It was a major international merger, and the clock was ticking. The CFO had to determine if the framework and operating model they developed would ensure the pending merger and acquisition (M&A) is a success. This scenario is an indication of the CFO's changing charter. Tacking onto their traditional focus of managing financial health, compliance and risk, the modern CFO's responsibilities is focused on growth and efficiencies, identified through new business models and revenue streams. CFOs now play an increasingly pivotal role in strategy formulation and execution, including M&As, which have grown exponentially over the last two years.
Oct-9-2019, 16:05:23 GMT