Tim Thomann

Topic: Credit and Risk Management of the Globalization of Chinese Enterprises
Day 3 - September 26 10:25

Obtaining and Evaluating Information to Assess Credit Risk

Silverback Associates is a consulting company founded in 2007 by Tim Thomann that specializes in global credit management solutions for global organizations.  This includes establishing global credit organizations, developing corporate policies and procedures, trade finance solutions to reduce credit risk or provide financing, due diligence activities, SOX compliance and working capital management.  Tim has expertise of credit management in all regions of the world, specializing in the developing economies of Asia and Latin America.

Tim’s most recent position was directing the credit and accounts receivable global operations for Celanese Corporation, formerly Hoechst Celanese.  He has held numerous positions of increasing responsibility in the Credit, Finance, Accounting and Treasury functions over his 30 year tenure with Celanese.  Over his career he worked in the chemical, specialty chemical, pharmaceutical, plastics and fiber businesses.  His most recent responsibilities included managing a USD 1.5 Billion receivable portfolio and 55 employees located in 5 regional centers around the world. 

He has held the positions of Executive Chairman, International Chairman and Vice Chairman of the National Chemical Credit Association (NCCA).  He also has been a long standing member of the Finance Credit and International Business (FCIB) and the National Association of Credit Management (NACM).  Tim is a founding member of FCIB China and currently a member of FCIB China’s Advisory Board.  Tim is also a Board member of 3ACredit located in Shanghai.  He has participated as a speaker and panel member at numerous conferences and credit forums.