Orica's explosive recovery

Profile

Ironically, for a company that describes itself as the world's leading supplier of commercial explosives, Australia-based Orica nearly imploded four years ago when struggling to change a long-established culture in order to deal with the challenges of globalisation. A new chief executive officer and two new chief financial officers (CFOs) later, the company is in robust good health, which is underpinned by a strong treasury operation.

Treasurer Frank Micallef makes few claims for his team's r

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