In this week’s show I am joined by Stephen Darnley, the Corporate Treasurer at International Air Transport Association (IATA).
IATA was founded in Havana, Cuba, on 19 April 1945. It is an international not-for-profit trade organization, created over 70 years ago by a group of airlines. At its founding, IATA had 57 members from 31 nations, mostly in Europe and North America. Today it has some 290 airlines in 120 countries comprising 82% of total air traffic. The organization also represents, leads and serves the airline industry in general.
The international scheduled air transport industry is more than 100 times larger than it was in 1945. Few industries can match the dynamism of that growth, which would have been much less spectacular without the standards, practices and procedures developed within IATA.
Today it is the prime vehicle for inter-airline cooperation in promoting safe, reliable, secure and economical air services for the benefit of the world’s consumers.
Stephen has worked in the travel and transportation industry in the past. But his incredible, diverse work experience was never limited to one industry, and he has encountered many sectors in his remarkable career. He discusses the roles he held, the skills he acquired, and how this broad approach to his career guided him into the position he holds today.
On the podcast we discussed…
- How he transitioned from accounting to treasury
- The wide array of industry and sectors that broadened his skill set
- How treasury is a truly mobile career that transcends sectors
- A fascinating look at treasury inside IATA – a not-for-profit association
- Insight into treasury – then and now
- How technology will evolve in treasury
If you have any questions for Stephen, he can be reached via his LinkedIn profile.
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