ACCA, Deloitte launch 2018 Chief Finance Officer (CFO) awards
ACCA Uganda and Deloitte last week launched the second edition of the Chief Finance Officer (CFO) Awards themed “Finance in a Digital World”.
This follows the success that the inaugural CFO Awards registered last year with six winners from a highly competitive process.
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Last year Uganda Breweries Limited’s Alvin Mbugua walked away with the coveted CFO of the Year Award and NSSF’s Patrick Ayota was the 1st runners up for CFO of the Year Award.
Both have moved on to bigger things inform of career growth with Mbugua now the Head of Sales, East African Breweries and Ayota as the deputy Managing Director, NSSF.
According to the organisers, the awards this year have been increased from five to eight categories to carter for the unique attributes of the different sectors.
The eight categories are: CFO of the year, Young CFO Award, Public Sector Award, Strategy Execution Award, Finance Transformation Award, SME Award, Not for Profit Award and Finance and Technology Award.
Nominations for the CFO Awards 2018 started on August 16 and shall close on September 2018.
Anyone is encouraged to nominate a CFO/Finance Director/Head of Finance function that they feel meets the criteria and self-nomination is also allowed.
Nobert Kagoro, Managing Partner Deloitte and Beatrice Isagayite, Head of ACCA Uganda address the media at the launch of the 2nd edition of the Annual CFO awards
Speaking at the Launch, Beatrice Isagayite, the Head of ACCA Uganda said the CFO Awards provide a recognition platform for leaders of the finance function and draw attention to the required professional skills that should be adopted and demonstrated by leaders that will meet the needs of a rapidly changing business and economic landscape.
"At Deloitte, we have seen firsthand how the pressure and burden of the CFO role can seem overwhelming for those aspiring to the role. The Deloitte CFO Programme has been designed to help new and aspiring CFOs navigate the next steps of their careers, prepare them for the diverse responsibilities they will face in the CFO role and help them transition successfully,” Norbert Kagoro, the managing partner, Deloitte said.
He said, the roles and responsibilities of today’s CFOs and senior finance leaders are more varied and challenging than ever.
The CFO awards were established in recognition of the fact that the finance function and the CFO’s role is pivotal in building sustainable business models which ultimately translate into value for the investors.
