Auckland-based dairy giant Fonterra Co-operative Group has announced the appointment of Mary-Jane Daly as group treasurer, and Mark Aldridge as deputy group treasurer. Group Controller, Bryce Houghton, said that the two appointments would create strong leadership for the treasury team, which is responsible for managing the company's cash flow and debt portfolio, including the associated risks. "With Mary-Jane's breadth of international experience in corporate banking and capital markets and Mark's depth of in-house treasury expertise, Fonterra has secured an outstanding team to spearhead its corporate treasury function."