Each year at this time, Treasury & Risk recognizes the latest up-and-coming generation of finance executives who are turning in notable performances before they reach the age of 40–not an easy task in these turbulent economic times. To compile this list, we confer with best-practices finance departments and treasuries, consultants and executive search firms as well as our readers, who have provided nominations. Weighed in the evaluation of the candidates are the responsibilities they currently shoulder, companies they have served and outstanding projects they have set up or completed. Degrees are noted only in that they reflect a commitment to enhancing knowledge. This year, our picks range from 32 to 39, from risk managers to controllers to treasurers to CFOs at companies of all sizes. Many have studied, lived and worked on multiple continents. Indeed, the roster has become truly global. For the sixth year in a row, CITI is sponsoring this list, although no one from there plays a role in its preparation.

Nadeem Ali, 38

Cummins Inc.