Historic Surge in Certified Treasury Professionals: AFP Announces Record Numbers for 2024

Association for Financial Professionals Marks Historic Milestone in Treasury Education

In an unprecedented achievement for the finance sector, the Association for Financial Professionals (AFP) has welcomed 974 new Certified Treasury Professionals (CTPs) in 2024, making this the largest influx of CTPs in the program's history. This milestone reflects the growing recognition of the CTP certification's value among treasury professionals globally.

The new CTPs hail from an impressive 48 countries, showcasing a truly international effort in raising the bar for treasury and finance practices. Countries such as Canada, Egypt, Hong Kong, Saudi Arabia, Singapore, the UAE, and the United States contributed significantly to this cohort, expanding the network of CTPs now represented in 84 nations worldwide. This diverse group signals a commitment to excellence in corporate treasury across various cultures and business environments.

The CTP certification is increasingly seen as a critical asset in a competitive job market. It not only equips treasury professionals with essential skills for their day-to-day responsibilities but also validates their expertise in key financial functions. A staggering 96% of new CTPs reported their willingness to recommend the credential to colleagues, underscoring its relevance and reliability.

"The CTP certification stands as the global standard for corporate treasury. It represents a dedication to superior performance and ethical business practices," stated Jim Kaitz, President and CEO of AFP. As employers seek qualified professionals, over 80% of Fortune 500 companies have incorporated CTPs into their teams.

Moreover, the demand for CTP-certified professionals aligns with corresponding compensation benefits. According to the 2024 AFP Compensation and Benefits Survey, treasury analysts with a CTP designation enjoy salaries that are roughly 15% higher than their non-certified counterparts, illustrating a tangible ROI on the certification.

The robust interest in the CTP certification mirrors a broader trend within the finance industry towards continuous professional development. In 2024, the AFP not only saw a record number of new CTP applicants but also a peak in total candidates registered to take the CTP exam. This increased interest signifies a collective shift towards elevating professional standards and enhancing the overall expertise within treasury.

As AFP continues to support finance professionals through education and networking opportunities, the organization remains committed to enhancing the proficiency of treasury and finance members. Each year, AFP hosts the world's largest networking event tailored for corporate financial professionals, providing essential resources for career growth.

In conclusion, the Association for Financial Professionals has achieved a historic milestone with the induction of this record number of CTPs, which promises to have a lasting impact on the treasury profession. With such a large class of new certified professionals, the future of treasury excellence looks remarkably promising. For a complete list of the new CTPs awarded in 2024, please visit the AFP's official website.

For inquiries related to the press release, reach out to Joe Hodanich, Director of Digital Strategy, via email.