Miguel Trinidad

Group Treasurer

Natra, Spain

Industry:
Food and beverages
Annual turnover:
€340m (2010)
Treasury staff:
8
Treasury structure:
Treasury operations: Centralisation in process; Finance and Risk Management: Fully centralised
TMS:
Yes
Cross-border pooling:
Partial
Cash rich or debt:
Debt

Speaker profile

Miguel is the Group Treasurer of NATRA S.A. where he is responsible for cash & liquidity management, corporate & asset financing, and operational & financial risk management. He joined NATRA in 2009 after a 9-year span in CEMEX, where he performed various senior treasury & financing, working capital management, and post-merger integration roles in North America & Europe, reaching the position of Treasury Director for Northern Europe & UK in 2007. He started his professional career as a corporate banker in his hometown, Monterrey. Miguel has lived, studied, and worked in Mexico, USA, Latvia, UK and Spain (where he currently resides), and has been direct responsible for treasury and financing operations in 10+ countries. He holds a BSc in Economics from ITESM (MEX) and MBA degrees from both London Business School (UK) and Columbia Business School (USA). Miguel is an associate member of the Spanish Association of Corporate Treasurers and CFOs (ASSET).

Corporate profile

NATRA S.A. (NAT), a public company listed in the Spanish Stock Exchange (MCE), is a multinational group headquartered in Madrid, Spain, dedicated to the manufacturing of chocolate products (bars, slabs, spreads, and candies) mainly for private label customers in Europe, as well as to the production of cocoa-derivatives (paste, butter, coatings, and powder) for food production industrial customers. NAT owns a majority participation in the also MCE-listed company NATRACEUTICAL S.A. (NTC), who concentrates its commercial operations through the Monaco-based company “Laboratoires Forté Pharma”, which specialises in the food and nutritional complements’ in the health, beauty, and weight control product categories. NTC possesses a share-participation in the Euronext-listed French company “Naturex”, which it gained after merging its functional ingredients’ business and assets to the French company, back in January 2010.