The chief financial officer (CFO) is an officer of a company or organization that is assigned the primary responsibility for managing the company's finances,including financial planning,management of financial risks,record-keeping,and financial reporting. In some sectors,the CFO is also responsible for analysis of data. Some CFOs have the title CFOO for chief financial and operating officer. In the majority of countries,finance directors (FD) typically report into the CFO and FD is the level before reaching CFO. The CFO typically reports to the chief executive officer (CEO) and the board of directors and may additionally have a seat on the board. The CFO supervises the finance unit and is the chief financial spokesperson for the organization. The CFO directly assists the chief operating officer (COO) on all business matters relating to budget management,cost–benefit analysis,forecasting needs,and securing of new funding.
Harry Max Markowitz is an American economist who received the 1989 John von Neumann Theory Prize and the 1990 Nobel Memorial Prize in Economic Sciences.
Financial risk management is the practice of protecting economic value in a firm by using financial instruments to manage exposure to financial risk - principally operational risk,credit risk and market risk,with more specific variants as listed aside. Similar to general risk management,financial risk management requires identifying its sources,measuring it,and plans to address them. See Finance § Risk management.
Roger G. Ibbotson is Professor Emeritus in Practice of Finance at the Yale School of Management. He is also chairman of Zebra Capital Management LLC. He has written extensively on capital market returns,cost of capital,and international investment. He is the founder,advisor,and former chairman of Ibbotson Associates,now a Morningstar Company. He has written numerous books and articles including Stocks,Bonds,Bills,and Inflation with Rex Sinquefield,which serves as a standard reference for information and capital market returns.
Business International Corporation (BI) was a publishing and advisory firm dedicated to assisting American companies in operating abroad. It was founded in 1953. It organized conferences,and worked with major corporations. Former president Barack Obama worked there as a financial researcher after graduating from Columbia University. In 1986,Business International was acquired by the Economist Group in London,and it eventually merged with the Economist Intelligence Unit. Business International was linked to the Central Intelligence Agency.
Steven C. Preston is currently president and CEO of Goodwill Industries International,the organization that works to help individuals achieve greater independence through employment,with programs for youth,seniors,and veterans,as well as people with disabilities,criminal backgrounds,and other specialized needs. He formerly served as the 14th Secretary of the U.S. Department of Housing and Urban Development from 2008 to 2009 and the 22nd Administrator of the U.S. Small Business Administration from 2006 until his appointment as HUD Secretary. Before entering public service,Preston spent nearly 25 years in financial and operational leadership positions in the private sector.
Treasury management includes management of an enterprise's holdings,with the ultimate goal of managing the firm's liquidity and mitigating its operational,financial and reputational risk. Treasury Management includes a firm's collections,disbursements,concentration,investment and funding activities. In larger firms,it may also include financial risk management.
Following is a partial list of professional certifications in financial services,with an overview of the educational and continuing requirements for each;see Professional certification § Accountancy,auditing and finance and Category:Professional certification in finance for all articles. As the field of finance has increased in complexity in recent years,the number of available designations has grown,and,correspondingly,some will have more recognition than others. Note that in the US,many state securities and insurance regulators do not allow financial professionals to use a designation —in particular a "senior" designation —unless it has been accredited by either the American National Standards Institute or the National Commission for Certifying Agencies.
The Bank of New York Mellon Corporation,commonly known as BNY Mellon,is an American investment banking services holding company headquartered in New York City. BNY Mellon was formed from the merger of The Bank of New York and the Mellon Financial Corporation in 2007. It is the world's largest custodian bank and securities services company,with $2.4 trillion in assets under management and $46.7 trillion in assets under custody as of the second quarter of 2021. It is considered a systemically important bank by the Financial Stability Board. BNY Mellon is incorporated in Delaware.
James Lam is a corporate director,management consultant,best-selling author,and keynote speaker. He is President of James Lam &Associates,a risk management consulting firm he founded in early 2002. Lam currently serves as chair of the risk oversight committee and a member of the audit committee on the board of E*TRADE Financial Corporation. He also serves as an independent director and chair of the audit committee of RiskLens,Inc.
Karen Gordon Mills is an American businessperson and former government official who served as the 23rd Administrator of the U.S. Small Business Administration (SBA). She was nominated by President-elect Barack Obama on December 19,2008,confirmed unanimously by the Senate on April 2,2009,and sworn in on April 6,2009. During her tenure,her office was elevated to the rank of Cabinet-level officer,expanding her power on policy decisions and granting her inclusion in the President's cabinet meetings. On February 11,2013,she announced her resignation as Administrator and left the post on September 1,2013.
Nancy Killefer is an American government consultant and political figure. She was nominated for the Chief Performance Officer position in the Obama administration in 2009. In 2005 the District of Columbia government had filed a more than $900 tax lien on her home for failure to pay state unemployment tax on household help. She resolved the matter five months after the lien was filed. Killefer withdrew her nomination as CPO on February 3,2009. In March 2020,she joined Facebook and was appointed to the Board of Directors.
Jovita Carranza is an American businesswoman who served as the Administrator of the Small Business Administration from 2020 to 2021. She previously served as the 44th Treasurer of the United States from 2017 to 2020 after being appointed by President Donald Trump. Before that she served as the Deputy Administrator for the United States Small Business Administration from December 2006 to January 2009. Appointed by President George W. Bush,Carranza was unanimously confirmed by the U.S. Senate. Prior to her first appointment to the SBA,Carranza served as Vice President of Air Operations for United Parcel Service (UPS) at its facility in Louisville,Kentucky.
David Alan Viniar was the CFO and executive vice president at Goldman Sachs from 1999 until January 31,2013. He is currently on the board of directors of Goldman Sachs.
Allan Golston is the president of the United States Program at the Bill &Melinda Gates Foundation. He leads the Bill &Melinda Gates Foundation's five areas of strategy,policy and advocacy,and operations of a $600 million domestic program with $3.8 billion portfolio under management:K-12 Education,Post-Secondary Education,Technology Access,Special Initiatives,and Family Homelessness,Early Childhood Learning,and Community Grants in Washington State.
Ruth Porat is a British-American business executive serving as Chief Financial Officer of Alphabet and its subsidiary Google since 2015.
Reval is a software company. Reval’s cloud-based software provides clients with tools to manage cash and financial risks. The company is headquartered in New York City with regional offices in EMEA and APAC. Reval is led by CEO,chairman,and co-founder Jiro Okochi.
Allen Morris Thomas is an American politician. He was appointed on December 6,2021 by President Biden and the White House as Regional Administrator for the Southeast Region of the United States Small Business Administration.
Tami Perriello is an American government official serving as the Chief Financial Officer of the Small Business Administration. She held the position of acting administrator of the SBA from January 20,2021,to March 17,2021. Perriello has previously served as the associate administrator and CFO for the Pipeline and Hazardous Materials Safety Administration.
