Hillary Chua, CFO, UEM Edgenta, Malaysia
Profitability issues and the accompanying financial strain were front and center in the economy during the COVID-19 crisis. In response to the widespread of the coronavirus, borders were closed and hundreds of businesses were forced to temporarily shut down. The disruption to their supply chain meant that customers and businesses had less disposable income and business budget, therefore making fewer impulsive purchases and nice-to-have business spending. Given the unpredictability of the crisis's severity and length, the finance chief had to prioritize increasing the company's profitability and cash on hand.
What Does New Normal Mean for CFOs?
By: Sujith Vasudevan, Managing Editor
In the aftermath of the roller coaster ride of the past couple of pandemic-ridden years, organizations worldwide are striving hard to return to more sustainable and predictable operating conditions. Unfortunately
CEO’s Guide to Data Driven Organization
By: Piyush Chowhan, Group Chief Information Officer, Lulu Group
Piyush, in his 24 years career, has handled key responsibilities across companies such as Tata Infotech, Wipro, TESCO, SanDisk, WalmartLabs and Arvind Lifestyle, to name few.
By: Dr. Kaushik Sengupta, Product Head – Food SAR Region, Bureau Veritas Group
With 19+ years’ experience in the verticals like audit, certification, training, quality functions, Dr. Kaushik is increasing the digital process automation valuation
By: Prof. Gulbash Duggal, Dean, International College of Fashion
Prof. Gulbash boasts of a three decades long career in the Fashion & Design vertical, during which she has been associated an array of fashion institutes such as Lisa Fashion
By: Rajesh Kumar Singh, Global Head - HR, KPIT
Rajesh has 20+ years' experience in the various roles of the public sector, government, private sector and startups, who later moved to the Indian Government's Civil Services in 2001, won the World HRD Congress for transformative impact on retention.
By: Sukriti Dugal, Founder, ICRI Online Learning
Sukirti has been with ICRI for over three years now, prior to which she has worked with companies such as S&G Arts, Unique Shiksha, Dag Modern, and Palette Art Gallery.
By: Tulika Srivastava, Head – L&D, Altisource
With over 18 experience in the L&D vertical, Tulika believes in and drives transformational HR through definite strategies and qualitative analysis on performance.
Top 10 Chief Financial Officers From Malaysia 2022
Given the increasing technology trends and globalization, as the business and corporate landscape are evolving across economies, organizations are at constant risk to managing their business operations, overlooking the finances, as well. Where, the C-suite level executives, are efficiently overseeing the organizations functions independently but in coordination with each other, it is the prolific job of a Chief Financial Officer (CFO) to managing the financial actions of the company. However, over the last few decades, the role of the CFO has undergone a profound shift. Earlier, traditionally, while the CFO fundamental duties involved three main tasks- maintaining the books and records of the company, financial reporting, and statutory compliance, today's CFO is responsible to drive the direction and success of the organizations they work in using their knowledge and understanding of the financial position of the company. Though the older set of tasks of a CFO continue to be mission critical, today it is essentially required of the CFOs to be future-ready, and ably utilize the financial data present in order to influence the company's operational decision making and strategy.
Famous for its beaches, rainforests and mix of Malay, Chinese, Indian and European cultural influences, Malaysia is a Southeast Asian country with an upper-middle income. The country's economy is largely driven by manufacturing sector, and then follows the agriculture (agriculture, livestock, forestry and fisheries), retailing & the hospitality sector. As per study, the overall Malaysian economy expanded by 9.3 percent in the first three quarters of 2022. Lately, the DOSM (Director of Sales and Marketing) has also revealed in a statement that the main subsectors contributing to the growth in the manufacturing sector were electrical and electronics products (15.5 percent), petroleum, chemical, rubber and plastic products (6.5 percent), and transport equipment and other manufactures products (21.6 percent). Well, this growth can't be enjoyed alone, without applauding the CFOs spearheading the accomplishing organizations existing in the region, thriving amidst these industries.
CEO Insights Asia in this issue presents a list of `Top 10 Chief Financial Officers from Malaysia - 2022' 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.
|Amarnath Kamath ,Chief Financial Officer
|AXA Group Operations
|A results-driven Finance professional with extensive work experience in Asia Pacific with over 20 years track record of exceeding financial goals with AXA, Oracle, Godrej & Boyce and Cadbury
|Anil Mungad,Chief Finance Officer
|Experienced Chief Financial Officer with a demonstrated history of working in the petrochemicals and textiles industry, skilled in Trade Compliance, Treasury, Management Information Systems (MIS), Financial Accounting, and more
|Frederic Serpoul ,Chief Financial Officer
|Standard Chartered Bank
|A highly skilled profesional with expertise in the areas of Project Management, Cross-functional Team Leadership, Banking, Financial Reporting, Stakeholder Management and more
|Hillary Chua,Chief Financial Officer
|A highly successful, results-driven senior financial management professional with her key areas of competence includes mergers and acquisitions, fundraising, financial management, and corporate transformation
|Joonyoung Kim ,Chief Financial Officer
|In the firm he is responsible to oversee the entire malaysia finance organization (Marketing & AD Industry), FP&A, Controlling, ERP, Finance IT systems and data management
|Kuan Yee Ng,Chief Financial Officer
|An experienced professional with a combination of good business acumen and technical skills, bringing to the table the ability to steer and drive an organization to meet its objective in terms of maximization of returns
|Matthew Daniel ,Chief Financial Officer
|Cycle & Carriage
|His areas of excellency encompasses Finance technology implementation and transformation, Debt capital issuances, M&A, due diligence, valuation, post merger integration, Risk controls and governance frameworks
|Ragesh Rajendran ,CFO & Consultant
|Ukay Builders Sdn Bhd
|An experienced professional, possesses an analytical mindset capable of catering to exigencies and has in-depth knowledge benefitting the company’s success
|Sumit Goyal ,Chief Financial Officer
|Experienced Head Of Finance with a demonstrated history of working in the accounting, finance, FMCG industry, skilled in Budgeting, Business Planning, Corporate Finance, Managerial Finance, and Accounting
|Tracey Ooi,Chief Finance Officer
|Fabulous Sunview Sdn Bhd
|Successfully planning the organization's financial strategy and driving the company's financial planning