The latest E&Y report highlights the changing role of CFOs of global banks in the wake of the credit crisis
CFOs of global banks must sharpen their focus on strategic issues rather than monitor and report financial information, according to a report by Ernst & Young and CFO Research Services.
Rapid growth in the industry has led to financial operations which have become disjointed and inefficient and only when CFOs can improve the financial operations, can they become true strategic partners, help evaluate new products, provide leading indicators on business performance and drive merger and acquisition opportunities.
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