Air New Zealand's treasury team won the INFINZ “Excellence in Treasury” prize for the second time in three years at the recent industry awards function in Wellington. Air New Zealand's CFO, Rob MacDonald (the company's former Treasurer) accepted the award on behalf of the treasury team, headed by industry stalwart, Paul Kelway. Apart from their normal treasury business of aircraft lease-finance deals and hedging jet fuel/FX, the treasury function has arranged all their creditor payments globally onto an electronic banking platform. No mean feat, when the numbers of countries they land in and buy supplies from are considered. The three other finalists this year were, SKYCITY Entertainment Group, Infratil and Kiwibank.
Other award category winners on the night were:-

• Bank of the Year = Westpac Institutional Bank.
• Best Corporate Communicator = Contact Energy.
• NZ Equity Fund Manager of the Year = Brook Asset Management.
• Sharebroking Firm of the Year = First NZ Capital.
• M & A House of the Year = Cameron Partners.
• Research Analyst of the Year = Marcus Curley of Goldman Sach JBWere (NZ).
• Debt Deal of the Year = Rabobank Perpetual Non-Cumulative Capital Securities:- Issuer: Rabobank Nederland, Joint Lead Managers: First NZ Capital and ASB Bank.
• Independent Report of the Year = KordaMentha for the Crescent Capital Partner's offer for Albano Healthcare.