22 Oct '11, 3am

Significant number of Singapore's chief financial officers have relatively little relevant experience: Study

A significant number of Singapore's chief financial officers (CFOs) have relatively little relevant experience, a new study released on Friday has found. Half of them have spent less than three years in their roles, and a significant proportion do not even have a background in audit. But continuing professional development opportunities would help these finance chiefs perform their jobs better, added audit giant KPMG, which conducted the poll among 461 CFOs of Singapore-listed firms. Background story GROWING INTO THE ROLE 'What is clear is that executives in Singapore need more professional development opportunities.' Mr Tham Sai Choy, managing partner of KPMG in Singapore The study showed that 50 per cent of the CFOs have spent less than three years in the role, with about 20 per cent having been in the position for less than one year. Please enable JavaScript to view the...

Full article: http://www.straitstimes.com/BreakingNews/Singapore/Story/...

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