day 2nd Annual CFO Strategies Forum will be open on May 24 at the Radisson Blu Hotel in Riyadh. Organized by business information company Naseba, over 100 CFOs will participate in the initiative. With economies around the globe continuing to crawl mercifully out of recession, many companies are reviewing their business practices to ensure they are safeguarded for the future. As financial practices and different sectors evolve, one role in particular – the chief financial officer (CFO) – is under tremendous pressure to comply, educate and deliver results to both their board and their company. Wipro Consulting Services Vice President, India and the Middle East, Ramanath L Ram, said "the changing dynamics in the marketplace have thrown up unique opportunities for companies to transform the way they do business – and stay ahead of competition. The CFO can play a key role in this transformation by moving away from a traditional 'scorekeeper' role – to becoming a true business partner." "Post-recession economic growth has forced CFOs to rethink their current business model and take advantage by focusing their management on new opportunities. This year's CFO Strategic Forum takes a realistic look at the economy – and offers insights, strategies, case studies, in-depth discussions and practical examples to help rise above the challenges," said Naseba CXO Series Director Mohammed Saleem. The forum features high level panel discussions, interactive workshops and roundtable sessions. In addition, Wipro Consulting Services Practice Partner, Finance Consulting Services – Suraj Nair, is giving a keynote presentation titled "Strategies to Optimize Working Capital" highlighting the challenges, trends and best practices in managing working capital.
