Neeraj SinghalCFO – APAC
Strengthening Competitiveness through Agile Finance Transformation
Today’s complex global markets demand exceptional level of agility, accuracy and cost efficiency beyond what the normal human workforces could provide. Allowing finance functions to shrink operating costs, shore up decreasing margins, improve faster-to-market solutions and effectively focus on incrementing the value creation.
What this means is an effective integration of technologies into finance function and unlearning the conventional operating models.
The debate on the utility of hybrid cloud, AI and Robotic Process Automation (RPA) and cognitive automation is now settled and the next two years will be a consolidating period for Singapore’s financial community to integrate these technologies in a broader perspective.
The opportunities created are expected to radically simplify current processes and free up redeployable human resource. More business-facing analysis, exception-based investigations, proactive support or expert advice on strategic interventions are a few key financial functions human expertise could turn their focus onto.
This correlates to Deloitte’s prediction of 2025 headcount which states that operational finance (order-to-cash, procure-to-pay, transactional accounting, etc.) will be reduced and support for business finance (business partnering, reporting, planning, budgeting, forecasting, etc.) and specialised finance (tax, treasury, IR, etc.) will continue to grow.
CFOs in Singapore and in the region will look towards improving competitiveness of their finance function through ideal integration of technologies and learn from cross industries on how resources including workforce can be sustainably redeployed.
The 10th CFO Innovation Asia Forum, the region’s largest and longest running industry gathering, in April 2019, will cover these trends extensively with more than 50 cross-industry finance experts sharing their expertise.
Key Topics at CFO Innovation Asia Forum 2019:
What is New at the 10th annual Event?
Who Should Attend?
Development & Optimization of Resources for Revitalized Finance Function
Building Optimal Resilience & Business Continuity Strategies
Succession Planning and On-boarding Management: Redrafting HR Policies to Effectively Build Teams for Future
Building Adequate Business Resilience through Choosing Ideal Technology and Partnerships
Demand and Bridging the Supply Gap for HR in Finance: Current Trends in Addressing the Challenge
Incorporating Sound Financial and FX Risk Management Practices
TECH CFOs’ PANEL DISCUSSION: Tech CFOs: Demystifying Blockchain and AI’s Practical Utility in Finance
Learning from Recent Financial Reporting Failures: Identifying the Early Warning Symptoms and Creating Checks and Balances
Deriving the Best from your EPM: Migration Planning and Data Management Made Efficient
Ensuring Higher Productivity through Coordinated Employee Benefits and Risks Coverage
Creating a Culture of Credible Financial GRC Practices: Mitigating the Intrinsic Value Systems
Sustainability Reporting and Unravelling the Capital Benefits
Rolls Royce Power Systems
Fraser & Neave & Thai Beverages
OMS Oilfield Services
Wipro Consumer Care - International
BP Asia Pacific
Yeo Hiap Seng
* Top 7 reasons why you should Sponsor *
1. Interact with Key Buyers, influencers and decisions makers from across the Asia Pacific Region
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3. Increase your business opportunities with ease in the Asia Pacific Region
4. Achieve business growth through the multitude of opportunities made available to you
5. Amplify your brand positioning to create Top-of-Mind-awareness among senior industry executives
6. Enjoy a wide reach as your company brand and solutions are amplified at this strategic platform
7. Succeed in engaging your targeted audience through an array of customizable sponsorship packages
Varthini Larue, a French national, is a finance professional with 30 years of experience out of which 20 years within Air Liquide Group with various experiences from accounting, ERP implementation, head of Group Consolidation. Working overseas for the last 12 years as country CFO in Argentina and Taiwan, she is currently Regional CFO is SEA and has driven the transformation of Finance in the region by setting up a financial shared service center in KL in 2017.
Rajesh Shroff as its CFO for Singapore heads multi country finance & commercial team and partners the business to drive growth without diluting focus on risk management and working capital optimization.
Rajesh, a Chartered Accountant and a Company Secretary by profession, has a passion for developing high performance finance teams to support new projects, business expansions and acquisitions integration.
In a career spanning 25 years Rajesh has worked as Head of Corporate Affairs in Olam International Singapore, Whole time Director for Olam’s India region, Controller & Company Secretary of Wilmar’s agri commodities JV, Commercial Manager in Birla Group Company and in assurance practice under umbrella of EY India.
Adani Group, with topline in excess of US$ 14 bn., is a multinational with conglomerate diversified businesses including logistics & port infrastructure, thermal power & renewable energy generation, power transmission & gas distribution, coal trading /mining, agri commodities trading/processing/warehousing etc. Its business span covers India, China, South East Asia, Middle East, Australia, North & South America, South Africa etc.
Vivek Chhabra is a Chartered Accountant with over 30 years’ experience that includes a strong growth track record in 3 companies: Before joining Fraser & Neave, Vivek has worked as CEO for Soft Drinks Thailand, and 20 years with Heineken Asia Pacific arm as Regional Director - South Asia, M&A Director APAC, and CFO APAC.
Vivek has lived and worked in 5 countries including Singapore, Thailand, India and Vietnam and he has acquired extensive knowledge of F&B players across ASEAN.
Vivek turned around a USD 700m loss making beverage business in Thailand by increasing market share and reducing losses by 80% in 2016 and 53% in Q1, 2017.
He completed 20 M&A transactions valued at USD 1.25 billion for Heineken Asia Pacific arm in India, China, Vietnam, Indonesia, Myanmar, Sri Lanka, Mongolia, New Zealand, East Timor and in the Solomon Islands.
Vivek also served as Independent Director of a Danish MNC's South Asia Supervisory Board (ex China)
Citations and Committees:
Vivek has received several awards from governmental bodies in Vietnam and India and he has also been a member of World Bank/IFC Private Sector Reform program in Vietnam; member of the Industry and Finance sub-committee of the GPC in Singapore; and Vice Chairman of the South Asia Business Group in the Singapore Business Federation.
CFO, Finance & IT Director: responsible for setting the right financial tone for the organization; by leading the IT, financial planning, controllership and budgetary functions of the organization whilst working with the CEO to drive the organization’s financial and operating growth strategies.
Fast tracked career as a result of being part of General Electric's finance leadership and talent development pool for high-potential employees across France, UK, Africa and the USA on assignments ranging from corporate finance, controllership, financial planning and analysis to ERP (Enterprise Resource Planning) business simplification projects.
Recently completed my Executive MBA @ INSEAD (fully sponsored candidate) and graduated in Dec'18
Dennis oversees StarHub's financial health, develops and executes strategies through financial management and ensures that business decisions are financially sound. He is also responsible for driving merger and acquisition activities as well as procurement, supply chain and enterprise risk management.
Prior to joining StarHub, Dennis was the Senior Vice President and Chief Financial Officer (CFO) of STATS ChipPAC (Worldwide), a leading provider of advanced semiconductor packaging and test services. He was also with Lear Corporation as its Vice President of Finance, Asia Pacific Operations and CFO of Behringer Corporation and Frontline Technologies Corporation.
Dennis is a Chartered Accountant and currently a council member with the Institute of Singapore Chartered Accountants. He holds a Bachelor of Accountancy (Honours) from the National University of Singapore and a Master of Business Administration from the University of Hull, United Kingdom.
Sirish Kumar is the CEO and Co-founder of Telr, an international e-payment solution for businesses to easily and securely accept and manage online payments. He was recognised "Entrepreneur of the year" by Enterprise Asia in 2016. In 2017, he featured in list of Top 100 influential people in UAE by Arabian Business.
Prior to co-founding Telr in 2014, Kumar was the CFO for PayPal in ASEAN and India, where he led the growth strategy, geographic expansion, financial planning and analytics, acquisitions and new ventures helming the operations across functions. He also has been an angel investor and led social entrepreneurship initiatives in Singapore and the Philippines.
A seasoned C-suite executive, Kumar is widely acknowledged as one of the most distinguished finance professionals in the industry. With an unstinted focus on emerging markets and SME businesses, Kumar spearheads Telr across Middle East, South Asian economies and in India.
Highly regarded for his expertise in credit finance, financial modelling and evaluation, mergers and acquisitions, commercial negotiations and project management, Kumar believes that what truly defines him is his great team building and inter-personal skills. He has managed large teams of 30+ members in different cultural contexts and has successfully led succession planning.
Kumar began his career with Cargill, and worked in senior leadership roles with Motorola, Nokia Solutions and Network across multiple geographies including the USA, Indonesia, Thailand, Singapore, India and other emerging markets.
At Telr, Kumar attracted an experienced talented multi-cultural team around core tenets which are summed up as 'SAVE' (Speed of innovation, Alignment, Values and Execution). He played an instrumental role in identifying risks and issues in specific emerging markets by raising funds, developing the governance framework, leading "first in the market" unique revenue sharing deals with acquiring banks in multiple geographies and by signing partnerships with large telecom groups. Kumar is also responsible for articulating the vision for the company and executing it by defining specific key performance indicators.
With the aim to establish Telr as the preferred financial service partner to SMEs, Kumar is committed to grow the businesses in emerging markets through a localised approach.
A Chartered Accountant by profession, Kumar has an MBA in General Management from INSEAD. An avid tennis player himself, Kumar is an enthusiastic Roger Federer fan who enjoys catching up with friends across the globe.
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Headquartered outside Washington, D.C., the Association for Financial Professionals (AFP) is the professional society that represents finance executives globally. AFP established and administers the Certified Treasury Professional and Certified Corporate FP&A Professional credentials, which set standards of excellence in finance. The quarterly AFP Corporate Cash Indicators serve as a bellwether of economic growth. The AFP Annual Conference is the largest networking event for corporate finance professionals in the world.
Euler Hermes is the global leader in trade credit insurance and a recognized specialist in the areas of bonding, guarantees and collections. With more than 100 years of experience, the company offers business-to-business (B2B) clients financial services to support cash and trade receivables management. Its proprietary intelligence network tracks and analyzes daily changes in corporate solvency among small, medium and multinational companies active in markets representing 92% of global GDP. Headquartered in Paris, the company is present in over 50 countries with 6,000+ employees. Euler Hermes is a subsidiary of Allianz, listed on Euronext Paris (ELE.PA) and rated AA- by Standard & Poor’s and Dagong Europe. The company posted a consolidated turnover of €2.6 billion in 2015 and insured global business transactions for €890 billion in exposure at the end of 2015. Further information: www.eulerhermes.hk.
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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.