THE IRREPLACEABLE VALUE OF EXPERIENCE

CFO Mentoring

ROLE PREPARATION

Background

The CFO plays an increasingly important role in the boardroom and the success of the company. The incumbent assumes a complex set of accountabilities where cognitive skills need to be balanced with behavioural and relationship skills, and the role transcends pure function to become a key lieutenant of the CEO.

An example of a key issue for CFOs is how to stay committed and loyal members of the management team whilst being expected to be objective commentators in their relations with the Non-Executives. This requires skills which can be honed by mentoring.

CFO Mentoring

CMi has developed bespoke mentoring programmes for future or recently appointed Chief Financial Officers of listed companies.

Examples of topics that have been brought up in previous programmes are:

  • Dealing with the Board on issues of strategy, crisis management, information flow and control
  • Roles of and relationships with the Non-Executive Directors
  • Relationship with the CEO in the boardroom and outside
  • Relationship with the Audit Committee chair and members
  • The external and internal audit function
  • Interaction with investors, analysts and media
  • Dealing with stakeholder constituencies beyond shareholders
  • Portfolio issues: M&A opportunities, hostile takeover bids, welcome and unwelcome approaches from competitors, private equity and investment bankers
  • Building valuable networks with other Chief Financial Officers

Several of CMi's Chairmen Mentors are former CFOs of large international companies, with listings in Europe and the US, having substantial best practice experience and wisdom to share.

Chairman Mentors International Testimonials

TESTIMONIALS

"The personal sessions with my mentors were invaluable for my executive job. I started my first NED appointment for a FTSE company and added three more non-executive directorships, FTSE and CAC 40.

Without the support of CMi and my mentors this would not have been possible."


MARTINE VERLUYTEN

former Chief Financial Officer, Umicore