Business World

ING, FINEX shine spotlight on CFO role

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DUTCH FINANCIAL giant ING Bank and the Financial Executives Institute of the Philippine­s (FINEX) are shining the spotlight anew on one exemplary chief finance officer (CFO) in the ING FINEX CFO of the Year Award.

Now on its 12th year, the country’s longestrun­ning search for the most outstandin­g finance executive is open to companies (public or privately owned) operating in the Philippine­s and registered under Philippine laws. ING and FINEX recently opened the nomination period, which ends on Aug. 31, leading up to the award ceremony on Nov. 20.

In addition to being bestowed with the coveted title and receiving a glass trophy by award-winning glass sculptor Ramon Orlina, this year’s outstandin­g CFO will also join the elite rank of previous CFO awardees: Delfin Gonzalez Jr. (Globe Telecom, 2007), Sherisa Nuesa (Manila Water Corporatio­n, 2008), Jose Sio (SM Investment­s Corporatio­n, 2009), Ysmael Baysa (Jollibee Foods Corporatio­n, 2010), Jaime Ysmael (Ayala Land, Inc., 2011), Jeffrey Lim (SM Prime Holdings, Inc., 2012), Felipe Yalong (GMA Network, Inc., 2013), Jose Jerome Pascual III (Shell Philippine Exploratio­n, B.V., 2014), Danny Yu (Philex Mining Corporatio­n, 2016), and Jose Teodoro K. Limcaoco (Ayala Corporatio­n, 2017).

“We need CFOs who go beyond their traditiona­l role as number cruncher, who are not afraid of market volatility, and take a long-term view of their organizati­on and the economy. We need CFOs who demonstrat­e ethical leadership and business integrity. We need CFOs who care enough about the next generation. This is why we take great pains in screening and choosing the next CFO of the Year awardee,” said Hans B. Sicat, country manager of ING Bank, N.V., Manila Branch.

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