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COAFP Event Summaries


November Event - LIBOR Discontinuance: What you need to know

COAFP hosted Vorys, Sater, Seymour, and Pease LLP associate Zachary T. Brumfield to share developments regarding the 2021 discontinuance of the London Inter-bank Offering Rate (LIBOR). LIBOR is a globally accepted, benchmark interest-rate that indicates borrowing costs between banks.

Why should we care? LIBOR currently is used within approximately $200 trillion dollars of financial contracts across the globe. Zachary provided the background on why global financial watchdogs have decided to migrate away from LIBOR, the financial markets response to those decisions, and what market initiatives have originated as a result. Loan and ISDA (Derivative) contracts will have direct implications both operationally for company but also legal implications to consider.

Thank you to Zachary Brumfield for sharing his LIBOR discontinuance insights with our COAFP membership!!

Click Here to view the event Slide Deck

September Event - Inside the $500M Dublin Bridge Park Project

COAFP partnered with Crawford Hoying for our September 2019 social event which was hosted at their Dublin, OH offices in the new Bridge Park Development. Crawford Hoying is one of the larger real estate management and development firms in the Central Ohio region. Matthew Starr, Executive Vice President of Development for Crawford Hoying, shared his outlook on the local real estate market, characteristics of future real estate investments, and the nuances of managing a large commercial real estate portfolio. The COAFP membership learned about Columbus’s building codes and the implications for developments in the Short North District as well as a deep-dive into Dublin’s Bridge Park developments challenges and successes. Our conversation with Matthew reaffirmed the strength of the local economic from a socio-economic perspective. Columbus is home to an inflow of new families, professionals, and academics due to our diverse marketplace, complimented with the strength of our local higher education institutions. The membership congregated at PINS Mechanical within the Bridge Park Development for cocktails and networking immediately following our speaker session. Thank you to Crawford Hoying for your partnership!


August Event - Treasury Best Practices Panel

COAFP hosted its annual treasury management best practices panel this past week at Ohio State’s Fawcett Center! Our membership gained perspective into the treasury and risk management operations of three local middle market firms; IGS Energy, Advanced Drainage Systems, and Hexion Inc. COAFP is so thankful for our panelists: Devin Crist, Manager of Treasury and Risk at IGS Energy, Michael Lydon, Assistant Treasurer at Advanced Drainage Systems, and Raquel Alvarex Mateos, Cash Manager North America at Hexion Inc. We greatly appreciated their insight on relevant topics such as application of faster payments, integrated receivables, advanced financial technology such as APIs and Blockchain, and risk mitigation strategies in today’s environment.


June 2019 Event - Cybersecurity in the Digital Age

COAFP hosted Mike Stiglianese, Managing Director of BDO USA’s Technology and Business Transformation Services, to share his industry experiences and strategic initiatives on mitigating cyber risk. Mike educated the COAFP membership on common cybersecurity misconceptions in the marketplace and reviewed public data breaches that have been covered in the news cycle within recent years. He strongly encouraged all corporate practitioners to perform cyber assessments using a combination of legal advice, reviewing communication protocols and understanding a company’s risk tolerance. He also reassured the membership that the cybersecurity landscape is fluid and constantly evolving. A few common short comings Mike has witnessed in the marketplace: Companies overestimating their risk mitigation infrastructure without assessing its relevance annually, as well as corporates favoring “being in compliance” without testing the viability of a firm’s risk mitigation protocols and procedures. We thank Mike for the insight and knowledge he provided our attendees. 

April 2019 Event - The 2019 Buckeye Financial Forum

On Monday April 29th, the COAFP hosted its 34th annual Buckeye Financial Forum at the Marriott Columbus Airport. The conference kicked off with commentary & opening remarks by Nick Fortine and Doug Buchanan, of Columbus Business First. Thereafter, informative breakout sessions were made available to attendees on topics such as: Real Time Payments, Global Banking Strategies, APIs, Cybersecurity, and Automating A/R. BFF’s Lunch keynote speaker, James Brunnquell of Phoenix-Hecht, shared his evaluation of treasury services pricing and feedback on the customer experience of the banks providing treasury services. Our final keynote and closing speaker was Lieutenant General Michael Ferriter, President and CEO of National Veterans Memorial and Museum, who spoke on demonstrating inspired leadership. As always COAFP closed the event with a happy hour and opportunity for practitioners and bankers alike to network and collaborate on the conference’s educational topics. A big THANK YOU to all members and guests that were able to attend. We hope to see you next year if you were not able to join us at this year’s Buckeye Financial Forum. 

March 2019 Event - Predictive Metrics & Modeling:
AI, Machine Learning and How It Impacts Business

COAFP hosted attendees for an informative lunch at The Boathouse at Confluence Park led by Phil Renaud, Executive Director of The Risk Institute at The Ohio State University Fisher College of Business. The Risk Institute operates at the intersection of risk research and risk management practices. Mr. Renaud has managed a variety of risk programs at corporations including DHL, Kmart, and L Brands. With more than 25 years of experience, Mr. Renaud shared how machine learning and artificial intelligence are integrated into many aspects of business today – from automated processes to analytics. The conversation was focused on how to mitigate risk with machine learning and AI as well as how both technologies can be leveraged to predict merger successes in the market. Thank you to all who attended! 

February 2019 Event - 2019 Economic Outlook

COAFP hosted attendees for an informative lunch at the Worthington Hills Country Club hosted by Dr. Joel Elvery, Policy Economist of The Federal Reserve Bank of Cleveland. Dr. Elvery holds a BA in Economics from the University of Illinois at Chicago and a PhD in Economics from the University of Maryland. In particular, he studies the regional economy of the Fourth Federal Reserve District, which includes Ohio, Western Pennsylvania, Eastern Kentucky, and the northern panhandle of West Virginia. Dr. Elvery compared the economics of Central Ohio and the State of Ohio against the national averages to highlight Columbus Metro Area’s fiscal strengths and economic points of slowdown. Financial and professional services led the 2018 economic charge with logistics and transportation industries not too far behind. (These super sector categories are derived from the Bureau of Labor Statistics).

Much to our surprise, Columbus Metro Area’s housing costs are lower than the national average. The Columbus Metro Area apartment rental rates average $1 per sq. foot while the national average is $1.50 per sq. foot. It was also interesting to note that the Columbus Metro Area is more productive than the State of Ohio and the Nation as a whole and the employment growth outpaced the nation.

The population of the area grew at a rate of 1.6% in 2018 over the previous year. This is double the growth rate of the nation at 0.7% and of Ohio at 0.3%. The latter part of the presentation focused on technological change and what that means for productivity and wages. Dr. Elvery concluded the 2019 economic outlook with comments regarding an expected softening of GDP growth of 2.5% and expected inflation within the FOMC’s target range of 2%. 

November 2018 - Columbus Brewery Tour

Adam Benner, President of Land Grant Brewery, hosted an open forum discussion on the national and local craft beer industries at Land Grant Brewery, located in Franklinton area off of West Town Street. Adam and co-owner Walt Keys started Land Grant Brewery after returning to the Greater Columbus Region in 2012. The creative beer flavors and humor-filled beer names have since propelled Land Grant to be one of the most popular breweries in Columbus. 

Adam shared his financial trials and the triumphs of scaling a home-brewing operation into a full service brewery and tap room. In a more macro perspective, he also provided insight into the competitive nature between the national brewers and craft brewers. We learned the necessary steps to brew beer, differences between hops and malt flavors, and the beer canning process. 


August 2018 - Treasury Best Practices Panel

Attendees at the Treasury Best Practice Panel discussion heard from a diverse group of corporate treasury professionals on a variety of topics. Jean Hilliard with Hartsema Group served as Master of Ceremonies and posed a series of questions to the panel.

Panelists were: Timothy Dwyer, VP & Assistant Treasurer, Nationwide Insurance; Doug Von Doersten, CGMA, CPA, Executive VP, CFO, Diamond Cellar Holdings, LLC: Michael Gordon, Corporate Controller, Stanley Steamer; Daniel Bloch, VP Finance, MGF Sourcing; and Greg Norris, Director of Treasury Operations, Washington Prime

While the panelists represented varied lines of businesses, some of the themes remained constant:

  • One point of contact with their bank is preferred, and they want a “relationship” with that person.
  • Participation in the credit facility plays a large role in determining who they will approach for new business needs; however expertise is also a consideration.
  • Regulatory concerns - PCI compliance, 404 compliance, the KYC process and liquidity stress tests were some of the regulatory requirements mentioned.
  • The panelists and their teams look to automate processes whenever possible – from use of a treasury workstation to engaging a 3rd party to initiate ACH transactions, to use of an early warning system that confirms an account holder’s identity.
  • Fraud remains a significant concern – some best practices shared were utilizing check and ACH positive pay services, changing passwords frequently, and checking insurance coverage to ensure adequate levels of coverage. One company recently engaged a company to review its email system, web sites, and internal systems for possible weaknesses that could lead to, or allow for, fraud to occur.
  • All panelists said they would use a mobile platform for their banking if they felt it was secure. This is the first year all panelists answered yes to this question – a definite shift in acceptance of mobile banking by corporates.

A big COAFP thank you to the esteemed panel, our Master of Ceremony, and all the volunteers that make this event so special each year. 

June 2018 - State of Ohio and the Marijuana Industry

Justin Breidenbach, CPA, CFE gave a very engaging presentation on the State of Ohio and the Marijuana Industry. The event was held at the beautiful Worthington Hills County Club with over 40 treasury professionals in attendance. Justin took a very complex subject and presented it concisely while providing real life antidotes of the challenges of an industry legal at the state level and not the federal level. We learned terminology of the industry, dispensary vs retail outlet, along with the tax, banking and insurance implications. The barriers to enter the industry are large including a sizeable escrow payment to start the business and an unusual tax treatment.  

April 2018 - 2018 Annual Buckeye Financial Forum

The 2018 Buckeye Financial Forum hosted by the Central Ohio Association for Financial Professionals was a success!  There were approximately 160 attendees representing both corporations and banks.

A special thank you to the presenters for both the general and breakout sessions!  All sessions received positive reviews and comments.  We heard your feedback regarding room size for some breakout sessions and we are working to rectify that issue.

A special thank you to the attendees that suggested sessions for 2019.  We appreciate your input and value every suggestion. 

The date of the 2019 Forum is Monday April 29, 2019.  Mark your calendars now.  Do you know of a good presenter? Let us know ASAP so we can start organizing this amazing day of networking and learning. 

March 2018 - OSU Panel Discussion

The Center for Career and Professional Success at The Ohio State University invited a panel of four COAFP members to address a student audience on March 28th. Bob Barnes, Michael Lydon, Robin Mink and Ken Tirpack fielded questions posed by approximately 25 students interested careers for Bachelor of Arts students majoring in Economics and Financial Mathematics.

The panelists stressed the importance of communication, pursuing areas of interest/passions, and leadership roles. The benefits of certifications vs. advanced degrees was of particular interest to students. Students were encouraged to research job positions and understand the preference on certifications as it can vary.

The event was successful and generated student interest in the COAFP and the Buckeye Financial Forum! We look forward to potential future collaboration events with the Center for Career and
Professional Success. 


February 2018 - 2018 Economic Update

One of our members’ favorite presentations at COAFP is the annual Economic Update. Our speaker this year, William Adams from PNC, is very knowledgeable and presented a challenging topic in a humorous and easy to understand way. He was able to cover the global outlook, the US outlook and the Central Ohio outlook for 2018. The information provided is very valuable and can help guide a company’s business strategy.

The Economic Update was held at a new location, The Boathouse at Confluence Park and had approximately 45 attendees. Majority of the audience questions centered on interest rates, inflation and trends that will impact Central Ohio. Certainly understandable from a group of treasury professionals.

We hope to see you at our next event, also being held at The Boathouse at Confluence Park when our topic will be "Bitcoin Revisited".

2018 President's Reception

Despite below freezing temperatures, the President’s reception was a success for all those in attendance. 

Our outgoing President, Patty Anderson welcomed incoming President, Linda Opundo.   Both, Patty and Linda, are long-time members of the COAFP with many years of much appreciated service on the Board.   Patty recognized the efforts of the 2017 Board Members, Committee Chairs and Committee participants noting that the success of the organization is largely driven by the efforts of these volunteers.    In addition to recognitions and thank yous, attendees also enjoyed networking, drinks, food and raffles at Miller’s Ale House.   

Looking forward to another year of success in 2018!   

Happy Holidays from COAFP!

Dear Members, Friends, and Guests of the Central Ohio AFP,
As 2017 comes to a close, so does my time serving as the Central Ohio Association for Financial Professional’s (COAFP) President for the last two years. I want to thank each and every one of you for your support, time, ideas and friendly faces as we have interacted to make our association what it is today. 

We worked hard together to serve as a resource for your professional development and we remain dedicated to being your premier resource for networking, career advancement, and continuing education credits. Our organization has grown by sharing ideas with our fellow regional organizations, offering monthly meetings covering topics about the economy and ever-changing treasury industry, engaging a webmaster to renew and refresh our website and communications, hosting a fantastic one-day conference known as the Buckeye Financial Forum, touring local companies and not-for-profits to learn more about our own community, and sharing time together to help each other professionally and personally.

The COAFP has much to offer and we owe it to our association as well as our peers and colleagues to help spread the word about this great organization. Please continue to do your part to tell others about us, provide them a copy of our new, updated brochure (found on our website at so they can see all the benefits COAFP has to offer, and don’t stop providing your feedback and ideas for meeting topics, social and tour suggestions, and ways to make our association even better.

And last but not least, I want to say a sincere THANK YOU to my fellow Executive Board members, Committee Chairs and Committee members for sharing their time and talents. You have made our association what it is today and I applaud you for your efforts. Don’t stop now and continue to welcome new volunteers with new ideas and ways to help COAFP become even better in 2018.

Best wishes to you and your families this Holiday Season. May you have a prosperous 2018! Look forward to seeing you at our next event!


Patricia Anderson, CTP

November 2017 - The Road to 2020: Faster Payments in the US

Great Speaker, Great Topic, Great Accomplishments, and a Great Turnout!

The November COAFP meeting started with the recognition of all the new CTPs. It is awesome to see so many professionals achieving this great milestone. Welcome to the team new CTPs. We hope to see you at another event.

The topic this month on Faster Payments had many of us thinking hmmm, how can my company use this new technology? Our speaker, Steve Ledford, explained the vision and goal of the Clearing House for the new “Real-time Payments” system. The payment platform runs on a totally new platform or “rails” as Steve called it. The payments are irrevocable and arrive in real-time, not batch, in a matter of micro seconds. Payments are processed 24 x 7 x 365. Steve’s excitement about this new product was conveyed to the group of approximately 60 attendees. To learn more about this great product, please reference the slide deck here

September 2017 - The Capital Area Humane Society

On Wednesday, September 20th, the members and guests of COAFP attended a terrific presentation by Rachel Finney of the newly branded Columbus Humane (formerly known as Columbus Humane Society).   The organization started in 1883 to protect the interest of buggy horses, wayward women and children.   At the turn of the century, the organization split where Columbus Humane would specialize in animals and other organizations would handle humans.    Columbus Humane intakes every type of domesticated animal in the Central Ohio region and partner with other groups that specialize in that species.  A good, but unfortunate part of Columbus Humane’s responsibilities in reacting to and investigating all the animal cruelty cases in Ohio.   The organization partners with Vet students from Ohio State for trainings, all animal welfare groups, and law enforcement agencies and offers low cost or free spay and neuter clinics.  

2010 -2012 were lean times for the organization due to donations declining and estate gifts slowing.    The year 2012, was especially difficult when the organization had to cut staff and programs.    Columbus Humane has made a tremendous turnaround starting in 2013 by increasing their donor base and estate gifts.   They went from a $1.9M budget in 2012 to nearly a $3.8M budget in 2017.   They are expanding to a second location in Canal Winchester and have an ongoing Capital Campaign to expand and update their current facility in Hilliard.   The nonprofit receives hundreds of checks a month averaging $25.00 each.   They are constantly working their cash flow to make sure it meets current and future needs including tracking and thanking all the donors.  

After the presentation, the members were treated to a tour of the facilities and were able to view and pet some of the dogs and cats ready for adoption.     A great time was had by all and we all learned more about a vital organization in our community!   



August 2017 - Best Practices in Treasury & Finance


From traditional themes including payment strategies, collection methods, and fraud, to product wish lists and “what you wish someone had told you”, attendees at the Best Practices in Treasury event enjoyed some lively dialogue as Jean Hilliard, Master of Ceremonies from the Hartsema Group, posed questions to three corporate practitioners. Hotel, distribution and energy operations were represented with highly experienced panelists consisting of Janice Woeste from Red Roof Inns, Beth Poling from Kimball Midwest, and Bob Barnes from American Municipal Power, Inc.

Despite the diversity of companies represented on the panel, some common themes were noted as follows:

  • Maintaining strong relationships with your bankers and ensuring they understand your operations before you need them is key to a successful partnership.
  • Cross-departmental relationships are fundamental in driving the success of project. Remember that your problems are not necessarily shared by others within your organization and “not everyone is nice”. Build a network of advocates across your organization.
  • The career path to Treasury is greatly varied and largely undefined. As noted with the panelists, roles and responsibilities often evolve over time as new challenges are presented.

COAFP Wins Again...

at the Annual Regional Officer’s Meeting in Washington D.C., July 2017


Every July, the national Association for Financial Professionals (AFP) hosts a Regional Officer’s Meeting (ROM) in Washington D.C. It is a meeting of AFP Regional Associations to gather, share ideas, discuss strategy and network all with the goal of creating a better regional association for their Members. For 2017, COAFP was represented by Linda Opundo, Jenny Morrison and Bob Barnes. 

For the 10th year in a row, COAFP has won an award for a “Best In” category. This year COAFP won in the “Best in Board and Committee Management”. This category is for the best idea to stimulate Board and Committee involvement. Under the leadership of President Patty Anderson and Vice President Linda Opundo, the COAFP Board and Committees have been operating under the theme of “many hands make light work” With this strategy, all the tasks were broken down into the smallest parts and then work with the Membership to have volunteers work on “that task”. As all volunteers worked on their tasks, the overall task would get done. As a result of COAFP’s leadership, your Vice President, Linda Opundo was asked to serve on the ROM’s 2017 planning committee. A true recognition of COAFP’s work on behalf of its Members. 

Join your fellow COAFP Members to continue the work that is done on YOUR behalf and be proud that COAFP has the designation of “an AWARDS winning Association.” Join us today!  Already a Member?  Then Click Here to Volunteer!


June 2017 - FP & A Basics Overview

The Central Ohio AFP group created a new training and networking experience by partnering with the National AFP team as nothing existed previously. COAFP wanted to provide a one day education session on FP &A. The goal was to focus on FP & A for Treasury and what you need to know that provided additional knowledge to our Treasury members and those interested in FP & A.  We are happy to report it was a big success with our members! 

We had 27 attendees with 89% of the attendees from corporations around the Central Ohio market. The attendees were able to share what their companies were doing regarding FP & A and learned tips from each other. Additionally, members shared what they wanted from COAFP over the next year such as small group sessions with other corporate members discussing specific topics. They stressed they wanted these sessions to be short, cost effective and at the appropriate experience levels such as this FP & A training. We are excited to take their suggestions and serve our Membership.



April 24, 2017 - The 2017 Buckeye Financial Forum was a big success!

The attendees at the annual Buckeye Financial forum gave high praise to this year’s presenters and their content, and spirits were high all day. This year again featured a charity drive to benefit two local organizations, My Brother’s Closet and Dress for Success, which collect professional men’s and women’s clothing respectively. The charities received many valuable clothing items during the Forum, and both they and COAFP wish to thank those who donated for their contributions.

This event could not have gone forward without the support of each and every sponsor, from Platinum to Bronze, and we are extremely grateful for your dedication to COAFP’s work. The day itself would not have succeeded without the efforts of our volunteers, either—thank you all for your participation!



Special Thanks to all of our 2020 Sponsors

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