Business EconomyPosted at: Apr 25 2024 6:40PM


Regulations to become more stringent, demanding in coming years : CUB MD

Chennai, Apr 25 (UNI) “Regulations are going to be here, and they are going to
get more stringent as there is a learning depending upon the changes in the
environment and the role of the CFO's,” City Union Bank (CUB) MD and CEO
Dr N Kamakodi observed on Thursday.
Addressing the Tamil Nadu Finance Conclave organised by the Confederation
of Indian Industry, (CII) here, he said “change is the only constant. If you think about
change today, its geopolitical, economic, social, climate, technology and of course
regulations to start with."
Mr T T Srinivasaraghavan, Former Managing Director, Sundaram Finance said "As
CFO's, one must develop a culture of ethical behavior within the organization. Also,
as a CFO your role is to be a conscience keeper for the business, for your CEO and
your board and you will never go wrong”.
Mr Srivats Ram, Chairman, CII, Tamil Nadu Managing Director, Wheels India Ltd in
his special address said “The world has changed. Businesses itself has become lot
more complex. Despite these changes, India is still resilient. There are four points a
CFO must consider in any organization; managing risks Business Responsibility and
Sustainability Report (BRSR) and raising of capital and the need to build soft skills."
"Soft skills help one to engage with people across the organization, outside the
organization and build a certain amount of cohesiveness”, he said.
UNI GV 1840
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Tags: #Regulations to become more stringent# demanding in coming years : CUB MD
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