Search
Select region
Close filter
Leadership Advisory

The Changing Role of Today’s CFO

Egon Zehnder recently organized a forum to discuss the role and responsibilities of the CFO in dynamic environments.

The global financial crisis put the spotlight on the CFO as never before. In addition to responsibilities of corporate governance, he started to involve himself in operational and strategic decisions of the company, moving from supplying financial information to actually providing business advice.

More recently, he has taken on a larger-than-life role within the organization – laying stake to areas that had previously never been considered his domain of expertise. Cases in point are the active role he plays in talent management, contributing to areas beyond finance, and assuming the role of CEO designate.

No longer is the CFO only preoccupied in building credibility for the finance function, he has to instil a sense of confidence among employees, customers, partners as the one person who has all the answers. It goes without saying that the CFO’s level of understanding of the business has evolved tremendously from what it was three years ago.

CFOs from diverse industries have convened to share their views on the emerging responsibilities of the function, encapsulating the new skills that needed to be developed to meet the growing demands.

Topics Related to this Article

Related content

Psychological Safety: Digging Deep Within

Psychological Safety: Digging Deep Within

Leadership Advisory

Examining psychological safety, why it boosts performance, and why it matters. Read more

Audit Committee Report: Danger Ahead

Audit Committee Report: Danger Ahead

Board Advisory

Audit committees exist to flag dangers. And they are seeing a new series of threats to enterprise looming ahead in the next year. Read more

The Future of Retail

The Future of Retail

CFO & Audit Chair

Retail companies have been permanently changed by the Covid-19 pandemic. Consumer behaviors have shifted, employees have embraced different ways of working and investors continue… Read more

Changing language
Close icon

You are switching to an alternate language version of the Egon Zehnder website. The page you are currently on does not have a translated version. If you continue, you will be taken to the alternate language home page.

Continue to the website

Back to top