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Management Biographies


Tony Carfang lo res RGB

Anthony J. Carfang
Managing Director, Treasury Strategies, A Division of Novantas, Inc.

Mr. Carfang sets the groups’ strategic direction and manages senior client relationships, working with corporate clients to design treasury and banking solutions for today’s challenging liquidity and risk environment. He also works with financial institution clients to reposition themselves under regulatory and economic instability and has focused on payment systems and banking evolution since founding Treasury Strategies in 1982.

Mr. Carfang is considered a regulatory impact expert, and testified to the U.S. Congress several times regarding the Volcker Rule, Dodd-Frank and “too big to fail.” He has been featured on the Fox Business Channel, Bloomberg News, CNBC’s Kudlow Report and The Wall Street Journal, among other media outlets.

Mr. Carfang received an MBA from Northwestern University, and a BS from Duquesne University. His career in treasury management includes experience as a Vice President in the cash management-consulting group of the First National Bank of Chicago. Tony is Vice Chairman of the Board of Directors at Duquesne University. He also founded the Alpha Phi Delta Foundation, which administers philanthropic activities. He is an avid chess player and coach, and a specialist in Italian genealogy.


Cathy Gregg lo res RGB

Cathy R. Gregg
Managing Director, Treasury Strategies, A Division of Novantas, Inc.

Ms. Gregg sets the group’s strategic direction and manages senior client relationships. Her guidance improves strategies and risk management operations for corporate treasury. She is highly involved in advancing treasury technology applications and has focused on payment systems and banking evolution since founding Treasury Strategies in 1982.

Ms. Gregg has been a vocal advocate for client interests in regulatory matters, speaking to the U.S. Senate Banking Committee regarding the Volcker Rule and authoring numerous papers on the financial collapse, money fund regulations and the impact of regulatory change on U.S. liquidity markets. She has been a keynote speaker at the Federal Reserve Bank of Chicago Payments Conference, NACHA, TAWPI, the AFP National Conference, and numerous regional treasury and bank conferences.

Ms. Gregg received her MBA from the University of Chicago following a BA in Economics and Psychology from Kenyon College, where she has served on the Board of Trustees. She is a certified CCM, and has served on the advisory boards of a number of Treasury Strategies’ bank clients. She is also an avid gardener and cook.

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