Barbara Raths, Director of Treasury Management and Government Banking at Camden National Bank, leads the bank’s corporate, nonprofit and government treasury management business development efforts and delivers innovative treasury management solutions to the bank’s clients. The Treasury Management team manages and grows relationships with clients operating in a complex payment environment and creates customized deposit, working capital, risk management and operations strategies. Barbara and her team advise clients on cash management, deposits, payments, liquidity, fraud prevention, foreign exchange (FX) and trade finance.
Prior to joining Camden National Bank, Barbara served as SVP, Government Banking at People’s United Bank where she managed and grew a portfolio of government clients in Maine and New Hampshire and was responsible for deposits, collateral and loans and coordinated treasury, credit card, merchant, escrow and wealth management services.
Barbara has middle-market corporate treasury experience. From 2013-2016, she worked as the Team Lead for Treasury at WEX Inc., a high growth publically-traded multinational payments company with over $1 B in annual revenue. At WEX, Barbara led a treasury team in a complex, rapidly expanding global payment environment, executed a balance sheet FX hedging program in response to market volatility, helped to manage a multi-currency credit facility, and oversaw debt covenant compliance.
Prior to working at WEX Inc., Barbara served as the Deputy Treasurer for the State of Maine for 8 years, where she oversaw cash and debt management. She also represented the State Treasurer on authority and retirement system boards and received the 2007 Maine State Manager of the Year Award for her outstanding leadership in public finance.
Barbara received an M.B.A. from the University of Southern Maine, has a B.A. with Highest Honors from Bates College. At Bates, she was President of the debate team and competed in National and World Debate Championships. Barbara currently serves as Chair of the Board of the Maine Health and Higher Educational Facilities Authority and Board Secretary for the Maine International Trade Center. She has previously served on the Board of Trustees of Bates College and the Board of Trustees of Breakwater School. She lives in Cape Elizabeth, Maine with her husband, Joseph Boucher and their 3 children.