Nishat Grover
Director Treasury
Yum! Brands Inc, USA
- Industry:
- Quick service restaurants
- Annual turnover:
- €8.3bn @ fiscal YE 2010
- Treasury staff:
- 14: Corporate treasury group
- Treasury structure:
- Centralised: However, China has own treasury staff with dotted line reporting to Corporate Treasury.
- TMS:
- Yes
- Cross-border pooling:
- Yes, single currency physical pooling at this time
- Cash rich or debt:
- Debt, due to bonds outstanding
Speaker profile
Nishat is currently the Director of Global Treasury Operations at Yum! Brands, Inc., based in Louisville, Kentucky, USA He has responsibility for managing the daily global liquidity of the company, including short term investing, borrowing and FX trading. He has over 20 years of experience in the areas of audit, finance and treasury. Prior to joining Yum! in 1998, he was a consultant at Arthur Andersen for 7 years. He holds a Chartered Accountancy certification (CA) from the Institute of Chartered Accountants of India and is also a Certified Treasury Professional (CTP).
Speaker profile
Yum! Brands, Inc., based in Louisville, Kentucky, is the world’s largest restaurant company in terms of system restaurants with approximately 38,000 restaurants in more than 110 countries and territories. The company is ranked #214 on the Fortune 500 List, with revenues of more than $11 billion in 2010. The company’s restaurant brands - KFC, Pizza Hut and Taco Bell - are the global leaders of the chicken, pizza and Mexican-style food categories. Outside the United States, the Yum! Brands system opened approximately four new restaurants each day of the year, making it a leader in international retail development. The company has consistently been recognized for its reward and recognition culture, diversity leadership, community giving, and consistent shareholder returns.
