Imperial Tobacco, with revenue of some GBP5.4 billion (USD7.65billion), plans to hire a derivatives conversant assistant treasurer. John Jones, group treasurer in Bristol, U.K., said the recruit would need to have experience using interest-rate and foreign exchange derivatives for hedging risks originating from funding and overseas revenues. Candidates are most likely to come from another international corporate treasury, according to Jones.
The position was created when Jones was promoted to group treasurer two weeks ago. Imperial Tobacco hopes to fill the position by November.
