Lahore (Muhammad Yasir) The CFO Convention 2023 centered across the theme of ” Resilient CFO – Balancing the Agenda for Tomorrow,” was organized by the Skilled Accountants in Enterprise (PAIB) Committee of the Institute of Chartered Accountants of Pakistan (ICAP) on Thursday at an area resort of Lahore.
Mr. M. Ali Latif, President ICAP emphasised the important position that Chief Monetary Officers (CFOs) play in navigating organizations by difficult instances whereas successfully managing long-term strategic priorities.
Mr. Samiullah Siddiqui, Chairman PAIBC and Council Member, ICAP highlighted the convention targets, imaginative and prescient, and ICAP’s important contributions to Pakistan’s finance and financial sector. He emphasised the convention’s significance and its direct relevance to professionals within the enterprise and finance fields, setting the tone for an occasion that promised precious insights and significant discussions.
The convention’s inaugural panel dialogue, titled “Ability-sets for Tomorrow,” featured trade leaders together with Mr. Nadeem Khan, CFO of PTCL; Mr. Irfan Awan, CFO & Government VP of the Financial institution of Khyber; Ms. Khursheed Kotwal, Council Member of ICAP; and Dr. Ijaz A. Qureshi, Professional Vice Chancellor of IAC Lahore. The panelists emphasised the significance of coaching and adapting to the digital period, specializing in operational effectivity, various knowledge illustration strategies, the position of CAs within the public sector, steady upskilling, staying up to date with tendencies, embracing expertise, and constructing collaborative relationships.
Mr. Saquib Ahmad, SAP’s Nation Managing Director, mentioned the significance of organizational transformation for effectivity and cost-cutting throughout a Tech-station section. He highlighted the worldwide integration of instruments like chatGPT in enterprise practices, streamlining workloads.
Mr. Mohsin Naqvi, Group Director Finance at Kohinoor Maple Leaf Group, Mr. Aftab Butt, CEO of KAPCO, and Ms. Ammara S. Gondal, Chairperson of NRC ICAP, led an interesting dialogue titled “80/20 Dialogue – Balancing Act of Optimization.” Throughout the dialogue, the panelists provided profound insights and shared their intensive experience on attaining multi-objective administration in engineering tasks, which includes decreasing prices, enhancing high quality, and shortening undertaking cycles.
The visitor audio system within the panel dialogue titled “Alternatives Past Uncertainties” included Syed Tanveer Saleem, Group Government at Meezan Financial institution, Ms. Roohi Khan, Group CFO at Techniques Restricted, Mr. Malik Salman Hafeez, CEO of Attire Vertical at US Denim, and Mr. Mustafa Yaqoob, Regional CFO at Lipton Teas & Infusions. They emphasised the pressing want for a complete reform of our present political system to revitalize our nation. Transferring ahead, it’s essential for each sector of society to meet their duties diligently and harness the potential of key components to drive progress.
The fascinating Fireplace Chat, titled “The Name of Responsibility,” took a deep dive into the intricate and various challenges that companies face in as we speak’s ever-changing panorama. The panelists make clear the multifaceted hurdles posed by unstable power and oil costs, the intensifying competitors from smaller economies, the disruptive impression of on-line banking, the regarding phenomenon of data mind drain, and the pervasive dangers related to expertise developments. The dialogue was enriched by the precious contributions of the panelists, together with Mr. Ashfaq Yousuf Tola, Minister of State & Former President ICAP; Mr. Ali Khizar, Head of Analysis at Enterprise Recorder; Dr. Hassan Daud, Affiliate Professor at Bahria College Islamabad; Mr. Bilal Anwer, CEO of NDRMF; and Mr. Zeeshan Ijaz, Council Member at ICAP.
Concluding the Lahore convention, Mr. Asad Feroze, Vice President of ICAP, delivered a compelling abstract of the occasion, sharing precious insights mentioned by the audio system. The convention, which attracted a big viewers, proved to be extremely participating and informative.