| | NOVEMBER 20244 Editorial Business Leadership ChroniclesVol 3 · Issue 3-11 · NOVEMBER, 2024Publisher Alok ChaturvediManaging Editor Sujith Vasudevan Manager - DesignPrabhu Dutta A.R.N RayNoidaRohit Raghubanshi Akshay Shettyadvertise@ceoinsightsasia.comEditorial queries editor@ceoinsightsasia.comTo subscribeVisit www.ceoinsightsasia.com/subscribe/ or send emailto subscription@ceoinsightsasia.comMagazine Price is $50 per issuePublisher Alok ChaturvediPrinted and Published By Alok Chaturvedi on behalf of InfoConnect Web Technologies India Pvt. Ltd., and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore - 560008 and Published At No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2024 InfoConnect Web Technologies India Pvt. Ltd., All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Designer Antony Arnold F Vayshnavi P. DVP - Sales & Marketing Amrit Kumar Singh Circulation Manager Magendran PerumalEditorialRoshan Akthar Keerthana Kantaraju Viswanathan A Roopalatha H. Nepal is growing and growing faster. According to reports, the country's real GDP growth is expected to be 5.1 percent in 2025, and increase by 0.4 percent next year. The World Bank reports say that the services sector is a key growth driver, with tourism, real estate, and trade leading the way. However, another entity, the Asian Development Bank, expects less growth than the World Bank. According to ADB, Nepal's GDP is expected to be 4.9 percent in 2025, and inflation is expected to be 5.5 percent. This growing landscape is giving more confidence to the business realm in the country. The digital transformation market in Nepal is expected to see significant growth by 2025. The key growth drivers of the market include the flaring adoption of cutting-edge technologies like cloud computing, big data analytics, AI, and cybersecurity across various sectors such as finance, healthcare, and government. Needless to say, chief financial officers (CFOs) in the country have to make some important technology investment decisions.CFOs worldwide are going through a transformative era that is majorly driven by the dynamic evolution of technology. For modern-day CFOs, technology proficiency is no longer an option, but a vital virtue must as importance as the business knowledge itself. CFOs must be at the forefront of digital transformation--wrapped perfectly around their business, leveraging emerging technologies such as AI, machine learning, and blockchain to enhance financial processes. Going forward, the responsibilities of their role will increasingly include understanding and driving the adoption of technology solutions that increase efficiency, reduce risk, and provide real-time financial insights. Embracing and deploying these technologies will help them steer their organizations to operational excellence and better competitive advantage. Sujith VasudevanManaging Editoreditor@ceoinsightsasia.comWhat is the Most Important Trait of A Modern-day CFO?
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