Maryknoll B. Zamora , CFO, Prime Asset Ventures
To posit a nation's progress based on the degree of infrastructure development requires the participation of the private sector. Helping the government achieve its medium-term development plans is a commitment of Prime Asset Ventures (PAVI). PAVI's operation revolves around a variety of industries, including power and water utilities, information technology, and telecommunications. To ensure PAVI is able to provide the Filipino communities with affordable and reliable services we talked to Maryknoll B. Zamora, the company's Chief Finance Officer.
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Top 10 CFOs In The Philippines - 2023
The business environment in the Philippines is highly built on personal relationships, with business matters always best dealt with face-to-face in a warm and pleasant atmosphere. While Danes and many Westerners are generally straightforward and want to get to the point immediately, Filipinos are indirect. They enjoy exchanging pleasantries, sharing a joke or two and talking about mutual friends and family members first before going to the main agenda of the business meeting. To a Filipino, cultivating a friend, establishing a valuable contact, and developing personal rapport moves business along. Filipinos are deemed as highly trainable labor force in Asia, making this as one of the strongest advantages of the country compared to neighboring countries.
Roles and Responsibilities of Chief Financial Officer: A CFO's daily tasks involve developing and managing a budget and ensuring compliance with financial regulations, negotiating loans and lines of credit, creating financial statements, overseeing investment activity, and more. The Chief Financial Officer of a company has primary responsibility for the planning, implementation, managing and running of all the finance activities of a company, including business planning, budgeting, forecasting and negotiations. The term chief financial officer refers to a senior executive responsible for managing the financial actions of a company.
Significance of CFOs Philippines: The chief financial officer (CFO) is the highest-ranking finance professional in an organization and is responsible for the financial health of the business in the Philippines. The CFO’s in the Philippines responsibilities include, but are not limited to: regulatory compliance, budgeting, cash-flow management, financial planning and analysis , scenario modeling, advising the CEO on potential mergers and acquisitions (M&A) targets, planning for initial public offerings (IPOs), capital budgeting, obtaining debt and equity financing, and handling investor relations. In additional to being a financial custodian, CFOs often advise the CEO and the Board of Directors on the overall strategic direction of the business.
CEO Insights Asia in this issue presents a list of ‘Top 10 CFOs in the Philippines - 2023' who have leveraged their extensive industry expertise and experience in offering effective skills to the market. The following list has been prepared after being closely scrutinized by a distinguished panel of judges including CXOs, analysts and our editorial board. We recognize their valuable contribution to the ever expanding and competitive market and their ability to sustain themselves and emerge as top contestants through their reliable knowledge
|Company Logo||Company Management||Company Name||Company Description|
|Ben Asma ,CFO||Accenture||An experienced senior finance director with a demonstrated history of working in the information technology and services industry, skilled in integration, management, mergers & acquisitions and more|
|Ernest Joseph Gomez, Chief Financial Officer||Isupport Worldwide||A highly accomplished leader with a strong track record of delivering exceptional financial management results, recognized for his financial acumen and exceptional leadership abilities|
|Gigi Miguel ,CFO & Treasurer||Manila Water||A pioneering leader with 33 years of experience, skilled in debt & equity capital raising, capital management, project finance and more|
|Jawahar Solai ,CFO & Finance VP||Coca-Cola Beverages||A dynamic leader with 33 years of experience heading the finance & procurement functions, skilled in negotiation & strategic planning, budgeting and more|
|JM Pabiton ,CFO||CIMB Bank||A finance professional in banking and the finance shared service center network with a demonstrated history of working in the banking industry, audit and accounting, skilled in change management, risk management, and more|
|Manny Jao ,CFO (Asia-Pacific & Africa)||TELUS International||An experienced finance professional with nearly three decades of expertise in diverse industries, including over 15 years in the BPO sector, plays a crucial role in steering the company and its management team towards achieving their financial goals|
|Maria Hope Reyes Perez ,CFO||L'Oreal Philippines||A passionate leader with thirst for knowledge, making her a natural learner, initially contributed her expertise in corporate finance, managing critical functions such as treasury, accounting, legal, data privacy, and tax|
|Maryknoll B. Zamora ,CFO||Prime Asset Ventures||A successful leader in the field of finance, has a proven track record of almost three decades in accounting and financing|
|Rosanna A. ,CFO||Athena||A transformational leader with more than 20 years of experience in finance, management accounting, project management and systems implementation, internal audit, finance service delivery, and more|
|Todd Esposito ,Group CFO||Tonik||A finance leader experienced in FP&A, financial planning, treasury, budgeting, accounting, administrative, investor relations and legal, M&A and integration roles and more|