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Articles

AFP 2017: Inside World Vision's Award-Winning FX Solution

  • By Staff Writers
  • Published: 10/17/2017
In an interview at AFP 2017, Kathryn Powers, Global Treasurer for World Vision International, discusses her organization's award-winning FX solution. Faced with sharp swings in currency rates and potentially significant FX losses in the 70+ countries in which it operates, World Vision introduced an active FX management solution that reduced costs for its country offices. The initiative resulted in huge savings and ultimately won World Vision the 2017 AFP Pinnacle Grand Prize. The Pinnacle Awards are sponsored by Wells Fargo & Co.

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