Vincent Lim, CFO APAC, Datalogic
It is a long-standing industry practice to have accounting qualified people as finance leaders. This view is valid, besides these leaders strong ability, it is also supported by the signaling effect, first the company with an accounting-qualified finance leaders “signals” to the industry and stakeholders that the company’s has strong financial status and accurate reporting, second the aspiring finance leader “signals” to the company that he or she is more detailed oriented, prudent and consciencious, therefore the company is more likely to get accounting qualified finance leaders.
However there is an increasing trend that finance leadership team needs a more diversed background and culture. In this talk, Vincent will share the facts found from Singapore’s 20 top companies, which in some cases carry different practices from the industry practices and popular believes. Vincent will then share the possible reasons of this phenomenon, then predict the cultural changes of finance leadership which will happen.
