Chief financial officers live in a middle ground that requires them, in order to be effective, to be well versed on micro issues while keeping a firm eye on the big picture.
It can be a difficult balancing act, but one that is necessary for CFOs who take on critical leadership roles within large companies, work in partnership with the CEO to guide an enterprise forward all the while acting as an useful advisor to the board, said participants at ACCA roundtables on The Value of the Modern CFO held in Beijing and Shanghai in September.
In London, for example, CFOs are a “key part” of the city’s offer as the “only truly global” financial centre. As they are in London, high calibre CFOs are also key to the evolution of Shanghai as a financial hub.
Watch our interviews with the panelists to see what their views are on the changing role of the CFO.