President's Message

George S. Chua

My Dear Friends,

My Dear Friends, It has been a very busy October and November for us at FINEX, an indication of the leading role that we undertake in our profession. Allow me to mention just those where I had played a role in since my last President’s Message. Last September 28, our Media Affairs Committee headed by our Chair Wilma Miranda and Liaison Director and FINEX Foundation Chairman Jimmy Ysmael conducted the standing room only Business Writing Seminar with Manila Times President & CEO, Mr. Dante “Klink”Ang II. I gave the Welcome Remarks to this very interesting topic with our outstanding lecturer which attracted a larger than expected crowd of 28 attendees.


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That FINEX Badge of Financial Excellence
Atty. Benedicta Du-Baladad Atty. Benedicta Du-Baladada

BUSINESS WORLD
January 20, 2017

That FINEX Badge of Financial Excellence

On the 23 rd of January, I will be sworn in as the 45 th President in the 49 years of existence of the Financial Executives of the Philippines or FINEX. FINEX, an organization of 750 finance experts, carries with it that Badge of Financial Excellence, painstakingly built and carefully protected over 49 years. This year, 2017, I was chosen as the keeper of that Badge. I am expected not only to keep but polish and protect it.

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Fixing even if it’s not broke
Mr. Ronald S. Goseco Manila Times
Fixing even if it’s not broke

January 20, 2017

By Ronald S. Goseco

I was previously assigned to maintain the corporate facilities of our telecom company. My team had a KPI of keeping our mission critical facilities operating above 99%. This required significant effort and resources to achieve. The cost benefit ratios were constantly reviewed and every year we had to invest significant amounts to keep up with the requirements specially in addressing N-1 contingencies. As we start the new year, I would like to share the challenges facing modern maintenance. I am certain that your budgets for “fixing what is not broke” have risen from last year and like all finance managers have asked the question, is this really all necessary?
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ASIA 'S RICHEST – WORLD’S RICHEST?
Ms. Wilma Inventor MirandaMs. Wilma Inventor Miranda

BUSINESS MIRROR
January 20, 2017

ASIA 'S RICHEST – WORLD’S RICHEST?

We can see in our country today the rich becoming richer and these are tycoons who has built their wealth for generations. There are in fact tycoons who are still alive today who started from being poor to being one of the wealthiest not only in the country but globally. And yet in a recent survey there are also many young entrepreneurs engaged in start-up businesses who also comprised Asia’s richest.

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Is strategic planning dead?
Mr. Reynaldo C. Lugtu, Jr.Business World
Is strategic planning dead?

January 13, 2017

By Reynaldo C. Lugtu, Jr.


Late last year, I chanced upon an online article in Forbes titled “Strategic planning is dead”. How ironic, as many companies were in tale end of their strategic planning exercises – spending a few days offsite with expensive consultants, culminating with a set of strategic moves and a three-year plan.

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Entrepreneurship Good News Bad News
Mr. Benel D. LaguaManila Bulletin
Entrepreneurship Good News Bad News

January 12, 2017

By Benel D. Lagua


Entrepreneurship has been heralded as important for growth, productivity, employment and innovation. With globalization reshaping the economic landscape and the political pivot both here and in the US, there is greater volatility and uncertainty in the world economy. Entrepreneurship is seen to offer solutions that will help meet the new economic, social and environmental challenges.

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UPCOMING EVENTS
2017 FINEX Induction Ceremonies and Inaugural Meeting, January 23, 2017 / Makati Shangri-la Hotel

At Makati Shangri-La Hotel from 23 Jan 17 11:45 AM to 23 Jan 17 02:00 PM - By FINEX - General Membership Meeting - Details

ASEAN Economic Integration

The Financial Executives Insitute is the leading organization of CFO's in the Philippines.

The ASEAN Integration Committee leads FINEX's efforts to prepare its members, and member companies to prepare for regional economic integration.

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Prof. Dev’t. Committee Corner
The Professional Development Committee conducts events such as economic briefings, conferences, forums, and symposiums for honing the skills of its members and stakeholders in the finance profession.
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Membership Nomination Form
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