time Treasurer, Treasury Consultant, Trainer - Turningpoint Communications

Monday, April 17th
2:30pm - 3:30pm
State Room 2

Session Description

CTP Math Session 1 – Review of Basic Calculations

Speaker Information

D.J. Masson, Ph.D., is President of The Treasury Academy, a training and consulting firm specializing in treasury management, international finance, business forecasting, and risk management. Over the past 25 years, D.J. has provided business and financial consulting and training services to a wide variety of corporations, financial institutions, and not-for-profit organizations in the U.S., Canada, and abroad. He is currently an Associate Clinical Professor of Finance at Indiana University’s Kelly School of Business and is a trainer and curriculum developer for programs with Association for Financial Professionals (AFP), GT News and Association of Corporate Treasurers (ACT) in the U.K, and Citibank’s Global Transactions Services unit. D.J. has extensive experience in developing curriculum for a wide range of teaching and training environments, both residential and on-line. He has developed classes and taught at all levels of higher education: undergraduate, MBA, Executive MBA, and in-house, custom-designed courses. D.J. has worked with professional associations to develop workshop, training materials, and certification programs in the areas of Treasury Management, Credit Management, Global Cash Management, Financial Forecasting, Commercial Banking, and Risk Management. D. J.’s educational background includes a B.A. in Business from the University of New Orleans and an MBA and Ph.D. in Finance from Indiana University. D.J. earned his Certified Cash Manager (CCM/CTP) credential in 1988. D.J. also earned the Cert ICM, an international cash management certification, from the Association of Corporate Treasurers (ACT) in the UK in 1999.

Ray Vines brings 30 years of corporate treasury experience (and honesty) to bear for Turningpoint Communications’ treasury management sales trainees, customers, customers’ clients and other key constituents as the “voice of the client” for programs, documentation and high-touch client experiences. Ray is also an instructor for the Association for Financial Professionals’ (AFP) Certified Treasury Professional (CTP), Treasury Learning System instructor-led courses, educating hundreds of prospective CTP candidates each spring and fall for Rice University and the University of Texas. Formerly, Ray served as Director of Treasury for Dean Foods in Dallas for seven years, where he was responsible for leading treasury operations and his team, managing internal and external relationships and continuous process improvement. Prior to Dean Foods, Ray spent 20 years at RadioShack as Director of Treasury Operations.

Ray is an active participant in enhancing the role of treasury management as an industry and career through his participation on industry roundtables and his leadership of the Dallas AFP, including his role as past president of the . Ray co-chaired the award-winning TEXPO conference in Dallas in 2018, leading all technological, marketing and communications aspects of the conference and is a key member of the content team for #DallasTEXPO2023. Ray holds a B.S. in Finance and MS in Accounting from the University of Texas and is a Certified Treasury Professional (CTP). Ray is also a WSET Level 3 Advanced (Wine & Spirits Education Trust) Wine and Spirits Certified instructor, and customizes courses in wine/spirits etiquette for financial audiences and executives.

Attachments/Links

Session Handouts