Lessons From Building an In-House Bank & Winning an Adam Smith Award

In this episode, discover how Peter Schadelbauer built a centralized treasury from the ground up within a rapidly expanding global company – and how that vision led to winning an Adam Smith Award for Best Process Re-engineering Solution.

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Featuring

Peter Schadelbauer

Senior VP & Treasurer at NielsenIQ

Mike Richards

CEO, The Treasury Recruitment Company

About this episode

Peter Schadelbauer is the Senior VP & Treasurer at NielsenIQ, the world’s leading consumer intelligence company. With a background in both banking and corporate treasury, Peter has led transformation initiatives in companies of all sizes – from family-run firms to multinational organizations – bringing modern systems, centralization, and strategy to the treasury function.

Whether you’re building treasury operations from the ground up, leading digital transformation, or managing change in a traditional corporate culture, this episode is packed with insights. Peter’s story proves that with vision, collaboration, and persistence, even smaller organizations can achieve world-class treasury excellence.

What We Cover in This Episode:

  • Peter’s career journey from banking apprentice to global treasurer
  • Why he left banking to pursue a more strategic role in industry
  • The reality check of moving from theory in banking to hands-on treasury in production companies
  • Transitioning into treasury at Lindner Group and the evolution of a “banking department” into a full-fledged treasury function
  • Step-by-step creation of an in-house bank to support global operations
  • Winning the Adam Smith Award for Best Process Re-engineering Solution
  • How to lead change and build buy-in within long-established company cultures
  • Lessons from integrating treasury systems during major corporate mergers
  • The role of technology in treasury – when to innovate and when to simplify
  • Peter’s insights on artificial intelligence in treasury and why he’s cautious but optimistic

You can connect with Peter Schädelbauer on LinkedIn.

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Podcast 407 - Lessons From Building an In-House Bank & Winning an Adam Smith Award

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Get 80% of the answers correct in this quiz to be awarded 0.6 credits for this 30 to 45 min episode.

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1. What initially pushed Peter to leave the banking sector and move into industry

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2. What major step marked Lindner Group’s transition from a basic banking department to a more advanced treasury function

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3. What key achievement demonstrated that even a smaller organisation can deliver award-winning treasury innovation

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4. What early interest helped prepare Peter for his later work in treasury technology and systems

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5. When NIQ and GfK came together, how did Peter’s team approach aligning the treasury landscape

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6. What does Peter highlight as essential when implementing treasury improvements or large-scale projects

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