Muddassir Farooq, CFO, Barns
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Tougher Days Are Ahead of CFOs
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Top 10 CFOs From Saudi Arabia - 2023
The chief financial officers, Steering Finances, Navigating Success
The chief financial officer is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances, including financial planning, management of financial risks, record-keeping, and financial reporting, and often the analysis of data. The CFO thus has ultimate authority over the finance unit and is the chief financial spokesperson for the organization. They manage financial risks and work to optimize the financial performance of the company. They play a crucial role in shaping a company's financial strategy and ensuring its financial health.
CFOs in Saudi Arabia: Inspiring Growth with Financial Wisdom:
In Saudi Arabia, CFOs play a pivotal role in driving financial strategies, ensuring compliance, and adapting to the evolving business environment. They must navigate unique challenges related to economic diversification, cultural considerations, and technological advancements. They are responsible for overseeing risk management and compliance with local and international financial regulations. They are tasked with optimizing capital allocation and sourcing funding for the organization. With the rapid advancement of technology, CFOs in Saudi Arabia need to embrace digital transformation to streamline financial processes, enhance data analytics, and improve decision-making. They must evaluate and implement modern financial technologies to ensure efficiency and accuracy in financial operations. Through effective financial management, strategic planning, and embracing innovation, CFOs contribute to the sustainable growth and success of organizations in Saudi Arabia. They play a vital role in shaping the financial health and strategic direction of organizations. They balance financial responsibilities, risk management, regulatory compliance, and strategic decision-making to ensure sustainable growth and success in the Saudi Arabian business environment.
CEO Insights Asia in this issue presents a list of ‘Top 10 CFOs from Saudi Arabia- 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.
Our subscribers play a decisive role in finalization of our annual list of "Top 10 CFOs From Saudi Arabia - 2023" by nominating those which have served them with excellence and are praiseworthy. If you feel there is a company that deserves to be on our annual list, do write to us about them mentioning their value proposition.
| Company Logo | Company Management | Company Name | Company Description |
|---|---|---|---|
 |
Abdul Ghani Bawany, Group CFO/Vice President Finance | UCIC | A financial professional with 25 years of experience in financial management, Strong experience in ERP implementation, IPO, project finance, and more |
 |
Amro Farag, CFO | Saudi Consulting Service | A versatile leader with a career spanning over two decades of experience, specializing in accounting, financial planning and operational management |
 |
Joerg Schuessler , CFO | Ceer | An experienced financial leader with extensive experience in the automotive sector, specializing in financial planning, budgeting and funding |
 |
Khalid Essardaoui , CFO | Saudi Public Transport Company | An management leader with 15+ years of experience in various industries such as defence & aerospace, construction, transportation and diverse organisation |
 |
Mater Alenazi , Group CFO | Ajlan & Bros. Holding | An accomplished leader with a wealth of experience and a strong background in strategic finance as well as financial expertise, ethical leadership and collaborative spirit |
 |
Mohammed Merajuddin , CFO | Leejam | An experienced leader working experience in the plastics, finance and FMCG industry, skilled in accounting, project management, budgeting and many more |
 |
Muddassir Farooq , CFO | Barns | A strategic leader with 15 years of experience in the MENA region and expertise in planning, implementing and managing internal controls, as well as overseeing the finance department of a company |
 |
Muhammad Aamir , Group CFO | Al Faisaliah Group | A finance executive with over 25 years of experience in diverse industries including FMCG and oil field services and working knowledge in multicultural and collaborative business environments |
 |
Shady Elmatboly, CFO | Darco | A seasoned finance professional with nearly two decades of industry experience, specializing in driving financial success and strategic growth in the real estate sector |
 |
Turki Saud Alsubaiei , CFO | Bayan Credit Bureau | A financial leader with more than 14 years of expertise in navigating complex financial landscapes and driving organizational restructuring, growth and profitability |
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