BlackRock's CFO Petach at AHA

Finance executives need to lead in the quest for change and stop being defensive.

As finance executives face a range of challenges in the current environment, they must avoid becoming defensive and instead serve as leaders in the search for solutions, says Ann Marie Petach, CFO and senior managing director at asset management firm BlackRock.

The hurdles currently confronting finance executives include the sustained volatility in financial markets, historically low interest rates, demographic changes, uncertainty about the outcome of the debt crisis in Europe, regulatory changes in response to the financial crisis and risk management challenges, Petach told finance executives attending the Alexander Hamilton Best Practices Summit in New York City.

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