Royston Da Costa

Royston Da Costa has over 27 years’ experience working in treasury. He joined Wolseley, now Ferguson Group, in April 2002, and was responsible for managing the large, international group’s daily debt and cash requirements. He also implemented a global multi-currency notional cash pooling structure with BMG in 2010.

After being put in charge of treasury systems and development at Ferguson in 2010, Mr Da Costa helped improve the visibility of Wolseley’s cash around the group using SWIFT MT940s, and in 2015 managed the project to implement a cloud-based treasury management system called Bellin.

He was promoted to assistant group treasurer in November 2016, and is now responsible for the middle office. Internally, he acts as the focal point for Ferguson Group’s business units on operational treasury issues such as payment connectivity, working capital and transactional banking. Externally, he is the main contact for the group’s relationship banks on matters related to payments, regulation and technology. He continues to be responsible for driving forward the group’s strategy on treasury systems.

Mr Da Costa previously worked at Sky, Gillette, Seagram’s and Vivendi Universal.