Moscow, 26 April 2013. SIBUR has won the Best Treasury of the Year category at the Russian CFO Awards ceremony run by the Adam Smith Institute (UK).
First held in 2012, the aim of the Russian CFO Awards is focus attention on the achievements of Russia’s financial community and to honour the professionalism of the Russian financial sector. The judging panel included representatives from the Russian Economic School, the Higher School of Economics, the Federal Agency for State Property Management of the Russian Federation, CFO-Russia magazine, as well as other research institutions and companies.
The judges were impressed by a number of projects and programmes implemented by SIBUR, including capital raising, insurance, the automation of treasury operations and for its work with rating agencies.
“We would like to thank the financial community for this recognition of our work and think it reflects the company’s growth and investment potential, as well as our strong financial position,” said Pavel Ananienko, SIBUR’s Head of Treasury.