Transaction Banking Awards 2023 Ceremony

The annual Global Finance event, coinciding with Sibos, acknowledges the world’s best in corporate financial services.

Global Finance hosted its annual Transaction Banking Awards ceremony alongside the annual Sibos conference held in Toronto this year. Ideas driving the discussion at the September event included improving transaction transparency, adopting data standards for corporates, digital asset servicing and enhancing efficiency with artificial intelligence.

The Global Finance ceremony at the University Club in Toronto provided an opportunity to celebrate in person the achievements of those winning our 2023 awards for Best Transaction Banking, Best Sub-custodians and Best Treasury & Cash Management Providers. Leaders in relevant banking divisions—transaction banking, global securities services, cash management, and more—attended with other senior executives from 47 organizations worldwide. Congratulations to all the winners! 

José Penido, Executive General Manager for Bradesco collecting The Best Sub-custodian Bank Award in Brazil for 2023.
Andreea Parneci, Deputy Head of Global Transaction and Payment Services for Societe Generale collecting the World’s Best Bank for Liquidity Management for 2023.
Banreservas General Director of Institutional Business and Remittances Victor Morillo accepting the 2023 Best Bank for Cash Management Award in the Dominican Republic.
Sriram Muthukrishnan, DBS accepting the Best Bank for Liquidity Management – Asia-Pacific for 2023.
BBVA’s Alexis Thompson accepting the award as 2023 World’s Best White Label Systems Provider – Bank.
Angela Culver, Global Head of Marketing, Treasury and Trade Solutions at Citi receiving the World’s Best Transaction Bank award for 2023.
Amr Elsolamy, Head of Transaction Banking at Arab Bank receiving the Best Bank for Cash Management – Middle East 2023.
OCBC’s Sharon Khua accepting the 2023 Best Treasury and Cash Management Provider in Indonesia and Malaysia awards.
Athanassios Daflos, Head of Transaction Banking Solutions in Eurobank collecting the Best Treasury and Cash Management Provider Greece award for 2023.
Mal Cullen, CEO of CIBC Mellon accepting the 2023 World’s Best Sub-custodian Bank award.
Nassif Chehab of National Bank of Kuwait receiving the Best Treasury and Cash Management Provider in Kuwait award for 2023.
BKT Kosovo’s Suat Bakkal, CEO and Board Member collecting the Innovators in Finance – Foreign Exchange award 2023.
BNP Paribas’s Securities Services team collecting Best Sub-custodian Bank in multiple countries from Editor At Large Andrea Fiano.
Standard Bank’s Hari Chaitanya accepting the 2023 Best Sub-custodian Bank in Africa award.

Joe Conidi (left) and Michael Devlin (right) of iGTB collecting the Best Virtual Accounts Solution for Corporates award for 2023.