NIGERIA CFO SUMMIT 2017, THEME: Excellence & Innovation in Finance
Oriental Hotel Lekki Lagos
The recently concluded Nigeria CFO SUMMIT 2017 held at the posh Oriental Hotel in Lekki brought together an array of finance executives across all industry sectors in Nigeria to discuss and examine issues in CFO leadership role, tax system in Nigeria, Internal audit system in Nigeria and best practices shaping the financial sector.
Discussing on leadership role of CFOs, Mrs Yemisi Edun, Executive Director Finance, FCMB highlighted the roles of CFOs as one evolving from tactical reserved mode into strategic visionary mode.
According to her, the role of CFOs is important to an organization but what’s more important is the value the CFOs create for such organizations. She explained that CFOs should be focused on creating value, enabling value and preserving value; focus on decision making and ensure decisions made by organization are well aligned with the ethics, governance and regulatory issues happening in the organization.
Mr Ibironke Babajide, CFO Mantrac Nigeria, spoke on stakeholder’s relationship, saying the strength of CFO lies in their data, integrity of the report they present, understanding of the environment they work and the economy.
His deep interest was on how the government will fix the Forex Market.
“Multiple FX markets should be collapsed to just one single market with monitoring and effective supervision by CBN. Having the CBN as the largest supplier of FX to the market is actually not the best” he added.
Present at the Summit were other top financial executives: Kenneth Erikume, Director – Tax & Regulatory Services, PwC Nigeria, Ibironke Babajide, CFO, Mantrac Nigeria, Oludare Adanri, CFO, Fidson Healthcare Plc, Rotimi Adenigba, Head, Internal Audit, IHS Nigeria, Richard E Turner, Group CFO, Jagal, Mrs. Yemisi Edun Executive Director, Finance FCMB, Azfar Hussain, Finance Director, RackCentre, Sebastine Odimma, Head of Tax, West and Central Africa, Maersk Group and other Finance experts.
By Janet Togbese