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ICICI Lombard targets 18-20% ROE, heavily investing in health insurance, says CFO Gopal Balachandran

CFO News

The insurer has achieved a ninefold increase in policy issuance while reducing headcount by 20 per cent, through technology investments. CFO Gopal Balachandran outlines the companys focus on health insurance expansion, regulatory compliance, IFRS 17 preparedness, and its approach to profitability and risk management.

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NMB Bank: Driving Tanzania’s Digital Transformation

Global Finance

Kwame Makundi (KM): In 2024, NMB Bank showed its commitment to technological advancement by launching over 20 initiatives that support growth and improve its offering in terms of customer experience, financial inclusion and operational efficiency. Global Finance (GF): What are NMB Bank’s recent milestones in driving digital transformation?

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David Wray: Navigating ESG, Sustainability, and the Evolving Role of CFOs

CFO Talks

Scenario planning, diversification, and embracing technology like AI are vital strategies. Risk Management: Identifying and mitigating ESG-related risks, which are increasingly recognized as indicators of potential business vulnerabilities. I once did a analysis of the IFRS Foundation’s budget.

CFO
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The 6 things every CFO should do to prepare for CBAM

CFO Dive

CBAM compliance also requires the purchase, management, and surrender of CBAM certificates. The company’s CBAM obligations and purchased certificates have to be accounted for in accordance with global accounting standards like the IFRS or US GAAP. You can unsubscribe at anytime. All copyright resides with them. TechTarget, Inc.s

CFO
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Subscription-Based Offerings Are Radically Changing the Automotive Sector

Bramasol

This ensures that vehicles remain up-to-date with the latest technology and performance improvements without requiring physical visits to service centers. Customers can access the latest technological advancements without waiting for new model releases or major upgrades.

SAP
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Hedge Accounting: 3 Key Benefits of IFRS 9

Reval

IFRS 9 is changing hedge accounting forever. Companies in the European Union have only begun to kick off their IFRS 9 initiatives since the European Commission endorsed the standard in November 2016. IFRS 9 Advantages in a Nutshell. Finance professionals had to hedge for all risks, rather than for just the aluminum component.

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Embracing AI in Finance and Accounting: Balancing Risk and Innovation

CFO Leadership

This technology offers unprecedented rewards, but it also presents new risks that we all must navigate. AI driven automation is expected to extend to more complex tasks such as, audits, risk management, and financial planning and analysis. What is Artificial Intelligence? With a large and diverse enough data set (e.g.