Dr Reddy's CFO Saumen Chakraborty says CFOs in the pharma industry should not take too much financial risk. A CFO should drive business performance and create more value for the organisation. <br />
RK Garg, director (finance), Petronet LNG says a CFO should provide support to CEO and his counterparts. The CFO should arrange funds at the right time and cheap cost for the company. <br /><br />
As Aroon Purie, chairman and editor-in-chief of India Today Group, puts it, the Business Today Yes Bank Best CFOs for 2014 award function aimed to celebrate "financial wizards" of the country.
Business Today Editor Prosenjit Dutta introduces the BT-Yes Bank Best CFOs awards and survey and explains the exhaustive, detailed methodology through which these financial wizards were selected.
Yes Bank Group President and Country Head Amit Kumar, introduces the audience to the BT-Yes Bank Best CFOs survey, fifth in partnesrship with the bank, while welcoming chief guest for the event Coal Minister Piyush Goyal, India Today Group Chairman Aroon Poorie and jury members.
Page Industries, executive director (finance), Pius Thomas says the budding CEOs should master the various aspects of the profession. The finance professionals should not hop their jobs continously. <br /><br />
Raj Kumar Baheti, director and president (finance) at Alembic Pharma says aspiring CFOs should be good team members. They should have indepth knowledge of the business of the company.
Ramakrishnan Subramanian, VP -finance, GlaxoSmithKline Consumer says aspiring CFOs should focus on becoming business strategists. The CFO should move out of accounting aspects and move into business aspects. <br />
Pratibha K Advani, CFO, NIIT Technologies says CFOs should ensure growth of the organisation. They should successfully manage stakeholders. <br />
Ashok Bhandari, CFO and ED at Shree Cement says starting and end point of a business should be cash. Realisation of profit into cash is more important for a sustainable business model.<br /><br />
Titan Company CFO and ED Subbu Subramaniam says the aspiring CEOs should have hunger for learning at business level. They should understand the building blocks of the business. <br /><br />
Sandeep Batra, director (finance), Pidilite Industries says CFOs should take timely decisions to become successful business leaders. A young finance professional should understand various aspects of finance and get into details of finance functions which will help him in his leadership role in the future. <br /><br />
Former CFO and EVP at Mphasis Ganesh Murthy says the budding CEOs should build a relationship of trust with key stakeholders, and conduct themselves with high level of integrity.
L Kulshrestha, GM (finance) at GMDC says young finance professionals should review the system and understand the delegation of power in the organisation.
Kevin D'Sa, CFO and ED at Bajaj Auto says young CFOs should understand their company and the industry and align themselves with the goals of the company. <br />
Rajesh Kumar Mehta, CFO, Speciality Restaurants says marketing and people management skills are critical for budding CFOs. <br />
The company's return on equity in 2012/13 was 44 per cent, outperforming peers. This has a lot to do with the way Bajaj Auto has kept its expenses and costs under control.
Under Pius Thomas, the finance chief of Page Industries, sales rose 36 per cent to Rs 1,173 crore and net profit grew 37 per cent to Rs 154 crore in 2013-14.
CFO Rostow Ravanan has implemented many processes for good governance at Mindtree. He also led the company's initial public offering in February 2007.
Ramakrishnan Subramanian, VP - Finance, GlaxoSmithKline Consumer says CFOs have always been significant contributors to the success of the organisations.
CFO Rajesh K Mohta's approach has helped the company improve profitability. Its income from operations nearly tripled to Rs 226.9 crore in 2012/13 in 5 years.
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