CFO of the Future

Bash Govender () and Axel Monterio ()
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Bash Govender: Capco
Axel Monterio: Capco

Journal of Financial Transformation, 2019, vol. 50, 44-51

Abstract: Finance departments of major financial services organizations (FSOs) have undergone dramatic changes since the great crash of 2008. They have had to cut costs severely while still supporting an expanding portfolio of new regulatory and business requirements. As a result, they have been unable to fully benefit from the innovation boom of the past decade. In order to get a better understanding of the perspectives of the Chief Financial Officers (CFOs) of major FSOs on the current and potential operating models of the finance department, we interviewed a number of CFOs and finance executives across Europe and North America. We found that while the past decade has been tough on these departments, the future can be bright should they be able to institute the necessary digital innovations that the other departments and organizations have benefited from.

Keywords: CFO; Financial Services CFO; Finance; Digital Finance (search for similar items in EconPapers)
JEL-codes: G20 G21 G22 G23 G24 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:ris:jofitr:1634

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