| | AUGUST 20244 Editorial Business Leadership ChroniclesVol 3 · Issue 6-8 · AUGUST, 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.Designers Mrigank SharmaVayshnavi PDVP - Sales & Marketing Amrit Kumar Singh Circulation Manager Magendran PerumalEditorialHima P.M. Keerthana Kantaraju Roshan Akthar Roopalatha H. The Philippines is all set to relive its pre-pandemic glory days in the Hospitality sector. It's no secret that the tourism and hospitality sectors play a vital role in the country's economic growth. Following the pandemic, there has been a consistent rise in room demand, driven by both domestic and international tourists visiting for recreation and business purposes. The corporate realm in the country is expected to reflect this improvement in trend. However, financial officers in the country will meet with further challenges in terms of using this favorable environment to their organization's advantage. No wonder financial leaders are in dire need of team members who are not only skilled in accounting, auditing, and compliance but also understand data visualization, are flexible thinkers, possess good communication skills, and, most importantly, have a lot of business sense. According to a recent Ernst & Young report, 22 percent of global CFOs prioritize transforming how finance talent is recruited, retained, and developed.Beyond the typical challenges of controlling job costs and financial planning, CFOs are now up against the pressure to leverage disconnected, disorderly data and embrace technology and digital transformation. The aforementioned EY report also says that 23 percent of CFOs plan to prioritize improving big data and analytics capabilities to transform forecasting, risk management, and understanding value drivers. This yearly special issue of CEO Insights Asia delves deeper into the world of financial experts in the Philippines. Do let us know your thoughts. Do let us know your thoughts.Sujith VasudevanManaging Editoreditor@ceoinsightsasia.comTransformation Time for CFOs
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