The role of treasury department is to manage the assets and liabilities of a financial institution to enhance earnings, profitability and shareholders wealth.

In undertaking this role, the treasury management has not only to contend with the business cycles but also events and crises such as the COVID -19 global pandemic, low and fluctuating crude petroleum oil and other commodity prices. These events and happenings have brought uncertainties and volatilities in the financial markets and pose risks to the role and function of treasury management.

a) Discuss the challenges, the risks and impact faced by the Treasury Management including the strategies Bank Treasuries could effectively adopt to mitigate the risk to its earnings, profitability and shareholder value. (1000 words)