Need for professionals stressed

KARACHI: Private sector’s corporations are finding it difficult to keep the businesses sustainable in the rapidly changing business environment and therefore the only solution lies in hiring skilled professionals, Shaukat Tarin, advisor and chairman at Silkbank Limited.

“The chief financial officers are one such professional who possesses the desired skill sets that can help a company navigate a riskier and rapidly changing environment,” said Tarin, addressing the CFO Summit 2016 organised by Institute of Cost and Management Accountants of Pakistan (ICMAP) on Saturday.

Muhammad Haroon Rasheed, executive director at the State Bank of Pakistan said a CFO must keep the board and its sub-committees well informed of business and regulatory requirements and changes.