CFOs coping with more tasks nowadays, conference told

Lau

PETALING JAYA: The role of the chief financial officer (CFO) has evolved, with more companies looking to cut cost and CFOs having to do more compared to before, said Mabel Lau (pic), Standard Chartered’s country finance division CFO.

“The scope of what falls under the CFO has gone very much wider. Some functions outside finance are also now reporting to CFOs due to synergies and partly due to the absence of the chief operating officer’s role in some organisations. So, the mandate has actually gone wider,” Lau told StarBiz at the Finance Transformation & Shared Services Conference, which is organised by Star Media Group Bhd.