THE ING-FINEX CFO of the Year Award is coming back in November to mark the 14th year of the annual search for the best chief finance officer, who has now evolved into a dynamic, multifaceted game changer.
“As a strategist and catalyst, the CFO plays a significant role in creating value for the corporation. As steward and operator, the CFO is expected to protect the reputation of the finance function, and that of the company as a whole, with both internal and external stakeholders,” said Jose Jerome Pascual III, president of the Financial Executives Institute of the Philippines (FINEX), in a statement.
FINEX, the country’s premier organization for finance and business professionals, and Dutch financial giant ING Bank N.V, are behind the CFO of the Year Award to honor today’s top finance executive who needs to fulfill four roles: strategist, catalyst, steward, and operator.
Introduced in 2006, the ING-FINEX CFO of the Year Award has become the most prestigious honor for the country’s finance chiefs with a different theme every year.
“Today, the CFO has become even more critical,” said Domingo C. Go, liaison director of ING-FINEX CFO of the Year Award committee. “That goes not only for the all-encompassing financial function, but also for the critical stewardship of the company’s assets, and to navigate the sea of uncertainty in this time of a pandemic.”
The committee said this year’s theme — “Game-Changing CFO” — refers not only to the awardee’s winning character of being able to make a difference “but also serves as a challenge for the winner to live up to the title in this time of a global crisis when the world, the industry, or the very game itself, has changed.”