Brothers in Finance: Exploring Treasury with Arturo Aguayo & Fidel Aguayo

In this episode we have a first for The Treasury Career Corner podcast as we are delighted to be joined by twin brothers Arturo Aguayo and Fidel Aguayo as they share their journey in the field of treasury and their experiences in higher education finance.

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Featuring

Arturo Aguayo

Assistant Treasurer at the California Institute of Technology

Fidel Aguayo

Vice President of Treasury and Investment/University Treasurer at Loyola Marymount University

Mike Richards

CEO, The Treasury Recruitment Company

About this episode

Arturo Aguayo:

Arturo is the Assistant Treasurer at the California Institute of Technology (Caltech), a renowned research and education institution where he is responsible for overseeing all aspects of Treasury including debt administration, cash management, short-term investments, and merchant services/PCI compliance

Prior to joining Caltech, he was a Director of Treasury for the University of Southern California (USC). During his tenure at USC, Arturo developed financing and operational strategies that supported cost containment and revenue generating initiatives for both the University and the Healthcare Enterprise. Before joining USC, Arturo worked as an Investment Banker and Consultant serving municipal clients throughout the State of California.

Fidel Aguayo:

Fidel is the Vice President of Treasury and Investment/University Treasurer at Loyola Marymount University, a prominent academic institution, where he oversees cash management, debt administration, and the University’s endowment.

Prior to joining Loyola Marymount University, Fidel served as City Treasurer for the City of Long Beach, California. As Treasurer, he managed all treasury functions. He also established city-wide financial policies and procedures and was responsible for the City’s long-term capital financial plan which incorporated enterprise departments.

Prior to joining the City, Fidel spent nearly ten years working for a top ten investment bank. During this time, he executed approximately $40 billion of debt for some of the largest agencies in the State of California including airports, seaports, school districts, utilities, and non-profit organizations.

Both guests have 20+ years’ experience in treasury and public finance and this episode explores the brothers’ paths into treasury and their work in higher education finance.

They discuss their early experiences in treasury, their passion for public finance, and their transition into higher education. They also touch on the challenges and changes in the treasury field, such as technology and economic conditions.

What to expect:

  • Insight into the treasury operations of academic institutions.
  • Discussion on the challenges and changes in the treasury field.
  • Advice on attracting talent and developing a career in treasury.
  • Exploration of the role of treasury in higher education finance.
  • Personal anecdotes and experiences from the twin brothers’ treasury careers.

You can connect with Arturo Aguayo on LinkedIn.

You can connect with Fidel Aguayo on LinkedIn.

Are you interested in pursuing a career within Treasury?

Whether you’ve recently graduated, or you want to search for new job opportunities to help develop your treasury career, The Treasury Recruitment Company can help you in your search for the perfect job. Find out more here. Or, send us your CV and let us help you in your next career move!

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Check out our 2024 events page for more exciting opportunities to connect and grow in your treasury career!

Check out my interview with my mate Greg Leven, SVP of Sales of our show sponsors Flywire. In my video interview Greg and I talk about who Flywire are and how can they help you and your treasury team with your cross-border payment headaches ➡️Click Here

🎉 And More Exciting News 📰 We have 🫱🏼‍🫲🏼 partnered with EuroFinance for their 33rd annual EuroFinance International Treasury Management conference in Copenhagen from 2nd to 4th October 2024.

🤐 Wait, There’s More! 🤫 We Have a Special Treat for Podcast Listeners there is an EXTRA SPECIAL DISCOUNT CODE hidden in todays podcast episode – listen out for it!

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Podcast 369 The Aguayo Brothers

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1 / 8

What first exposed Arturo Aguayo to treasury work during his summer program?

2 / 8

What did Arturo say attracted him most to debt management within public finance?

3 / 8

Why did Arturo decide to transition from investment banking into the university sector?

4 / 8

What does Arturo describe as a key advantage of working at Caltech compared to larger institutions?

5 / 8

What factor helped Fidel Aguayo shift from recreation into finance while working for the City of Long Beach?

6 / 8

What challenge did Fidel highlight when managing treasury in a politically sensitive city environment?

7 / 8

What are some of the major challenges both brothers foresee for the future of treasury?

8 / 8

What is one of the key qualities the Aguayos look for when hiring treasury talent?

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