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If banking is under attack, then chief financial officers are the defenders of the realm. Equipped with the numbers, they are uniquely positioned to bring the credible answers their stakeholders seek and the changes their companies need.
May 3 -
A chief financial officer's workday is booked solid dealing with regulatory issues, risk assessments and finding places to cut costs. If they could find an extra hour, bank CFOs say they would use that time to consider how to improve their banks' strategies, employees and communities.
May 3 -
They spent their formative years analyzing balance sheets saddled with problem assets. They watched their mentors struggle to keep their banks afloat through the crisis. And they took good notes.
May 3
In our reporting at American Banker, we naturally spend a lot of time talking to CEOs. After all, the person at the helm is responsible for the direction of the company, and a CEO's broad perspective aligns with our mission of providing our readers with in depth analysis of the banking industry.
But we know CEOs particularly the best ones are not running their banks alone. They are flanked by other members of the C-suite in maneuvering the choppy waters of new regulations, low interest rates, a tepid economy, ever-changing technology, daunting cyber risks and fickle customer attitudes.
We wanted to get to know those key players better. So we are going to spend the next several months examining other parts of the C-Suite in an effort to give our readers deeper insights into the banking industry, the people who are making it work and the issues they face.
Our first report looks at the chief financial officer. You'll learn about
As part of this project, American Banker Research conducted a survey of CFOs among our readership. Insights from the proprietary research are featured in a slideshow gallery and throughout the articles in this special report. Similar surveys will be conducted for other parts of the C-Suite in the coming months.
Look for our special reports on the chief marketing office in June, the chief risk officer in July and the chief technology and information officer in August.