Treasury Strategies in the Consultancy Market with Tony Carfang

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Featuring

Mike Richards

CEO, The Treasury Recruitment Company

About this episode

The Treasury Career Corner Podcast is back for another intriguing episode with a treasury professional. On this episode, I’m joined by Tony Carfang, the Managing Director at The Carfang Group. Tony has a distinguished background in consulting, writing, speaking, thought leadership and advocacy in the area of treasury management, payments, liquidity, and banking.

Tony founded the Treasury Strategies consultancy which later merged with Novantas, Inc. He has consulted extensively with corporate treasurers, corporate and transaction bankers and liquidity experts at securities firms worldwide. He and his teams work with corporate CFOs and Treasurers to optimize their treasury, payments, fintech and risk management strategies. He also helps guide many of the world’s largest banks and securities firms to position their services effectively in the marketplace. In 2011, he was named one of the 100 Most Influential People in Finance by Treasury & Risk Magazine.

He is a vocal advocate of clients’ interests surrounding regulatory issues and liquidity management. Tony presented white papers and consultation commentary on behalf to clients to the US Federal Reserve and US Treasury Dept., the Bank of England, the European Commission and the European Central Bank. He has appeared on several shows including CNBC’s Kudlow Report, Bloomberg News and Fox Morning Business to debate proposed money market fund regulations and valuation of auction-rate securities. Tony has also testified extensively in the U.S. House and Senate on financial issues including Dodd-Frank, money fund regulations, “too big to fail issues” and the impact of regulation on job creation.

Tony received his MBA from Northwestern University and a BS from Duquesne University. He founded the Alpha Phi Delta Foundation, which oversees a scholarship fund and other philanthropic activities. He is also a member of the board at Duquesne University and the board of SurvivingBreastCancer.org. He is a specialist in Italian genealogy and an avid chess player and former coach.

Now leading The Carfang Group, he is transforming years of treasury management innovation into robust strategies for clients.

On the podcast we discussed…

  • How Tony started his career in treasury and progressed through his career
  • What motivated Tony to start his own consultancy firm and what advice he would give to anyone who’s thinking about setting up their own
  • The importance of communication in the quest for success
  • How the treasury market evolved since Tony launched Treasury Strategies
  • How technology has impacted the role of the treasurer
  • Why you should make time to network and continue to learn to help advance your career

If you would like to get in touch with Tony, you can email him at tony@thecarfanggroup.com with your issues or questions and/or connect with him via his LinkedIn profile.

To read Tony’s white paper which identifies 11 trends that are going to completely remake the financial services market place – “Mega Trends in Treasury, Money, and Banking,” click here.

Read The Carfang Group’s article, “On Success,” to discover the four critical building blocks of personal and career success.

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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🎧 Earn CTP & FPAC Credits by Listening to the Podcast

Whether you’re at the gym, on your commute, or walking the dog – you can now make your podcast time count toward your professional development.

We’re thrilled to share that Treasury Career Corner podcast episodes now qualify for CTP and FPAC recertification credits through the AFP’s Independent Study category.

How It Works:

  • Listen to a Treasury Career Corner podcast episode
  • Complete the short multiple-choice quiz
  • Score 80%+ to pass
  • Submit your credits to AFP as part of your recertification record

➡️ Credits earned per episode length:

  • 30 mins = 0.6 credits
  • 45 mins = 0.9 credits
  • 60 mins = 1.2 credits

No filler. Just real treasury conversations covering leadership, strategy, risk, technology, and team building.

🧠 Quick Facts:

  • 📝 Quizzes contain 6–10 multiple-choice questions
  • 🎯 You need 80%+ to pass
  • ✍️ Quiz submissions are reviewed manually
  • 📋 We must then VERIFY you are a CTP treasury professional to help prevent automated or non-genuine submissions
  • ✅ Once verified, we mark your quiz and send CTP credit confirmations every Friday
  • 📨 If you need results sooner? Then email mike@treasuryrecruitment.com and we’ll try to prioritise the marking of your latest quiz

NOTE: In line with AFP compliance requirements, no more than two quizzes may be completed per day.