Newsletter: The real reason for the Randslide | Learning from Greg Davis CFO Africa Standard Bank | Plaudits for clean audit National Arts Council


CFO South Africa Newsletter | Thursday 27 August Dear CFO South Africa Member, Read Exclusive CFO South Africa Articles Learning from award-winning Africa CFO Greg Davis (Standard Bank) The Standard Bank Africa CFO also contributed to various of our events. In May this year Davis received the Moving into Africa Award at the CFO Awards. In an exclusive interview we spoke to him about promoting “a culture of sharing and interaction”, his take on the CFO role and the way he sees banking develop in Africa. Plaudits for clean audit National Arts Council For the first time since its inception in 1997, the National Arts Council (NAC) of South Africa has received a clean audit. The Auditor-General South Africa, Thembekile Kimi Makwetu, awarded the entity a clean audit for the 2014/2015 financial period and it was also announced that the NAC has also achieved 90 percent of the targets stated in its Annual Performance Plan. CFOs discuss their role as change agents at intimate dinner Never has there been a time when IT and business have experienced so many synergies and when the need to transform was so consistently urgent. Change management was the topic of an intimate networking dinner organised by CFO South Africa in partnership with Oracle and principal sponsor KPMG – both at the forefront of fast-tracking change – at the prestigious Four Season Westcliff hotel in Johannesburg on Thursday evening, 20 August 2015. Finance executives from various industries took full advantage of the opportunity to swap notes with their peers and expand their knowledge bases. Read more exclusive articles on - Editorial: the real reason for the #randslide - Aveng attributes loss of share value to economic slowdown - Bad news for SA's GDP - Brimstone reports a R480.1 million loss - Shoprite profits soar, opens 35 new stores across Afric - AngloGold Ashanti generates free cash flow in Q2 RSVP for CFO Event "Digital Transformation" 17 September 16.00 - 20.00 - 54 on Bath Boutique Hotel - Sandton In no time at all digital transformation has had an enormous impact on our organizations and business models. And this is just the beginning. How can we understand this digital transformation, and see the financial opportunities and consequences for the business? Join us for this event, and you will find the inspiration, the examples and the knowledge you need to embrace the opportunities technology has to offer. Program 16.00 Opening & Reception 17.00 Round Table Discussion - The Impact of Digital Transformation A new generation of communication technology, mobile Internet, unlimited data storage and incredibly rapid access to information sources. In no time at all, this transformation has had an enormous impact on our organizations and business models. And this is just the beginning. In the new digital reality, people have the opportunity to freely share their opinions, experiences, ideas, emotions and complaints en masse and anonymously. Markets have never been so transparent, putting the customer back in charge. How can we understand this digital transformation, and see its financial opportunities and consequences for the business? 17.00 Master Class Planning, Budgeting & Forecasting in the 21st Century Today, many CFOs are turning to rolling forecasts to inspire and lead their organisations to superior performance. Hear experts on the best practices of strategic planning in today’s fast changing world. They will present the latest insights and the CFO research results on technology driven budgeting and forecasting. Also they will discuss the 5 key points of forecasting and how to master the cutting edge tools and techniques and how to integrate budgeting and rolling forecasts with other management systems to ensure to achieve a superior performance. With Zafar Mohamed, CFO McDonalds SA, Aarti Mohan, Product Leader Performance Management Oracle Europe & Africa, Brad McCreedy, Director Business Intelligence KPMG, Derik Rothman, Director Futuresense, Carl Janse van Rensburg, Operations Director Intellient and Joël Roerig, Editor CFO South Africa. 17.00 Public Chapter Round Table - What if Steve Jobs led a public entity? The success of a company like Apple is borne of their ability to radically break with today's conventions. Their way of working is not just based on technological shrewdness. Inspiration, creativity and the will to do things differently are equally important in this case. The vision of Steve Jobs opened the doors to a whole new industry and new ways of value creation. What can we as Public CFOs learn from that? 18.45 Café & 10 things you need to know about Cyber Security Keynote by Nathan Desfontaines, Information Security & Protection & Business Resilience Manager at KPMG. Nathan is a leader in ensuring the success of information security through a combination of business and technical acumen. He is a leading subject matter expert in penetration testing, vulnerability assessments, risk assessments and information security management as well as information security strategy development and implementation. Nathan will update you on the 10 most important things about cyber security every CFO should know but were too afraid to ask. Interact, learn, connect and discuss the challenges that you are facing with, with your peers over a drink at the CFO Café. Build your network and meet other top CFOs and financials. Register here now. Sponsors CFO South Africa Event: Continuous Professional Development Points Did you know all events of CFO South Africa are eligible for SAICA CPD points? By attending CFO South Africa's events and training courses you will stay compliant. Sign up for the next mind-blowing Fintech Event in Stellenbosch Join the FinTech Africa Event 20 October in Stellenbosch. At this meeting 100 insiders, experts, startups and investors discuss the developments and challenges for FinTech in Africa. Program: 15.30 Welcome and introduction to the African FinTech initiative By Graham Fehrsen, Country Manager CFO South Africa and FinTech Africa 16.05 Big organisations are doomed By Martijn Aslander, international speaker and Dave van Niekerk, CEO GetBucks Why small companies are better, smarter and faster and more fun. Why big corporates fear for their future. Why the age of abundance will change everything. 17.00 Panel discussion "The future of FinTech in Africa" Startup, bankers, investors and industry insiders discuss the challenges & opportunities for FinTech in Africa. Are we missing out in Africa?This event is organised by FinTech Africa. The ecosystem that connects FinTech startups, investors, corporates and advisors. Join the next Fintech event in Stellenbosch and register now for Tuesday 20 October - 15.30 - 19.00. Join the ultimate peer to peer advisory network Various CFOs and finance directors from Eskom, Nedbank, Transnet, Alexander Forbes Standard Charered Bank, Hollard, Absa, Business Connexion and Super Group are members of CFO South Africa. Your peers understand best the issues you face and the challenges that impact your business. Together you will share your experiences at CFO South Africa’s events and help you advance in your career, company and knowledge. Get introduced to experienced colleagues that are happy to share their knowledge with you. Peer-to-peer consulting is by far the best and most cost effective way to help you solve problems. Are you interested? Please see our membership page for more information here. Visit Finance Indaba Africa 2016 Finance Indaba Africa is the biggest annual exhibition and conference for financial managers and specialists in Africa. Over 1000 visitors are coming to Finance Indaba Africa to improve financial performance. Visitors are looking for growth, better and faster insights, more control and higher efficiency. Visitors are looking for ideas, inspiration, vendors and advisers and are planning to invest. Visitors are eager to boost their companies, networks and careers. Where & when? Sandton Convention Centre 13 & 14 October 2016. For more information please visit Would you like to become an exhibitor or you want to visit the indaba? Please contact Graham Fehrsen at [email protected] or at +27 11 083 7515. Read the first CFO Magazine South Africa Who are South Africa's leading CFOs? How do successful CFOs move into Africa? Why should you transform your finance function and how can you do it? How do you attract and retain talent? Who are the preferred advisors to South African CFOs? Read the latest insights from the CFO Award winning CFOs: Simon Ridley, Standard Bank, Anoj Singh, Transnet, Colin Brown, Super Group and Aarti Takoordeen, JSE and also featured interviews with Sizwe Nxasana, CEO Firstrand, Mike Brown, CEO Nedbank, Brett Goschen, CFO MTN, Brooks Mparutsa, CFO Hollard and Irene Singo, CFO Dep. Mineral Resources. As our online member we would like to give you the opportunity to read the first ever CFO Magazine South Africa online and free of charge HERE. Would you like to advertise in the next issue out November? Please contact Jurrien Morsch at [email protected] or at +27 11 083 7515. CFO Awards 2016 - Reserve your table now Buy a table for the CFO Awards and meet 300 of South Africa's leading CFOs. Demonstrate thought leadership, extend your network and develop business. You are seated with CFOs and finance directors from the top companies of South Africa. You are also more than welcome to join the CFO Conference preceding the CFO Awards dinner with your colleagues. Join us Thursday 12 May 2016 at the beautiful Summer Place. Don't wait too long, first come, first served. Become a partner or attend with your finance team and buy a table here. For more information check out Upcoming CFO South Africa Events Join the CFO Events with inspiring hosts and experts who will share their insights and experiences with you. Register now for these events and boost your company, network, career and knowledge. CFO South Africa Events in 2015 Sept 17 Johannesburg | Digital Transformation Oct 20 Stellenbosch| Fintech Investment Event Oct 22 Johannesburg | Finance Transformation Nov 19 Johannesburg | Risk, Compliance & Control Register now for one of the upcoming CFO South Africa Events. Please note that all our CFO South Africa events are for senior financial executives. CFO South Africa offers Platinum memberships to CFOs and finance directors. For more information please have a look here and contact Jurrien Morsch at [email protected]. Stay connected with CFO South Africa Follow CFO South Africa on Twitter and LinkedIn Stay up to date on what is happening in the world of finance by following us on Twitter @CFOSouthAfrica and LinkedIn. Next to that you can keep track of newly published interviews with CFOs and CEOs. Feel free to contact us Any suggestions or comments are welcome. Kind Regards, Graham Fehrsen Managing Director CFO South Africa | [email protected] To control which emails you receive from CFO South Africa, please change your email preferences at by selecting under settings "I do not want to receive emails from CFO South Africa | Finance Professionals South Africa"

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