Banks these days look for CFOs who are well versed not only inaccounting matters, but risk management, compliance and finance,according to the American Banker, which says the broaderskills demanded of CFOs reflects the changes that have occurredsince the financial crisis.
One recruiter says banks are asking him for CFOs who can helpthem grow or lead the organization through a merger. He adds thatgreater attention paid to valuations in transactions puts moreemphasis on the CFO's role.
The story also notes that banks may switch CFOs after a new CEOarrives, since CEOs want to work with a CFO they can trust.
Continue Reading for Free
Register and gain access to:
- Thought leadership on regulatory changes, economic trends, corporate success stories, and tactical solutions for treasurers, CFOs, risk managers, controllers, and other finance professionals
- Informative weekly newsletter featuring news, analysis, real-world cas studies, and other critical content
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the employee benefits and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
