Published On: Fri, Oct 14th, 2016

Global CFOs converge in Cape Town

blue arrow worldJOHANNESBURG, (CAJ News) – MORE than 300 national and international Chief Financial Officers (CFOs), financial managers and business accountants from around the world will convene in Cape Town, South Africa to discuss prevailing economic issues.

They will meet under the aegis of the 46th World CFO Congress, the first time the event is held in the continent, to discuss topic related to the BRICS (Brazil, Russia, India, China and South Africa bloc), cyber security, tax and financial management.

The event is hailed as an important step in bringing about change in Africa in terms of financial positioning and governance.

Ahead of the congress, the International Association of Financial Executives Institutes (IAFEI) is making an investment of R500 000 (US$35 000) towards Africa’s next top 100 CFOs, by giving the best 100 nominated African finance professionals the opportunity to attend the congress as guests of IAFEI.

“Africa, as an emerging market, is developing significantly on so many fronts, and the role of the financial professional is vital in guiding growth and development in the right direction,” says IAFEI Chairman, Fausto Cosi.

He highlights the importance of not only focus on existing CFOs but to expose and mentor upcoming finance professionals in Africa.

“By learning from the experienced leaders in the industry, these younger CFOs will have a more successful career in financial management.”

An individual adjudged the most promising CFO will receive the opportunity of a lifetime to travel to Paris, France from December 5 to 9 for a mentorship programme, learning from some of Europe’s top professionals.

Gaining international exposure is extremely valuable in our industry, and this investment made by IAFEI indicates the importance of developing up and coming CFOs,” says Nicolaas van Wyk,SA Institute for Business Accountants’ (SAIBA) CEO and IAFEI Board member.

CAJ News

Featured Video