Rudy PriyetnaLead Division CFO, Robotics and Motion China
"A recession is looming, easy money is ending and the yuan is falling - get set for 2019, the year of living dangerously."
- South China Morning Post, December 2018
About the CFO Innovation Shanghai Forum 2019
China's current rapid changes in government policies continues to be perceived by CFOs as having the highest risk impact to most organization as striking a balance between growth and staying in compliance becomes increasingly challenging.
In addition, the raising concerns over cost and difficulty in achieving internal buy-in is slowing down the uptake of emerging technologies resulting in inefficiency and slow productivity.
How can CFO in China today think out-of-the-box in 2019 to innovate and improve on current strategies to better managed the evolving regulatory policies and optimize technology usage and adoption to drive new business growth and operating velocity?
Going into the 7th Annual Year, CFO Innovation Shanghai Forum - one of industry's most reputed, highly engaged and widely attended forum for the region's top Chief Financial Executives and Senior Financial Professionals, will unveil new innovative growth strategies to help organization regain financial stability and steady growth amidst economic uncertainty in China.
This close-door forum will gather over 180+ CFOs, Chief Accountant, VP Finance, GM/Head of Finance, Head/Director of Treasury, Risk/Audit Directors and other Senior Financial Professionals to find out what it takes to become a successful CFO today!
Who will attend?
CFOs, CEOs, Chief Accountant, VP Finance, GM/Head of Finance, Head/Director of Treasury, Risk/ Audit Directors, Finance Controller, Risk Managers, Account/Finance Managers and other Senior Finance Executives and Professionals that are involved in Driving Technology-Led Financial/Business Solution within the organization
According to CNBC (October, 2018), Goldman Sach forecasts that RMB is going to get weaker as we step into 2019. The low RMB is said to keep China's export cheaper and more competitive. In addition, China's economy uncertainty and unpredictability is said to have bigger swings in the coming years ahead.
As CFO's role evolves to become a strategic business partner, what are the other key economic trends that will significantly impact CFOs in China today and how should CFOs prepare themselves and react to these changes.
China's state planner has reached an agreement (September 2018) with a major Chinese policy bank to invest 100 billion yuan in big data, cloud computing and smart city projects over the next 5 years. The National Development and Reform Commission said its financial agreement with the China Development Bank (CDB) aims to drive China's "digital economy".
CFOs from Global MNCs and China's Major Companies are also setting aside significant spending and investment into big data & cloud technology. Find out more about the benefits and ROI of cloud computing and how much should CFOs be invested in this in this insightful and interactive session.
According to Accenture's "CFO Reimagined" report, 79% of CFOs said that their role is changing as a result of digital technology. In addition, 81% said they are targeting and identifying areas of new value across the enterprise, and 75% said finance is best positioned to help the business drive the model underpinning new technology investments.
The emergence of digital technology offers an unprecedented opportunity to transform not only the CFO's organization and processes but also its image. Many CFOs who are adapting their role have already experienced major benefits via real-time, integrated decision support and predictions powered by digital.
Therefore, in this panel discussion, we will be focusing on:
Bank of America
Hayao Pharmaceutical Group
Intercontinental Hotels Group (IHG)
Laird Performance Materials
Shanbao (Sandvik JV)
Society Generale Corporate and Investment Banking
Johnson & Johnson
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CFO INNOVATION (www.cfoinnovation.com) is an online publication, research provider, and conference organizer that focuses on issues specific to top level finance managers in the corporate sector in Asia and China. Our targeted events across Asia attract hundreds of CFOs from multinationals and other major enterprises every year.