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11 Jul 2014 11:00

Etihad Airways, the national airline of the United Arab Emirates, has been honoured at the gtnews Awards for Global Corporate Treasury and Finance which recognise best practice and projects within the global corporate treasury and finance sector. 

The Abu Dhabi-based airline’s financial planning and control team was presented with the Financial Planning and Analysis Award in London for best practice in financial planning and long-term planning. 

The team was credited by judges for the roll-out of a new decentralised controlled process that utilises its cloud-based planning tool, Adaptive Insights, significantly enhancing and shortening the planning cycle. 

Commenting at the awards, the judges said the new process has “instilled discipline and enabled Etihad Airways to establish a roadmap to improve company performance significantly.” 

Vydya Venkateswaran, Etihad Airways’ Vice President Financial Planning and Control, said: “The gtnews Awards are among the most prestigious a company can receive in the financial planning and analysis field. 

“The Etihad Airways Finance Planning and Control team has contributed to the success of the airline. This award recognises the impact the decentralised planning process has had across the company.”

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