Lessons From Building an In-House Bank and Winning an Adam Smith Award

In this episode, discover how Peter Schadelbauer built a centralized treasury from the ground up within a rapidly expanding global company - and how that vision led to winning an Adam Smith Award for Best Process Re-engineering Solution.Peter Schadelbauer is the Senior VP & Treasurer at NielsenIQ, the world’s leading consumer intelligence company. With a background in both banking and corporate treasury, Peter has led transformation initiatives in companies of all sizes - from family-run firms to multinational organizations - bringing modern systems, centralization, and strategy to the treasury function.Whether you're building treasury operations from the ground up, leading digital transformation, or managing change in a traditional corporate culture, this episode is packed with insights. Peter’s story proves that with vision, collaboration, and persistence, even smaller organizations can achieve world-class treasury excellence.What We Cover in This Episode:      Peter’s career journey from banking apprentice to global treasurerWhy he left banking to pursue a more strategic role in industryThe reality check of moving from theory in banking to hands-on treasury in production companiesTransitioning into treasury at Lindner Group and the evolution of a "banking department" into a full-fledged treasury functionStep-by-step creation of an in-house bank to support global operationsWinning the Adam Smith Award for Best Process Re-engineering SolutionHow to lead change and build buy-in within long-established company culturesLessons from integrating treasury systems during major corporate mergersThe role of technology in treasury - when to innovate and when to simplifyPeter’s insights on artificial intelligence in treasury and why he’s cautious but optimisticYou can connect with Peter Schädelbauer on LinkedIn. ---🎙️ Subscribe to the Treasury Career Corner podcast - Never miss an episode! Subscribe on your favourite platform:CLICK HERE for 🎧Spotify PodcastsCLICK HERE for 🍏Apple Podcasts📊 Managing short-term cash and investments - Without the right technology is a huge risk for modern treasurers. Tradeweb changes that!🎓 Save $150 on CTP & FPAC– Exclusive discounts for treasury professionals – thanks to our trusted partners.🧠 Leadership Under Pressure – Practical tools and coaching that work – from the team at Gazing Leadership🧩 What if your whole team had one clear view of your group structure - Fuseable makes it happen🔐 Managing signatory lists manually? Cygnetise gives treasury teams a smarter, safer way👉 FIND OUT MORE HERE https://treasuryrecruitment.com/partners/