Szilvia Zacsovics
Treasury Operations Manager
Diageo
- Industry:
- FMCG – Premium drinks (wine and spirits)
- Annual turnover:
- £12bn
- Treasury staff:
- 60
- Treasury structure:
- Centralised and local
- TMS:
- Yes
- Cross-border pooling:
- Yes
- Cash rich or debt:
- Cash rich
Speaker profile
Szilvia has been Treasury Operations Manager in Diageo since 2006 being responsible for In-house banking of 110 entities, Treasury Back Office and Cash management projects including transactional cash management strategy and cash forecasting. From 2006 to 2002, Ms Zacsovics held different positions in Diageo Order to Cash team such as Customer Spend and Support Services Manager. Prior to that time, she was employed by CA-IB Investment Bank in various Back Office positions.
Company profile
Diageo Plc is the world’s leading premium drinks business with an outstanding collection of international brands across spirits, wine and beer. Trading in approximately 180 markets, Diageo plc employs over 20,000 people around the world. With offices in 80 countries, also has manufacturing facilities across the globe including Great Britain, Ireland, United States, Canada, Spain, Italy, Africa, Latin America, Australia, India and the Caribbean. Diageo manages its business in terms of global priority brands, local priority brands and category brands, however the main focus for organic growth is global priority brands which contribute approximately 60% of total volume. They are: Johnnie Walker, Smirnoff, Baileys, Captain Morgan, José Cuervo, J&B, Tanqueray and Guinness. The company is listed on both the London and the New York Stock Exchange. Diageo plc operates central Group Treasury with coordination responsibilities globally and with direct in-house bank responsibilites for 110 companies across Europe, USA, Canada, Mexico, Australia and Singapore. Shared services are an integral part of Diageo’ finance function: the group operates a hybrid model of in-house and outsourced shared services.














