The ongoing debate about financial regulatory reform andthe looming European debt crisis are two dominant themes inTreasury & Risk's 100 Most Influential People inFinance list this year. The 2012 list includes lots of movers andshakers in Washington, reflecting the efforts there surroundingderivatives and money-market fund regulations, the Volcker Rule,convergence with international accounting standards, corporate taxreform and the federal deficit. There are also a number of globalleaders on this year's list as companies watch to see whether theeurozone's problems will derail the global economic recovery. Theheart of the list, though, remains the corporate financeexecutives—CFOs, treasurers, risk officers and others—who continueto come up with better ways to get the job done and innovativeapproaches to help their companies flourish. For Most Influential CFOs slideshow

Coming up: Finance Pros (6/19/2012), Risk Managers and Bankers(6/20/2012), Complete list (6/21/2012).

Werner Brandt
CFO & Member of Executive Board
SAP
Brandt has led the technology company's finance function throughthree major acquisitions—BusinessObjects, Sybase andSuccessFactors—in the last four years. Now he faces integrating afourth acquisition, of e-commerce company Ariba.